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$ Principal & Interest
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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...
Wonderful investment opportunity on Lakeview Terrace with Lake Champlain and Adirondack views! Mix of studios, 1, and 2-bedroom units all with separate utilities plus full basement with laundry and storage for tenants. Well-maintained building with lots of updates throughout. Tons of off-street parking. Tenants love their porches and the outdoor space with shared yard. Just a few blocks from Battery Park, the waterfront, and bike path plus easy access to Church Street, colleges, and hospital. Large lot offers some redevelopment potential.
Garage Size Car
List Price 1,250,000
Total Bathrooms 7
Year Built 1899
Lot Size 0.2300 Acres
Road Frontage 50
Annual Income $97,020
Annual Expenses $0
Finished 3,882 Sqft
Construction No, Existing
Above Grade 3,882 Sqft
Total Rooms 9
Below Grade 0 Sqft
List Date Oct 11th, 2021
Gross Income $97,020
Operating Expenses $0
Net Income $59,979
Unit 1 2 Beds, 1 Baths, $1,475/Monthly
Unit 2 1 Beds, 1 Baths, $1,100/Monthly
Unit 3 1 Beds, 1 Baths, $925/Monthly
Unit 4 1 Beds, 1 Baths, $1,000/Monthly
Unit 5 2 Beds, 1 Baths, $1,300/Monthly
Unit 6 1 Beds, 1 Baths, $1,150/Monthly
Unit 7 1 Beds, 1 Baths, $1,135/Monthly
BasementWalk-up, Concrete Floor
Exterior Wood, Clapboard
House Color Green
DirectionsTake a left off of North Ave onto Berry street, then another left onto Lakeview Terrace. Turn into the second driveway on your left, the building awaits at end of the spacious driveway.
Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10-25-2021.