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INVEST AND SAVE! Reap the benefits of owning this 4 unit multi family home in Burlington. This property offers great rental opportunities with a 3 bedroom, 2 bedroom and two 1 bedroom units. The two first floor units have the convenience of a shared laundry room. All new laminate flooring just installed! Also included adding great value is a second lot and per City Planning with potential to build another 4 unit building with approximately 55 feet of frontage on Intervale. Buyer to confirm with city. Enjoy the income and also the convenience to downtown Burlington, Winooski, UVM, Bus Route, Lake Champlain and so much more! †
Property Location
122 124 Intervale Avenue Burlington
Property Details
Contract Date May 20th, 2025
List Price 799,900
Bedrooms 7
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1899
MLS# 5014007
Lot Size 0.18 Acres
Taxes $12,961
Type Multi-Family
Days on Market 285 Days
Tax Year 2024
Units 4
Stories 2
Road Frontage 114
Annual Income $77,652
Style
Water Frontage
Annual Expenses $0
Finished 3,088 Sqft
Construction No, Existing
Zoning R3
Above Grade 3,088 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Sep 11th, 2024
Gross Income $77,652
Operating Expenses $0
Net Income $56,390
Expenses Includes
Unit 1 3 Beds, 1 Baths, $2,421/Monthly
Unit 2 1 Beds, 1 Baths, $1,050/Monthly
Unit 3 1 Beds, 1 Baths, $1,200/Monthly
Unit 4 2 Beds, 1 Baths, $1,800/Monthly
Construction
BasementInterior, Concrete
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color
Floors Tile, Carpet, Laminate
Building Certifications
Roof Other, Membrane
HERS Index
Directions
Lot Description, Level
Garage & Parking No, 1-10 Spaces, Paved, Off Street
† The remarks published on this webpage originate from Listed By Shannon Marcelino of The Marcelino Team via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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