Middlebury, VT | 44-48 Merchants Row

$1,350,000
MLS#: 5042652
4
# of Units
4,716
Total Sq. Feet
0.08
Acres
$12,364
Taxes
1 of 42

General Property Information

Price:
$1,350,000
County:
VT-Addison
Acres:
0.08
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
Sarah Peluso
IPJ Real Estate

A versatile residential and commercial property right in downtown Middlebury with great views of both the town green and river for someone who wants convenient downtown living and working, while earning income from additional apartments and small businesses! The owners did major renovations on the entire building including all new wiring, plumbing, new natural gas heating system, new roof, and flooring. The main level of the building works great as a commercial/office space, and includes a full kitchen, 2-3 offices, 3/4 bath and large gathering room. The second and third floors have been turned into a lovely 2-4 bedroom residential apartment. Hardwood floors fill the living and kitchen areas, with windows overlooking the river to the south. A bedroom and 3/4 en suite bath are on this floor as well, with washer and dryer. A separate section is delineated with sliding barn doors can be a second bedroom on this level or office/sitting room. A 3 season porch on the front of the building overlooks the town green to enjoy year round activities! The third floor has two spaces- it could be a bedroom and sitting room, or two separate bedrooms. The lower level has its own entrance, and is a sweet one bedrooom apartment. Fully renovated, it has exposed stone on several walls that adds to the charm, an eat in kitchen that is open to the living space and a 3/4 bath. If that's not enough space, there is a one room commercial space that currently houses a barber shop!

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
65
Acres:0.08
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
3
# of Electric Meters:
5
Sq Ft (Above Ground):
3833
Sq Ft (Below Ground):
883
Total Sq Ft:
4716
Land Description:Major Road Frontage,In Town,Near Shopping,Near Public Transportatn,Near Railroad
Elementary School:
Mary Hogan School
Middle School:
Middlebury Union Middle #3
High School:
Middlebury Senior UHSD #3
Financing Details:
Documents Available:
Aerials

Unit Information

Unit 1

#Rooms:
9
#Bedrooms:
0
#Baths:
2
Sq. Ft.:
1640
Floor:
One
Unit Style:
Office/3 BR
Monthly Rent:
3100.00

Unit 2

#Rooms:
11
#Bedrooms:
3
#Baths:
2
Sq. Ft.:
1953
Floor:
2/3
Unit Style:
3 Bedroom APT
Monthly Rent:
3500.00

Unit 3

#Rooms:
4
#Bedrooms:
4
#Baths:
1
Sq. Ft.:
883
Floor:
Basement
Unit Style:
One Bedroom Apartment
Monthly Rent:
2000.00

Unit 4

#Rooms:
2
#Bedrooms:
0
#Baths:
1
Sq. Ft.:
240
Floor:
1st
Unit Style:
Barbershop/Studio
Monthly Rent:
800.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-05-23
Last Updated:

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

Ask About this Property
Your Name:


Your Email Address:


Message: