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Listing courtesy of PRIME_MLS / Sarah Peluso / IPJ Real Estate / Cell: 802-349-8695

44-48 Merchants

Middlebury, VT 05753

– beds
– baths
4,716 sqft
3,485 sqft lot
$286 per sqft
1900 build
– on site

A versatile residential and commercial property right in downtown Middlebury with great views of both the town green and river for someone who wants convenient downtown living and working, while earning income from additional apartments and small businesses! The owners did major renovations on the entire building including all new wiring, plumbing, new natural gas heating system, new roof, and flooring. The main level of the building works great as a commercial/office space, and includes a full kitchen, 2-3 offices, 3/4 bath and large gathering room. The second and third floors have been turned into a lovely 2-4 bedroom residential apartment. Hardwood floors fill the living and kitchen areas, with windows overlooking the river to the south. A bedroom and 3/4 en suite bath are on this floor as well, with washer and dryer. A separate section is delineated with sliding barn doors can be a second bedroom on this level or office/sitting room. A 3 season porch on the front of the building overlooks the town green to enjoy year round activities! The third floor has two spaces- it could be a bedroom and sitting room, or two separate bedrooms. The lower level has its own entrance, and is a sweet two bedrooom apartment. Fully renovated, it has exposed stone on several walls that adds to the charm, an eat in kitchen that is open to the living space and a 3/4 bath. If that's not enough space, there is a one room commercial space that currently houses a barber shop!

Listing courtesy of PRIME_MLS / Sarah Peluso / IPJ Real Estate / Cell: 802-349-8695

Last checked: Checking… • Last updated May 23, 2025 •

MLS# 5042652 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Clapboard Exterior, Stucco Exterior, Wood Exterior
Architectural Style:

Freestanding
Roof:

Rolled, Shingle - Asphalt
Foundation:

Brick, Concrete, Stone
Total Stories:

3
Total Units:

4
Approx SqFt Total:

5073
Approx SqFt Total Finished:

4,716 Sqft
Approx SqFt Finished Above Grade:

3,833 Sqft
Approx SqFt Finished Below Grade:

883 Sqft
Approx SqFt Unfinished Above Grade Source:

Measured
Approx SqFt Unfinished Below Grade:

357
Approx SqFt Finished Building Source:

Measured
Approx SqFt Unfinished Building Source:

Estimated
Approx SqFt Finished Above Grade Source:

Measured
Road Frontage Type:

Paved, Public

Interior

Flooring:

Hardwood, Laminate, Tile, Vinyl
Basement:

Yes
Basement Description:

Apartments, Concrete Floor, Finished, Full, Insulated, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access
Basement Access Type:

Walkout
Room 5 Type:

Owner Occupied

Room Dimensions

Room 16 Dimensions:

Barbershop/Studio
Room 18 Dimensions:

Office/3 BR
Room 19 Dimensions:

3 Bedroom APT

Location

Directions:

In downtown Middlebury, turn up Merchants Row (One-Way), 44-48 Merchants Row is on the right directly after the Battell Block building. Building is off-white with stucco siding.
Latitude:

44.013539000000002
Longitude:

-73.167361999999997

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

Major Road Frontage, In Town, Near Shopping, Near Public Transportatn, Near Railroad
Lot SqFt:

3,485 Sqft
Lot Acres:

0 Sqft
Zoning:

CB
Exterior Features:

Fence - Full
Road Frontage:

Yes
Road Frontage Length:

65 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$12,363.50

Beds

Bedrooms - Level 4:

11
Total 2 Bedroom Units:

1

Baths

Total Full Baths:

4
Three Quarter Baths:

2
Half Baths Size:

14 Sqft
Unit 1 Baths:

2
Unit 2 Baths:

2

The Listing

Unbranded Tour URL:

Virtual Tour
Unbranded Tour URL 2:

https://my.matterport.com/show/?m=AnT5RGgmgd8
Price Per SqFt:

286.26
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Natural Gas
Fuel Company:

Vermont Gas

Utilities

Utilities:

Cable - At Site, Gas - On-Site
Separate Utilities:

Yes
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Gas Meters:

3
Total Electric Meters:

5
Trash:

Tenant
Cable Company:

Xfinity

Appliances

Appliances:

Water Heater – Heat Pump, Water Heater – Off Boiler
Total Refrigerators:

3

Schools

Elementary School:

Mary Hogan School
Middle Or Junior School:

Middlebury Union Middle #3
High School:

Middlebury Senior UHSD #3
School District:

Addison Central

The Community

Covenants:

No
Assessment Amount:

458400

Extra Units

Unit 1 Rooms:

9
Unit 1 Bedrooms:

3
Unit 1 Approx SqFt:

1,640 Sqft
Unit 2 Bedrooms:

3
Unit 2 Approx SqFt:

1953
Total 3+ BR Units:

2
Unit 3 Style:

Apartment
Unit 3 Rooms:

5
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 3 Approx SqFt:

883 Sqft
Unit 4 Baths:

1
Unit 1 Info:

Appliances Included, Dishwasher, Heat - Natural Gas, Range - Electric, Refrigerator
Unit 2 Info:

Appliances Included, Dishwasher, Dryer, Primary BR w/ BA, Range - Electric, Refrigerator, Washer
Unit 3 Info:

Dishwasher, Heat - Natural Gas, Range - Electric, Refrigerator

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
5/23/25 May 23, 2025	Listed / Active	PRIME_MLS	$1,350,000

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This multifamily located in Middlebury, VT 05753 is currently for sale for $1,350,000. 44-48 Merchants is a 4,716 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Middlebury Union Middle School, Middlebury Union High School, and Mary Hogan Elementary School.

Listing Courtesy of: PRIME_MLS and IPJ Real Estate.

Copyright 2025 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.