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Great opportunity to own a 4-unit apartment building in convenient Burlington location. Three of the apartments have been updated with newer windows. 4, 2-bedroom units under current market rents. Excellent potential for cash flow increases. Wonderful location with everything needed close by; within minutes to beautiful Lake Champlain, Battery Park and short distance to I-89, UVM Medical Center, and downtown Burlington. †
Property Location
123 North Champlain Street Burlington
Property Details
List Price 815,000
Bedrooms 8
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1990
MLS# 5046666
Lot Size 0.18 Acres
Taxes $14,950
Type Multi-Family
Days on Market 33 Days
Tax Year 2024
Units 4
Stories 2
Road Frontage 44
Annual Income $72,000
Style
Water Frontage
Annual Expenses $0
Finished 3,120 Sqft
Construction No, Existing
Zoning Res/Med Density
Above Grade 1,560 Sqft
Seasonal No
Total Rooms 8
Below Grade 1,560 Sqft
List Date Jun 13th, 2025
Gross Income $72,000
Operating Expenses $0
Net Income $47,789
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,600/Monthly
Unit 2 2 Beds, 1 Baths, $1,200/Monthly
Unit 3 2 Beds, 1 Baths, $1,600/Monthly
Unit 4 2 Beds, 1 Baths, $1,600/Monthly
Construction
BasementInterior, Concrete
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color Brown
Floors Vinyl, Laminate
Building Certifications
Roof Shingle
HERS Index
Directions
Lot Description
Garage & Parking No, Off Street
Road Frontage 44
Water Access
Driveway Gravel
Water Type
Flood Zone No
Water Body
Zoning Res/Med Density
School District NA
Middle
Elementary
High
Heat Fuel , Natural Gas, Monitor Type
Excluded
Heating/Cool None
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co Choice
Documents
Electric Fuses
Tax ID 114-035-14785
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† The remarks published on this webpage originate from Listed By Brian French of Brian French Real Estate 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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