List Price: $549,000 | $280 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday May 20, 2026 | MLS# 5089982



Address: 2337 VT Route 7 Middlebury VT
Listed by Amey Ryan IPJ Real Estate Cell: 802-989-8156
Description:
Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!
Sale Includes : Furnishings

Annual Expenses

Taxes: $6,616
Income
Appliances : Natural Gas Water Heater | Owned Water Heater

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 1
Level: 1
Info : Appliances Included,CO Detector,Dishwasher,Dryer,Furnished,Heat Included,Microwave,Porch,Electric Range,Refrigerator,Smoke Detector,Washer
Rent : 1150.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 1
Level: 2
Info : Appliances Included,CO Detector,Furnished,Heat Included,Microwave,Electric Range,Refrigerator,Smoke Detector,Window Treatments
Rent : 1400.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

Construction: Vinyl Siding
Year Built: 1900
Style: Farmhouse
Floors | Stories: 1.5
No. Elevators:
Total Sq.Ft. Finished: 3168
Above Grade Sq.Ft.: 1960
Basement: Bulkhead | Concrete Floor | Crawl Space | Dirt Floor | Full | Interior Stairs | Sump Pump | Exterior Access
Exterior Color: Beige
Roof: Corrugated | Other | Asphalt Shingle
Seasonal: No
Heating: Natural Gas | Electric | Forced Air | Heat Pump | Hot Air | Wall Furnace
Cooling: Mini Split
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Telephone at Site
Electric Meters: 1
Gas_Meters: 1
Water: Metered | Public
Sewer: 1000 Gallon | Concrete | Leach Field | On-Site Septic Exists | Private | Septic
Land Information
Landscaped | Level | Neighbor Business
Lot size: 0.48 acres
Zoned: Agricultural Rural (AR))
Surveyed: No
Flood Zone: No
Road Frontage: 180
Driveway: Paved
Additional Information
Docs Available : Deed | Property Disclosure | Septic Report
Taxes $6,616
Assesed Value Not Reported
Schools
School District: Addison Central
Elementary School: Mary Hogan School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3

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