254 & 256-258 Pearl Street Burlington, Vermont 05401 MLS# 4994688
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$1,444,000 List Price
Multi Type
6 Beds
5 Baths
6,056 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Burlington
Downtown Mixed-Use Property
Downtown mixed-use property with 2 buildings on 2 separate lots being sold as a package. Building 1 is a mixed-use property with a well-established dental office on the first floor and two 2-bedroom apartments on the second floor. The walk-up attic with impressive vaulted ceiling offers potential. Located right next to Pearl Street Beverage with plenty of parking spaces. Building 2 is a single-family home with 1,780 sq. ft., 2 bedrooms, 2 updated full bathrooms, attached garage, nice yard, and parking.
Property Location
254 & 256-258 Pearl Street Burlington
Property Details
MLS# 4994688 | Bedrooms 6 | Garage Size 2 Car |
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List Price 1,444,000 | Total Bathrooms 5 | Year Built 1899 |
Type Multi-Family | Lot Size 0.3100 Acres | Taxes $25,524 |
Units 4 | Stories 1/2/1900 | Road Frontage |
Annual Income $106,140 | Style | Water Frontage |
Annual Expenses $0 | Finished 6,056 Sqft | Construction No, Existing |
Zoning RM | Above Grade 6,056 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date May 8th, 2024 |
Gross Income $106,140 | Operating Expenses $0 | Net Income $69,346 |
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Expenses Includes |
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Unit 1 2 Beds, 2 Baths, $2,900/Monthly | Unit 2 0 Beds, 1 Baths, $3,345/Monthly |
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Unit 3 2 Beds, 1 Baths, $1,300/Monthly | Unit 4 2 Beds, 1 Baths, $1,300/Monthly |
Construction |
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BasementInterior, Unfinished |
Interior Features |
Exterior Features |
Exterior | Disability Features |
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Foundation Brick, Stone | House Color |
Floors | Building Certifications |
Roof Slate | HERS Index |
DirectionsPortfolio property is on Pearl Street between Greene Street and North Union Street. |
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Lot Description |
Garage & Parking Yes |
Road Frontage | Water Access |
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Driveway Paved | Water Type |
Flood Zone Unknown | Water Body |
Zoning RM |
School District Burlington School District | Middle |
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Elementary | High |
Heat Fuel | Excluded |
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Heating/Cool None, Steam, Hot Air | Negotiable |
Sewer Public | Parcel Access ROW |
Water | ROW for Other Parcel |
Water Heater | Financing |
Cable Co | Documents |
Electric Circuit Breaker | Tax ID 114-035-15888 & 15889 |
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