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Listed by Amey Ryan of IPJ Real Estate

Listing Sold by Coldwell Banker Hickok and Boardman
Join the real estate trend and invest in a two unit, residential property right in Middlebury! Close proximity to shopping, schools, trails (biking, hiking, walking) and so much more. Easy access on a main road makes this location ideal for its occupants to be able to get to work/school anytime of year. Formerly home to an insurance business, the property was converted to a duplex around 2011 and has been rented ever since. There is plenty of parking behind the building and a grassy lawn to the north with room for a garden. The basement is accessible from the 1st floor unit and from the exterior bulkhead. There is a large attic above the 2nd floor unit - perhaps an opportunity to expand the living space for that unit?! Both leases are due to expire at the end of July giving a new owner an opportunity to bring the rents into line with current market pricing. There is some exterior maintenance needed and some bulkhead work needed - priced accordingly.

Property Details of 85 Court Street

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 October 6, 2022 12:10 PM EDT.

 

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