2337 Vt Route 7,Middlebury, VT 05753
Middlebury, VT 05753
Description
Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 private office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for three of these office spaces currently brings in $1200 and could be even more if rents were adjusted for market rates and the two, currently empty, other offices were rented. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!
Details
| MLS # | 5089982 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1900 |
| Days On Site | 142 |
| Listing Provided By | IPJ Real Estate | Amey M Ryan |
Features
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Agricultural Rural (AR) |
| Acreage | 0.48 |
Interior
| Cooling | Mini Split |
|---|---|
| Heating | Natural Gas, Electric, Forced Air, Heat Pump, Hot Air, Wall Furnace |
| Appliances | Natural Gas Water Heater, Owned Water Heater |
Exterior
| Exterior Features | Partial Fence, Garden, Natural Shade, Porch, Covered Porch, Shed, Storage |
|---|---|
| Roof | Corrugated, Other, Asphalt Shingle |
| Construction Materials | Vinyl Siding |
| Foundation Details | Poured Concrete, Stone |
| Lot Features | Landscaped, Level, Neighbor Business |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Driveway, Garage, Off Street, On Site, Paved, Unassigned, Visitor |
Utilities
| Utilities | Phone Connected |
|---|---|
| Electric | 200+ Amp Service, Circuit Breakers |
| Sewer | 1000 Gallon, Concrete, Leach Field, On-Site Septic Exists, Private, Septic Tank |
Taxes
| Tax Annual Amount | 6721.5 |
|---|---|
| Tax Assessed Value | 248200 |
| Tax Year | 2026 |
| Tax Year Notes | 2026-2027 |
Area Information
| State | VT |
|---|---|
| County | Addison |
| City | Middlebury |
| Zip Code | 05753 |
| Area | VT Addison |
| School District | Addison Central |
| Elementary School | Mary Hogan School |
| High School | Middlebury Senior UHSD #3 |
| Listing VS Median (in 05753) | |
Price: $489,000 low | high Med: $0 On site: 142 low | high Med: | |
Market Activity 05753
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Learn More About This Property
| State | VT |
|---|---|
| County | Addison |
| City | Middlebury |
| Zip Code | 05753 |
| Area | VT Addison |
| School District | Addison Central |
| Elementary School | Mary Hogan School |
| High School | Middlebury Senior UHSD #3 |
| Listing VS Median (in 05753) | |
Price: $489,000 low | high Med: $0 On site: 142 low | high Med: | |