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115-117 North Union Street Burlington, Vermont 05401Property Closed

$785,000 Price
Multi Type
6 Beds
4 Baths
3,156 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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Property Location

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Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Burlington

Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Multi-Family Home

For over a century this beautifully detailed Victorian with large carriage barn has stood out as one of the best examples of quality craftsmanship in Burlington. Built in 1882 by Edward Booth the manager of Booth Lumber Company, the intricate woodwork and details remain and have been lovingly preserved inside and out. Nowadays, the property consists of 3 apartments with two 1 bedroom apartments and one 4 bedroom unit. Tenants love the beautiful hardwood floors, tall ceilings, classic claw foot tubs, bright spacious rooms, covered porches and ample parking. Blocks from downtown shopping and restaurants, medical center, and colleges. Located in the Opportunity Zone, with potential to add additional units. Invest in Burlington today!

Insights Exclusive Data

Listing Status  ClosedContract Date  05/24/2019
Days on Market  Closing Date  06/28/2019
Original Price  $785,000Closing Price  $790,000
Property ID  044-3-207-000Span  114-035-15190

Essentials

MLS#  4751723Bedrooms  6Garage Size   Car
List Price  785,000Total Bathrooms  4Year Built  1882
Type  Multi-FamilyLot Size  0.3600 AcresTaxes $11,699
Units  3Stories  2Road Frontage  
Annual Income  $73,800Style  VictorianWater Frontage  
Annual Expenses  $22,980Finished  3,156 SqftConstruction  No, Existing
Zoning   RMAbove Grade  3,156 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  May 13th, 2019

Expenses

Total Expenses  $22,980Insurance  $2,501
Water & Sewer  $1,204Taxes  $11,699
Trash  $684Miscellaneous  $330
Maintenance  $1,500 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   1 Beds, 1 Baths, $1,200/Monthly Unit 2   1 Beds, 1 Baths, $1,900/Other
Unit 3   4 Beds, 2 Baths, $2,800/Monthly

Building/Construction

ConstructionWood Frame
BasementInterior, Unfinished, Full, Storage Space
Interior Features
Exterior Features
Exterior  Wood SidingDisability Features  
Foundation  StoneHouse Color  Green
Floors  Vinyl, Carpet, HardwoodBuilding Certifications  
Roof  Slate HERS Index  

Property

Lot DescriptionUnknown, City Lot
Garage & Parking  No, , , 6+ Parking Spaces, Off Street
Road Frontage  Water Access  
Driveway  Paved, DirtWater Type  
Flood Zone  UnknownWater Body  
Zoning  RM

Schools

School District  Burlington School DistrictMiddle  Assigned
Elementary  AssignedHigh  Burlington High School

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Hot WaterNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  TankFinancing  
Cable Co  Documents  
Electric  Circuit BreakerTax ID  114-035-15190
DirectionsFrom Pearl Street in Burlington, head North on North Union Street past Loomis Street, and the property is on the left.
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