Building Details

Year Built 1881

Year Renovated 2019

Tenancy Multi

Listing Agency: Champlain Valley Properties

Listed By: Heather Foster-Provencher Show Phone

Source: Sugarbushrealestate

Added: Mar 26 Changed: Sep 4 Last Checked: Sep 4 at 10:52AM

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Investment Insights

Based on property information with market context.

This well-maintained three-unit residential property offers a practical income setup with private entrances for each unit. Each unit includes laundry, separate utilities, and additional storage, supporting day-to-day convenience for tenants. Two units were renovated in 2019 with modern updates while retaining Vermont character, and the overall property is described as in good condition.

Located just minutes from downtown Middlebury in Addison County, the property benefits from a quiet, scenic setting with quick access to local shops and restaurants. It also provides an easy commute to Burlington, making it convenient for residents who need to travel for work or services. Ample on-site parking and outdoor space are additional features that support tenant comfort.

For buyers seeking a turn-key multi-unit option, the current configuration—each unit separately metered with private entry, laundry, and storage—can simplify operations and reduce tenant friction. With all units currently rented, the property is positioned to support an investor or owner-operator who wants to purchase a maintained residential income asset with a desirable local setting and established tenant utility arrangements.

Key Highlights

• Three‑unit property built in 1881, well maintained
• Two units renovated in 2019 with modern updates while retaining Vermont character
• Each unit features private entrance, in‑unit laundry, and separate utilities

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Garden Center Veterinary Clinic Home Appliance Store Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 05456, VT

1,137

Population

472

Households

2.4

Avg Household Size

49

Median Age

50%

College-Educated

97%

High-School Grad

23.0 sq mi

ZIP Area

49

Density / Sq Mi

$138,214

Median Household Income

$61,641

Median Earnings

$1,569

Median Rent

$419,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Triplex - Three well-maintained units with private entrances, in-unit laundry, separate utilities, and on-site parking.

Where is this triplex located?

The property is located at 474 Dog Team Road New Haven, VT.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Three‑unit property built in 1881, well maintained; Two units renovated in 2019 with modern updates while retaining Vermont character; Each unit features private entrance, in‑unit laundry, and separate utilities