26-28 Drew Street Burlington, Vermont 05401 MLS# 4816323

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Sold Status

$500,000 Sold Price

Multi Type

4 Beds

4 Baths

3,200 Sqft

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

26-28 Drew Street

Check out this 4-Unit apartment building in the western part of the Old North End neighborhood just a couple blocks from Waterfront Park, Battery Park and the bike path. All 1 (plus!) bedroom units with flexible floor plans including den/offices and dining rooms in addition to kitchens and living rooms. Significant upside to rents, tenants pay heat and electric, some off-street parking, cozy fenced yard. Easy access to downtown, Lake Champlain, colleges and hospital.

Property Location

26-28 Drew Street Burlington

Property Details

Sold Price  $500,000 Sold Date  Nov 12th, 2020
MLS#  4816323 Bedrooms  4 Garage Size   Car
List Price  510,000 Total Bathrooms  4 Year Built  1920
Type  Multi-Family Lot Size  0.0800 Acres Taxes $9,586
Units  4 Stories  2 Road Frontage  
Annual Income  $44,000 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  3,200 Sqft Construction  No, Existing
Zoning   RM Above Grade  3,200 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jul 13th, 2020
Gross Income  $44,000 Operating Expenses  $0 Net Income  $24,333
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $0/Mo
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Brick, Stone House Color  White
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Membrane HERS Index  
DirectionsFrom North Avenue, turn onto North Street, left onto Drew Street, building on right.
Lot Description, City Lot
Garage & Parking  No, , , 2 Parking Spaces, Parking Spaces 2
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co  Burlington Telecom Documents  Property Disclosure, Other, Deed
Electric  Circuit Breaker Tax ID  114-035-14350
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