10 Russell Street Burlington, Vermont 05401

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Under Contract Status
$550,000 List Price
Multi Type
5 Beds
2 Baths
2,275 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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Burlington Duplex

Rare opportunity to own one of only a handful of properties on this one-way street just moments from Pomeroy Park and Momo's Market. This large duplex offers a 2-bedroom apartment on the first floor with access to the basement, plus a bright and sunny 3-bedroom unit upstairs with attic storage. Both offer hardwood floors, ample kitchens, private laundry, plus tenants pay their own utilities. Potential for owner-occupier and great upside on rents. Some off-street parking. Tenants enjoy easy access to colleges, UVM Medical Center, downtown, and Winooski.

Property Location

Property Details

Contract Date  Mar 20th, 2023
MLS#  4944232 Bedrooms  5 Garage Size   Car
List Price  550,000 Total Bathrooms  2 Year Built  1915
Type  Multi-Family Lot Size  0.0500 Acres Taxes $8,207
Units  2 Stories  2 Road Frontage  44
Annual Income  $44,400 Style  Duplex, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,275 Sqft Construction  No, Existing
Zoning   RM Above Grade  2,275 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Feb 28th, 2023
Gross Income  $44,400 Operating Expenses  $0 Net Income  $31,137
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,650/Monthly Unit 2   3 Beds, 1 Baths, $2,050/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl, Clapboard Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsNorth Willard Street to Charles Street, continue onto Russell Street. Property will be second from the end on the left - one way street.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  44 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15621