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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$549,000

MLS# 5089982
1960 sq.ft. Bedroom | 0 Bathroom
Multi Family
2337 VT Route 7 Middlebury VT 		 
$549,000 | $280 per sq.ft. | MLS# 5089982 A 3  Unit Multi Family Home, 2337 VT Route 7 Middlebury VT With 2 - One Bedroom Units

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! Appliances : Natural Gas Water Heater | Owned Water Heater

Sale Includes : Furnishings

Annual Expenses
Taxes: $6,616 		    Income
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
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Vinyl Siding | Exterior Color Beige | Price Per SQ.FT. 280.10 | Year Built: 1900
 LAND DESCRIPTION: LOT DESCRIPTION: Landscaped | Level | Neighbor Business
Avail.Sq.Ft.: 2
Livable Space: 1960
Above Grade Sq.Ft.: 1960
Below Grade Sq.Ft.: 0
Heating: Natural Gas | Electric | Forced Air | Heat Pump | Hot Air | Wall Furnace
Cooling: Mini Split
Electric: 200+ Amp Service | Circuit Breaker(s)
Style: Farmhouse
Roof: Corrugated | Other | Asphalt Shingle
Water: Metered | Public
Sewer: 1000 Gallon | Concrete | Leach Field | On-Site Septic Exists | Private | Septic
Lot size: 0.48 acres
Zoned: Agricultural Rural (AR)
Surveyed: No
Flood Zone: No
Seasonal: No
Road Frontage: 180
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Deed | Property Disclosure | Septic Report
Taxes $6,616  | Assesed Value $248,200 in 2019
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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15 Buck Rd. Hanover, NH 03755 603-643-3942

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