Middlebury Vermont Real Estate

This home is currently a 2-family rental, but has been a single-family residence in the past. Converting it back would not be difficult. It could also work well as a home that has an extra unit for extended family. There are 2 kitchens and 2 washer and dryer hook ups, but new owner could take out a kitchen if not needed. The tenants are both planning to be out by July1, 2025. The house has been well maintained. The large yard is fabulous with lots of room for all kinds of outdoor activities, and a beautiful garden area with established rhubarb bed and raspberry bushes. Combine that with lovely Green Mountain views and you have a lovely property!

Close to town - check! Income generating - check! Plenty of parking - check! Versatile building - check! Relatively easy maintenance - check! This three unit investment property cash flows with the current rents and there is potential to expand on this property and create more housing units. The 1/2 acre, in town, lot is in the Residential 12 zoning district and could likely accommodate another structure with town approvals (not yet obtained but see documents on listing showing zoning information). The main floor office space consists of a private office, a conference room, reception area, kitchen, bathroom and storage room and has direct access to the basement. Accessible by a ramp on the front of the building. The 2nd floor apartment has a living room, bathroom, kitchen, and office/br. The ADU, which was recently completed, is a studio apartment with an elevated "loft" style bedroom, living/kitchen area, 3/4 bath with a combo washer/dryer set up and a deck! There is more than enough parking and the basement can also be accessed by a bulkhead from the outside for maintenance and tenant access. The town of Middlebury is in dire need of rental apartments and this is a highly desirable location.

OWN A PIECE OF HISTORY ON MAIN STREET IN MIDDLEBURY! Commercial building in the heart of downtown Middlebury comprises a vibrant retail store, Buy Again Alley, an architect's office, a one bedroom apartment, two studio apartments, and a space opening onto Frog Alley in the rear that has been used as an office and retail space. With nearly 5,000 square feet, the options are numerous. Renovation will be needed. Superb location in the midst of a thriving business district with Middlebury College less than a quarter mile away. This is a building worthy of significant investment for a lifetime of income. Potential to increase the number of residential units.

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!