Sue Walsh
BHHS Vermont Realty Group/Middlebury
(802) 392-2832
68 Total Sales
6 in Middlebury
$266K - $747K Price Range
84 Benedict Ln Middlebury, VT 05753
Middlebury AreaEstimated Value: $2,564,434
Studio
--
Baths
8,832
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- 0.96 Acre Lot
- Wood Flooring
- High Speed Internet
- Middlebury Union High School Rated 9+
- Door to Door Trash Pickup
- Heating Available
About This Home
As of December 2021Unique 13 unit apartment complex located at Chipman Park in the center of Middlebury. Three separate buildings consisting of a mix of 1, 2 & 3 bedroom apartments. This turn-key opportunity for the smart investor yields an attractive cap rate, low maintenance buildings and excellent occupancy history. Owned and impeccably maintained by the current owner for over 40 years. This is a rare opportunity to purchase this complex that is located just off the Middlebury College campus and blocks to the center of Town. Solid CAP rate and never any vacancy.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,295
Year Built
- Built in 1964
Lot Details
- 41,818 Sq Ft Lot
- Lot Sloped Up
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 8,832 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
- Vinyl
Basement
- Interior Basement Entry
- Basement Storage
Parking
- Dirt Driveway
- Paved Parking
Utilities
- Heating Available
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
Building Details
- Operating Expense $31,915
- Gross Income $208,620
- Net Operating Income $176,704
Additional Features
- 13 Units
- Door to Door Trash Pickup
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2021
Closed on
Dec 1, 2021
Sold by
Estate Of Helen Frost Reynolds
Bought by
Seller's Agent
Kara Koptiuch
Vermont Real Estate Company
Buyer's Agent
Jill Fraga
The Real Estate Company of Vermont, LLC
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,434
Avg. Annual Appreciation
6.05%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Middlebury, VT
-
Sue Walsh
-
Voyo Savich
Voyo Savich
KW Vermont
(802) 392-2366
36 Total Sales
1 in Middlebury
$300,000 Price
-
Jacob Barnes
Jacob Barnes
EXP Realty
(802) 755-3173
96 Total Sales
1 in Middlebury
$440,000 Price
-
Levi Doria
Levi Doria
IPJ Real Estate
(860) 499-4119
33 Total Sales
4 in Middlebury
$425K - $542K Price Range
-
Amey Ryan
Amey Ryan
Responds QuicklyIPJ Real Estate
(802) 771-2713
231 Total Sales
80 in Middlebury
$95K - $1.2M Price Range
-
Beth Stanway
Beth Stanway
IPJ Real Estate
(802) 898-8669
142 Total Sales
55 in Middlebury
$138K - $1.1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | $2,000,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $2,000,000 | -13.0% | $226 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $2,300,000 | -- | $260 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,901 | $801,000 | $196,000 | $605,000 |
| 2024 | $21,603 | $801,000 | $196,000 | $605,000 |
| 2023 | $19,168 | $801,000 | $196,000 | $605,000 |
| 2022 | $19,170 | $801,000 | $196,000 | $605,000 |
| 2021 | $19,295 | $801,000 | $196,000 | $605,000 |
| 2020 | $19,089 | $801,000 | $196,000 | $605,000 |
| 2019 | $0 | $801,000 | $196,000 | $605,000 |
| 2018 | $17,630 | $619,000 | $216,800 | $402,200 |
| 2017 | $6,505 | $619,000 | $216,800 | $402,200 |
| 2016 | $6,505 | $619,000 | $216,800 | $402,200 |
| 2015 | -- | $6,190 | $0 | $0 |
| 2014 | -- | $6,190 | $0 | $0 |
| 2013 | -- | $6,190 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Koptiuch
Seller's Agent in 2021
Kara Koptiuch
Vermont Real Estate Company
(802) 238-6878
205 Total Sales
-
Bryce Gilmer
Seller Co-Listing Agent in 2021
Bryce Gilmer
Vermont Real Estate Company
(802) 578-7002
65 Total Sales
-
Jill Fraga
Buyer's Agent in 2021
Jill Fraga
The Real Estate Company of Vermont, LLC
(802) 999-6143
68 Total Sales
Map
Source: PrimeMLS
MLS Number: 4875516
APN: 387-120-11314
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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.
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