1174 North Avenue Burlington, Vermont 05408 MLS# 4870634

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Sold Status

$525,000 Sold Price

Multi Type

7 Beds

5 Baths

3,504 Sqft

Listed By William Kell of Kell and Company
Sold By EXP Realty
✉ 🖶

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1174 North Avenue

4 unit mixed use property in Burlington's New North End. A long standing and successful commercial business provides as the perfect anchor tenant plus 3 residential apartments with good rental history. Excellent location with great visibility. Plenty of off street parking for 8-10 cars. Neighborhood Activity Center zoning offers the potential for greater density and lot coverage. Situated on the bus line across from Ethan Allen shopping center, Hannaford's and Leddy Park. A solid investment opportunity in the thriving North End of Burlington. †

Property Location

1174 North Avenue Burlington

Property Details

Sold Price  $525,000 Sold Date  Sep 10th, 2021
MLS#  4870634 Bedrooms  7 Garage Size   Car
List Price  525,000 Total Bathrooms  5 Year Built  1946
Type  Multi-Family Lot Size  0.1700 Acres Taxes $0
Units  4 Stories  1/2/1900 Road Frontage  50
Annual Income  $60,000 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,504 Sqft Construction  No, Existing
Zoning   NAC Above Grade  3,264 Sqft Seasonal  No
Total Rooms  7 Below Grade  240 Sqft List Date  Jul 6th, 2021
Gross Income  $60,000 Operating Expenses  $0 Net Income  $35,531
Expenses Includes 
Unit 1   0 Beds, 1 Baths, 1,200 SqFt, $0/Mo Unit 2   2 Beds, 1 Baths, 500 SqFt, $0/Monthly
Unit 3   3 Beds, 1 Baths, 800 SqFt, $0/Monthly Unit 4   2 Beds, 2 Baths, 600 SqFt, $0/Monthly
ConstructionWood Frame
BasementWalk-up, Storage Space, Finished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Concrete House Color  white
Floors   Building Certifications  
Roof  Shingle-Architectural HERS Index  
Directions
Lot DescriptionUnknown, City Lot
Garage & Parking  No, ,
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  NAC
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent, Electric Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented, Gas-Natural Financing  
Cable Co   Documents  Property Disclosure, Deed
Electric  Circuit Breaker Tax ID  114-035-12795
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† The remarks published on this webpage originate from Listed By William Kell of Kell and Company 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.