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Listed by Amanda Headley of Ridgeline Real Estate
Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1899
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 StyleFlat
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 StyleMulti-Level
  • Unit 3 Total Rooms5
  • # of 2 Bedrooms3
  • Bathroom3
  • Total Baths3
  • BasementCrawl Space, Partial, Unfinished
  • FoundationBlock

Basic Information

  • StatusACT
  • List Price$659,000
  • Date Price Change09/19/2024
  • MLS Number5015105
  • MLS StatusActive

Property

  • Acreage0.04
  • Parking Spaces
  • Square Feet1,772
  • APX Fin AG Sqft1,772
  • Road Frontage35
  • RoadsPublic

Amenities

  • Exterior AmenitiesPorch
  • PricePerSqFt371.9

Other

  • Taxes$8,891.84
  • Seasonal Y/NNo
  • Date Listed09/19/2024
  • Unit 1 Deposit$1,675
  • Unit 2 Rent Amount$1,950
  • Unit 3 Rent Amount$1,538
  • View Count10

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRes
  • High SchoolBurlington High School
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Vinyl

Exterior

  • RoofShingle - Asphalt

Utilities

  • Heat FuelGas - Natural
  • Heat SystemMonitor Type
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesOther

Map Location

Driving Directions

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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 October 9, 2024 12:23 AM EDT

 

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