Centrally located two-unit residential property within walking distance of downtown Middlebury, local shops, restaurants, and both the elementary and high schools. This property offers flexibility for a variety of uses, with one unit currently vacant--providing an opportunity for owner-occupancy while generating rental income from the second unit to help offset expenses. It presents a practical option for a first-time buyer looking to build equity while reducing monthly carrying costs. Many recent improvements make this a comfortable, move-in ready option without the need for immediate work. Mini-splits in each unit provide cooling during the summer months, along with an efficient supplemental heat source for the changing seasons. Set on a manageable village lot with a detached two-car garage, the property is well-suited for those looking to enjoy in-town living with convenient access to daily amenities, or for investors seeking a steady, well-located asset.
Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses
Taxes: $6,317
Income
Gross Income | $36,000
NetIncome | $20,388
Appliances : Natural Gas Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Cape | Farmhouse | New Englander
Floors | Stories: 1.75
No. Elevators:
Total Sq.Ft. Finished: 2808
Above Grade Sq.Ft.: 1872
Basement: Concrete | Concrete Floor | Full | Sump Pump | Unfinished | Interior Access
Exterior Color: Cream
Roof: Metal
Seasonal: No
Heating: Baseboard | Mini Split
Cooling: Mini Split
Electric: 200+ Amp Service
Trash: Cans | Curbside | Owner |
Utilities: Cable at Site | Gas On-Site | Telephone at Site | Underground Utilities | Phone
Electric Meters: 1
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
Neighbor Business | Sidewalks | In Town | Near Shopping | Near School(s)
Lot size: 0.28 acres
Zoned: Bus Dist/Village/Mixed)
Surveyed: Unk
Flood Zone: No
Road Frontage: 72
Driveway: Gravel