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Ray & Debbie Fortier
Coldwell Banker 
Bill Beck Real Estate

20 Seymour Street, PO Box 541
Middlebury, VT 05753
Debbie Cell: 802-377-9973
Ray Cell: 802-377-8202
Email: 802ray@gmail.com
Email: debbiefortier@gmail.com
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$249,000 For Sale

36 Seymour Street
Middlebury, VT 05753

2 units | Multi Family Home
14810 sq ft - MLS# 4715584
Property Photo
1/19

Description

It's all about the location---walking distance to all the amenities downtown Middlebury has to offer. Excellent Investor returns----- Live in one unit and collect rent on the other to help pay your mortgage --this property qualifies for FHA financing with 3 1/2 % down payment--and 75% of the other units rent will be added to your income to help qualify-- Or collect both rents totaling $27,600 plus per year. Conventional investor financing is available with a 15% down payment. Check out the ROI Worksheet-- The current operating expenses are $9000 which includes property taxes, water, sewage, lawn care, snow removal and trash pickup. Tenants pay for all other utilities and services. Owner currently does a lot of the small maintenance items. Each unit has three bedrooms and a full bath with approximately 950 square feet --upstairs unit recently renovated. Downstairs unit has large covered porch. Large lot with plenty of room for a garden.

Features

  • Area Description: Commercial Zoning, In Town, Near Shopping, Near Public Transportatn, Near Railroad
  • Basement: Dirt Floor, Stairs - Interior, Unfinished, Interior, Yes
  • Baths: 2
  • Cable Company: Comcast
  • Color: White
  • Construction: Insulation-Fiberglssbatt, Wood Frame
  • Construction Status: Existing
  • Cooling: Wall Ac Units
  • County/Area: Addison County
  • Delayed Showing: No
  • Driveway: Crushed Stone
  • Electric: 100 Amp
  • Electric Company: Gmp
  • Elementary School: Middlebury Id #4 School
  • Expenses - Insurance: 977
  • Expenses - Maintenance: 500
  • Expenses - Miscellaneous: 750
  • Expenses - Snow: 300
  • Expenses - Taxes: 4548
  • Expenses - Trash: 700
  • Expenses - Water: 750
  • Exterior: Vinyl Siding
  • Features - Exterior: Deck, Garden Space, Porch - Covered, Windows - Double Pane, Windows - Storm
  • Flooring: Carpet, Laminate, Tile, Wood
  • Foundation: Stone
  • Fuel Company: Vt Natural Gas
  • Full Baths: 2
  • Gross Income: 27600
  • Heat Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Electric, Gas Heater - Vented, Hot Water
  • High School: Middlebury Senior Uhsd #3
  • Listing Status: Active
  • Lot - Sqft: 14810
  • Lot Description: Corner
  • Lot Size: 0.3400
  • Middle School: Middlebury Union Middle #3
  • Parking: Driveway, On-Site, Parking Spaces 4, Visitor
  • Property Type: Multi Family Home
  • Road Frontage: Yes
  • Road Frontage Size: 200
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt, Slate
  • School District: Addison Northeast
  • Sewer: Public
  • Sq.Ft.: 2048
  • Sqft-Apx Fin Above Grade: 2048
  • Sqft-Apx Fin Ag Source: Municipal
  • Sqft-Apx Fin Bg Source: Municipal
  • Sqft-Apx Total: 2573
  • Sqft-Apx Unfn Ag Source: Municipal
  • Sqft-Apx Unfn Below Grade: 525
  • Sqft-Apx Unfn Bg Source: Municipal
  • Stories: 2
  • Style: Apartment Building, Multi-Family
  • Sub Type: Multi-Family
  • Tax - Gross Amount: 4548.42
  • Tax Year: 2018
  • Total 2 Br Units: 2
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Owner, Private, Recycle
  • Unit 1 Apx Sqft: 1000
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Info: Appliances Included, Co Detector, Deck, Electric, Heat - Natural Gas, Hot Water, Laundry Hookup, Mud
  • Unit 1 Rooms: 7
  • Unit 1 Style: Apartment
  • Unit 2 Apx Sqft: 1000
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 3
  • Unit 2 Info: Appliances Included, Co Detector, Dryer, Electric, Heat, Hot Water, Laundry Hookup, Range - Electric
  • Unit 2 Rooms: 7
  • Unit 2 Style: Apartment Recen Renovated
  • Units: 2
  • Water: Public
  • Water Heater: Electric, Owned, Separate
  • Year Built: 1875
  • Zip Code: 05753
  • Zoning: Commercial/residential

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