Listing Courtesy of:
IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Associate Name: Amey Ryan
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!
Listed By
Agency Name: IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Agent Name: Amey Ryan
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,933.21 per month $1,221.84 Principal & Interest $551.25 Property Tax $160.13 Homeowner's Insurance
2337 Vt Route 7 | MLS# 5089982
This multi-family property located at 2337 Vt Route 7, Middlebury, VT 05753 is currently listed for sale with an asking price of $549,000. Vt Route 7 is located within the Addison Central school district. Search Middlebury real estate on www.masiellogrouprealestate.com today.