NOT LISTED FOR SALE

426 E Main St Middlebury, VT 05753

5 Beds
2 Baths
2,304 Sq Ft
10,454 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $447,500 $194 Per Sq Ft

514 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 81 Feet of Waterfront
  • Deck
  • Middlebury Union High School Rated 9+
  • Solar Power System
  • 1-minute walk to Harold Curtiss Recreation Park

About This Home

As of August 2023

Come see this very well-kept Multi Family home located in a beautiful location along the Middlebury River. This 2 unit property features an attached two car garage, off street parking with 2 driveways and solar panels installed on roof. The first-floor, recently updated unit, is light and bright and offers a lovely kitchen/dining room, laundry area and hardwood floors through most of the unit. The second-floor unit has hardwood floors through most of the unit, contains two bedrooms, a large open living room dining room area, an enclosed porch plus a deck with amazing views of the river. Soak in the views and sounds of the river as well as the beautiful gardens that have been professionally maintained. This property’s location is not only beautiful but also convenient to Middlebury College, Middlebury Gorge, Snow Bowl Ski Area, Rikert Nordic Skiing and the iconic Waybury Inn from the Newhart show. Enjoy the natural wonders of Middlebury, skiing, snowshoeing, hiking, fishing and so much more.

Last Agent to Sell the Property

Don Marcelino

The Marcelino Team License #081.0002250 Listed on: 02/23/2022

Last Buyer's Agent

Beth Stanway

IPJ Real Estate License #081.0125256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • 81 Feet of Waterfront
  • River Front
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Attic Fan

Flooring

  • Wood
  • Laminate
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Deck

Schools

  • Mary Hogan Elementary School
  • Middlebury Union Middle #3
  • Middlebury Senior Uhsd #3 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $19,471
  • Gross Income $63,396
  • Net Operating Income $43,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,186

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: At Court Square in Middlebury head East then turn right onto US-7S/Court St and go approximately 3.7 miles then take a left onto Route 125E, property is 1 mile out on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 194.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2904
  • Sq Ft - Apx Total Finished: 2304
  • Power Production Type: Photovoltaics
  • Year Built: 1920
  • Remarks Public: Come see this very well-kept Multi Family home located in a beautiful location along the Middlebury River. This 2 unit property features an attached two car garage, off street parking with 2 driveways and solar panels installed on roof. The first-floor, recently updated unit, is light and bright and offers a lovely kitchen/dining room, laundry area and hardwood floors through most of the unit. The second-floor unit has hardwood floors through most of the unit, contains two bedrooms, a large open living room dining room area, an enclosed porch plus a deck with amazing views of the river. Soak in the views and sounds of the river as well as the beautiful gardens that have been professionally maintained. This property’s location is not only beautiful but also convenient to Middlebury College, Middlebury Gorge, Snow Bowl Ski Area, Rikert Nordic Skiing and the iconic Waybury Inn from the Newhart show. Enjoy the natural wonders of Middlebury, skiing, snowshoeing, hiking, fishing and so much more.
  • Power Production Ownership: Seller Owned
  • List Agent: 22785
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2304
  • Sq Ft - Apx Unfinished BG: 600

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Features Exterior: Deck
  • Water Body Type: River
  • Water Frontage Length: 81
  • Water Restrictions: Unknown
  • Water Body Name 2: Middlebury River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Metal, Septic
  • Water: Public, Purifier/Soft
  • Water Heater: Gas - Natural, Off Boiler, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Gas Heater
  • Cooling: Attic Fan
  • Electric Company: GMP
  • Phone Company: Verizon
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Owner
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Addison School District
  • Elementary School: Mary Hogan School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • Elementary School: Mary Hogan School
  • High School: Middlebury Senior UHSD #3

Lot Info

  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: River, River Frontage
  • Row Parcel Access: Unknown
  • Row To Other Parcel: Unknown
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 238
  • Deed Page: 365
  • Deed Recorded Type: Quit Claim

Green Features

  • Green Power: Solar

Multi Family

  • Gross Income: 63396
  • Net Income: 43992
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 21-22
  • Tax Gross Amount: 6186.42
  • Tax Year: 2022

MLS Schools

  • School District: Addison School District
  • School Middle Jr: Middlebury Union Middle #3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $447,500 -18.5% $194 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $549,000 -3.2% $238 / Sq Ft
02/23/2023 02/23/23 For Sale $567,000 +26.7% $246 / Sq Ft
02/23/2023 02/23/23 Off Market $447,500 -- --
08/05/2022 08/05/22 Price Changed $567,000 -3.4% $246 / Sq Ft
04/15/2022 04/15/22 For Sale $587,000 0.0% $255 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $587,000 -- $255 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4898955

PrimeMLS

APN: (120) 031016.000