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Listed by Tanner Faucett of Element Real Estate
Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1899
  • Building ConstructionWood Frame
  • StyleDuplex
  • Units2
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • # of 3+ Bedrooms2
  • Bathroom2
  • Total Baths2
  • BasementDirt Floor
  • FoundationBrick, Stone

Basic Information

  • StatusACT
  • List Price$599,000
  • Date Price Change10/17/2023
  • MLS Number4974446
  • MLS StatusActive

Property

  • Acreage0.06
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet2,005
  • APX Fin AG Sqft2,005
  • Road Frontage34
  • RoadsPaved, Public
  • AreaIn Town, Near Public Transportatn

Amenities

  • Exterior AmenitiesBalcony, Fence - Partial, Garden Space
  • PricePerSqFt298.75

Other

  • Taxes$9,305.44
  • Tax Year Notes2023-2024
  • Seasonal Y/NNo
  • TrashCans, Curbside
  • Date Listed10/17/2023
  • Date Showings Begin2023-10-20
  • Unit 1 Deposit$3,000
  • View Count3

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningNeighborhood - Mixed Use
  • High SchoolBurlington High School
  • Flood Zone Y/NUnknown

Interior

  • FloorsCarpet, Laminate, Vinyl

Exterior

  • ExteriorWood
  • RoofMembrane, Shingle - Asphalt
  • Exterior ColorGreen

Utilities

  • Heat FuelGas - Natural
  • Heat SystemDirect Vent
  • WaterPublic
  • Water HeaterGas - Natural, Owned, Tank
  • ElectricCircuit Breaker(s), On-Site
  • SewerPublic
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available

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Copyright 2023 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 November 30, 2023 3:40 PM EST

 

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