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Courtesy of George Brewer of Bhhs Vermont Realty Group/Middlebury.

2337 Rte 7 S

Middlebury, VT 05753
  • $525,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 4916092
UPDATED: 179 min ago
$525,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,556
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

A rare opportunity to own a multi functional Middlebury residential and office building in exceptional condition. Two apartments and 5 offices fully rented plus a common reception area and a conference room for all tenants use. Many improvements including new architectural shingle roof in Oct of 2021 ( 30 year warranty), new gas furnace and two new Rinnai heaters in apartments, and change over to natural gas. The building has had new insulation and vinyl siding and all new insulated windows installed plus the chimney rebuilt, all new wiring and 200amp service, new roof on the garage and loft areas built for storage plus a small storage building for tenants was added. The driveway and yard were paved and other areas were landscaped. New porches and entry ways were built for all tenants (4 entrances ). Due to tenant privacy and confidentiality of tenants several of the photos attached were taken before current tenants moved in. Apartments are fully furnished as are most offices with the exception of several desks and electronic office equipment. Some owner financing may be possible. Rents may be augmented by rental of garage units. Tenants have indicated a desire to continue tenancy. This listing is broker owned.

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-11-30T00:06:01.807.
www.livingvermont.com/homes/129948963
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2337 Rte 7 S Middlebury, VT 05753

  • Price: $525,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 179 min ago
  • MLS #: 4916092
0
Beds
0
Baths
0
½ Baths
0.48
Acres
2,556
SQFT
$205
$/SQFT
1920
Built
Neighborhood:
Middlebury
County:
Addison
Area:
Middlebury
Property Description
A rare opportunity to own a multi functional Middlebury residential and office building in exceptional condition. Two apartments and 5 offices fully rented plus a common reception area and a conference room for all tenants use. Many improvements including new architectural shingle roof in Oct of 2021 ( 30 year warranty), new gas furnace and two new Rinnai heaters in apartments, and change over to natural gas. The building has had new insulation and vinyl siding and all new insulated windows installed plus the chimney rebuilt, all new wiring and 200amp service, new roof on the garage and loft areas built for storage plus a small storage building for tenants was added. The driveway and yard were paved and other areas were landscaped. New porches and entry ways were built for all tenants (4 entrances ). Due to tenant privacy and confidentiality of tenants several of the photos attached were taken before current tenants moved in. Apartments are fully furnished as are most offices with the exception of several desks and electronic office equipment. Some owner financing may be possible. Rents may be augmented by rental of garage units. Tenants have indicated a desire to continue tenancy. This listing is broker owned.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Lot Description LandscapedLevelMajor Road FrontageNeighbor BusinessOpen Parking DrivewayGarageOff StreetOn-SiteParking Spaces 1 - 10Paved Railroad Available Yes Road Frontage Yes Road Frontage Length 156 Roof Shingle - Architectural Transport Access Major Road AccessNear AirportPublic TransportationRail AvailableState HighwayPaved

Interior Features

Basement Yes Basement Access Type Interior Basement Description BulkheadConcrete FloorPartialStairs - ExteriorStairs - InteriorStorage SpaceSump PumpInterior AccessExterior AccessStairs - Basement Equipment Co DetectorSmoke DetectorSmoke Detectr-Hard WiredSmoke Detectr-Hrdwrdw/BatWindow AcAir Conditioner Foundation ConcreteFieldstoneStoneStone W/ Skim Coating Heating Forced AirGas HeaterGas Heater - VentedHot AirMonitor TypeStove - GasWall Units Sq Ft Total Building 2556 Sq Ft Total Source Estimated

Property Features

Accessibility Features 1st Floor Bedroom1St Floor Full Bathroom1St Floor Low-Pile CarpetAccess ParkingBathroom W/TubPaved Parking1St Floor Laundry Assessment Amount 248200 Cable Company Comcast Commercial Features Furniture IncludedLow Flow Water FixtureShowersSmoke/Heat DetectorsProgrammable ThermostatHeat Included Covenants No Electric 200 AmpCircuit Breaker(S) Electric Company Green Mtn Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Vermont Gas System Gross Income 50400 Heat Fuel Gas - Natural Items Excluded Some Tenant Furniture Natural Gas Available Yes Phone Company Several Pre Construction No Sale Includes GarageLand/BuildingOutbuilding Seasonal No Sewer 1000 GallonLeach Field - ConventionlSeptic Span Number 387-120-12761 Sub Property Type BusinessMulti-FamilyOffice Sub Property Type Use Business W/ Real EstateOffice Building Surveyed No Tax Gross Amount 5978.88 Tax Year 2021 Taxes Tbd No Utilities CableDslGas - On-SiteInternet - CableMulti Phone LinesTelephone At Site Vacancy Factor 0 Vacant Land No Water Public Zoning Ag Rural Res.

Courtesy of George Brewer of Bhhs Vermont Realty Group/Middlebury: [IDXCONTACTINFORMATION].


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-11-30T00:06:01.807.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446