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Listed by Ray Fortier, KW Vermont
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 --- Collect both rents totaling $27,600 plus per year. - 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 himself. Each unit has two legal bedrooms and a full bath with approximately 1000 square feet each--The upstairs unit was recently renovated. Downstairs unit has large covered porch. Large lot with plenty of room for a garden. Plenty of room for parking. Current owner has maintained all the systems. Lead paint and Essential Maintence Programs are up to date. Both units have been fully rented for years. Tenants are on month to month and require 60 days notice if buyer wants to occupy.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 15, 2021.

 

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