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84 Benedict Lane

Middlebury, VT 05753
  • $2,300,000
  • STATUS: Pending
  • ON SITE: 76 Days
  • MLS #: 4875516
Pending
$2,300,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,832
    SQFT
  • $260
    $/SQFT
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Description

Unique 13 unit apartment complex located at Chipman Park in the center of Middlebury. Three separate buildings consisting of a mix of 1, 2 & 3 bedroom apartments. This turn-key opportunity for the smart investor yields an attractive cap rate, low maintenance buildings and excellent occupancy history. Owned and impeccably maintained by the current owner for over 40 years. This is a rare opportunity to purchase this complex that is located just off the Middlebury College campus and blocks to the center of Town. Solid CAP rate and never any vacancy.

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© Copyright 2021 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 2021-10-18T00:05:25.723.
www.livingvermont.com/homes/119958318
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84 Benedict Lane Middlebury, VT 05753

  • Price: $2,300,000
  • Status: Pending
  • MLS #: 4875516
0
Beds
0
Baths
0
½ Baths
0.96
Acres
8,832
SQFT
$260
$/SQFT
1964
Built
County:
Addison
Area:
Middlebury
Property Description
Unique 13 unit apartment complex located at Chipman Park in the center of Middlebury. Three separate buildings consisting of a mix of 1, 2 & 3 bedroom apartments. This turn-key opportunity for the smart investor yields an attractive cap rate, low maintenance buildings and excellent occupancy history. Owned and impeccably maintained by the current owner for over 40 years. This is a rare opportunity to purchase this complex that is located just off the Middlebury College campus and blocks to the center of Town. Solid CAP rate and never any vacancy.
Exterior Features

Construction Wood Frame Driveway DirtPaved Exterior Vinyl Siding Has Garage No Lot Description City Lot Road Frontage Tbd Roads Public Roof Shingle Style Multi-Family

Interior Features

Basement Access Type Interior Basement Description Storage Space Cooling None Flooring HardwoodTileVinyl Foundation Concrete Has Basement Yes Heating Electric Water Heater ElectricOwned

Property Features

Association Amenities Trash Removal Auction No Construction Status Existing Electric Circuit Breaker(S) Flood Zone Unknown Gross Income 208620 Heat Fuel Electric Possession At Closing Pre Construction No Seasonal No Sewer Public Tax Gross Amount 19295.28 Tax Year 2021 Taxes Tbd No Total Leases 13 Total1 Bed Units 6 Total2 Bed Units 6 Total3 Plus Bed Units 1 Utilities Cable - AvailableInternet - Cable Water Public Zoning Res

Courtesy of Kara Koptiuch of Vermont Real Estate Company.


© Copyright 2021 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 2021-10-18T00:05:25.723.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446