22 Orchard Terrace Burlington, Vermont 05401 MLS# 4992296

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For Sale Status

$769,000 List Price

Multi Type

6 Beds

3 Baths

2,434 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Burlington

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Burlington Duplex

Well-located Burlington duplex with 3 bedrooms each, 1st-floor unit offers 1.5 baths. Fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, and off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy access to colleges and hospital.

Property Location

22 Orchard Terrace Burlington

Property Details

MLS#  4992296 Bedrooms  6 Garage Size  2 Car
List Price  769,000 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.1100 Acres Taxes $13,703
Units  2 Stories  1/2/1900 Road Frontage  50
Annual Income  $77,400 Style   Water Frontage  
Annual Expenses  $0 Finished  2,434 Sqft Construction  No, Existing
Zoning   RH Above Grade  2,434 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Apr 22nd, 2024
Gross Income  $77,400 Operating Expenses  $0 Net Income  $57,715
Expenses Includes 
Unit 1   3 Beds, 2 Baths, $3,200/Monthly Unit 2   3 Beds, 1 Baths, $3,000/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsBuell Street to Orchard Terrace. Property is on right, third from the end.
Lot Description
Garage & Parking  Yes, Detached
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15525
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