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111 South Main Street Middlebury, VT $ 1,200,000
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$ 1,200,000 Get more info
111 South Main Street
$ 1,200,000
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Share Save

111 South Main Street

Middlebury, VT, 05753
$ 1,200,000
Bedrooms9 Baths7.0 Sq 7,637

Monthly Estimate*

$ 7,976

Listed by Sarah Peluso, IPJ Real Estate, sarah@middvermontrealestate.com
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Multi-Family Home for sale in Middlebury, VT

for $1,200,000 with 9 bedrooms and 7 full baths. This 7,637 square foot home was built in 1873 on a lot size of 0.39.

What a location! Just down the street from Middlebury College and historic downtown Middlebury, this incredible investment property is ready for new owners. With a total of 9 bedrooms among six units, the structure retains a lot of its original charm. Several exterior porches allow for outdoor living space and hardwood floors and handsome woodwork appear in the main entry and within some units. Many updates have been done to make it easy to just purchase and go! A brand new sprinkler system was just installed, along with a new natural gas boiler. Most of the units have been freshly painted, and all are currently rented. A list of many recent improvements is attached to the listing. If you are looking for an investment property that is turn key- this might just be the one!

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Multi-Family Contingent

Price

$ 1,200,000

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 10,851

Style

Farmhouse

Lot Size

0.39

Year Built

1873

Town/City

Middlebury

County/Region

Addison

MLS | Web ID

4997190
Features
Interior
Basement Description Bulkhead Unfinished
Basement Yes
Flooring Carpet Hardwood Vinyl
Heating Fuel Gas - Natural
Total Number of Units 6
Total Full Baths 7
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General
Road Frontage Yes
Sewer Public
Heating Hot Water
Cooling None
Utilities Cable Gas - On-Site Telephone Available
Roof Slate
Parking Driveway
Garage No
Exterior Features Porch - Covered
Flood Zone No
Zoning Residential-12
Status Under Contract
Year Built 1873
Electric Circuit Breaker(s)
Style Farmhouse
Stories 2.5
Construction Status Existing
Net Income 54300
Assessment Amount 430400
Tax Year 2023
Area VT-Addison
High School Middlebury Senior UHSD #3
School District Addison Central
Seasonal No
Elementary School Mary Hogan School
Middle School Middlebury Union Middle #3
Area Description In Town Village
Price Per Sq Ft Total AG 218.3
Tax Gross Amount 10851.68
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Exterior
Foundation Stone
Driveway Gravel
Roads Paved Public
Lot Size Area 0.39
Garage Capacity 0
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* Excluded Features
List By
Sarah Peluso

Listing Agent

Ipj Real Estate

Broker

sarah@middvermontrealestate.com

Email

Affordability Calculator

$8,880
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$904
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1784215 Elementary School
448930 Middle School
Middlebury Senior UHSD #3 High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/24/2024$1,200,000 Listed Price

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111 South Main Street, Middlebury, VT, 05753 is a Multi-Family Home for sale at $1,200,000 with 7,637 sqft and a lot size of 0.39. 111 South Main Street has 9 bedrooms, 7.0 baths, and was built in 1873. The property's zip code is 05753 which is in Middlebury, VT

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