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Great downtown location with many new renovations including kitchens, appliances, flooring, repainting. Loads of parking, washer/dryer, dishwasher, range and refrigerator in each apartment. Seller offering $8100 to purchaser at closing. Current Annual Gross Income is $123,900 - CAP RATE 8.8%. Projected AGI of $126,000 CAP RATE of 9%. CLA for details. †
Property Location
113-117 Maple Street Burlington
Property Details
Sold Price $1,064,000
Sold Date Feb 22nd, 2012
MLS# 4054092
Bedrooms 15
Garage Size 0 Car
List Price 1,200,000
Total Bathrooms 6
Year Built 1900
Type Multi-Family
Lot Size 0.1900 Acres
Taxes $7,983
Units 6
Stories 3
Road Frontage 50
Annual Income $0
Style Other
Water Frontage
Annual Expenses $18,219
Finished 5,578 Sqft
Construction Existing
Zoning RM
Above Grade 5,578 Sqft
Seasonal No
Total Rooms 15
Below Grade 0 Sqft
List Date Apr 6th, 2011
Gross Income $0
Operating Expenses $18,219
Net Income $123,900
Expenses Includes
Unit 1 2 Beds, 1 Baths, 940 SqFt, $1,400/Mo
Unit 2 3 Beds, 1 Baths, 920 SqFt, $1,400/Mo
Unit 3 3 Beds, 1 Baths, 920 SqFt, $2,025/Mo
Unit 4 2 Beds, 1 Baths, 920 SqFt, $1,400/Mo
Unit 5 3 Beds, 1 Baths, 920 SqFt, $0/Mo
Unit 6 2 Beds, 1 Baths, 940 SqFt, $0/Mo
ConstructionWood Frame
BasementFull, Unfinished
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Stone
House Color
Floors Carpet,Laminate,Vinyl
Building Certifications
Roof Shingle-Asphalt
HERS Index
Directions
Lot DescriptionNear Bus/Shuttle
Garage & Parking 11-20 Spaces
Road Frontage 50
Water Access
Driveway Crushed Stone, Gravel
Water Type
Flood Zone No
Water Body
Zoning RM
School District NA
Middle Edmunds Middle School
Elementary Edmunds Elementary School
High Burlington High School
Heat Fuel Gas-Natural
Excluded
Heating/Cool Baseboard, Hot Water
Negotiable
Sewer Community
Parcel Access ROW
Water Community
ROW for Other Parcel No
Water Heater Gas-Natural
Financing Conventional
Cable Co
Documents
Electric Circuit Breaker
Tax ID 11403517164
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† The remarks published on this webpage originate from Listed By Charles C. Burns of BHHS Vermont Realty Group/Burlington via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.