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Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

Listing Sold by Coldwell Banker Hickok and Boardman
Well-located downtown Burlington 3-unit apartment building with off street parking. Offering one 4-bedroom unit and two 1-bedroom units. Many recent updates, separate utilities, and laundry on site. Investors will appreciate the strong cap rate, fully occupied. Tenants love living three blocks to Church Street Marketplace and the Lake Champlain Waterfront, plus easy access to colleges, hospital, and the South End Arts District, businesses, and restaurants. Invest in Burlington!

More Info

Tax Information

  • Tax Year2022

Building

  • Year Built1930
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms4
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • # of 1 Bedrooms2
  • # of 3+ Bedrooms1
  • BasementUnfinished
  • FoundationBrick, Stone

Basic Information

  • StatusSLD
  • List Price$695,000
  • Date Price Change11/18/2022
  • MLS Number4937389
  • MLS StatusClosed
  • Sale Date04/20/2023

Exterior

  • ExteriorClapboard
  • RoofSlate

Utilities

  • Heat FuelGas - Natural
  • Heat SystemElectric, Hot Air
  • WaterPublic
  • Water HeaterOwned
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesHigh Speed Intrnt -Avail

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRH
  • Flood Zone Y/NUnknown

Property

  • Acreage0.13
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet2,560
  • APX Fin AG Sqft2,560
  • Road Frontage32
  • RoadsPublic

Amenities

  • PricePerSqFt271.48

Other

  • Taxes$9,971.44
  • Tax Year Notes2022-2023
  • Seasonal Y/NNo
  • Date Listed11/18/2022
  • Unit 1 Deposit$2,800
  • Unit 2 Rent Amount$1,275
  • Unit 3 Rent Amount$1,450
  • View Count8

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Copyright 2024 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. Data last updated April 16, 2024 10:53 PM EDT

 

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