Middlebury, VT | 2337 VT Route 7

$549,000
MLS#: 5089982
3
# of Units
1,960
Total Sq. Feet
0.48
Acres
$6,616
Taxes
1 of 50

General Property Information

Price:
$549,000
County:
VT-Addison
Acres:
0.48
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
Amey Ryan
IPJ Real Estate

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 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. 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!

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
180
Acres:0.48
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
1
# of Electric Meters:
1
Sq Ft (Above Ground):
1960
Sq Ft (Below Ground):
0
Total Sq Ft:
1960
Land Description:Landscaped,Level,Neighbor Business
Elementary School:
Mary Hogan School
Middle School:
Middlebury Union Middle #3
High School:
Middlebury Senior UHSD #3
Financing Details:
Documents Available:
Deed,Property Disclosure,Septic Report

Unit Information

Unit 1

#Rooms:
7
#Bedrooms:
0
#Baths:
1
Sq. Ft.:
0
Floor:
1 & 2
Unit Style:
Offices
Monthly Rent:
1575.00

Unit 2

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Studio Apt
Monthly Rent:
1150.00

Unit 3

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
2
Unit Style:
Monthly Rent:
1400.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-05-20
Last Updated:

Morrisville Office

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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