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Do not miss this well-cared for 4-Unit in great Burlington neighborhood just a few blocks from University of Vermont and hospital. The building offers two 2-bedroom units and two 1-bedroom apartments with separate utilities. One unit formerly owner-occupied for many years, this building has been very well-maintained over the years. Plenty of off-street parking plus the 2-level Carriage Barn in back offers tons of storage options. Tenants love the location, just minutes to downtown, colleges and waterfront.
Property Location
129 Loomis Street Burlington
Property Details
Sold Price $549,000
Sold Date Feb 19th, 2019
MLS# 4727939
Bedrooms 6
Garage Size 1 Car
List Price 549,000
Total Bathrooms 4
Year Built 1899
Type Multi-Family
Lot Size 0.1300 Acres
Taxes $12,318
Units 4
Stories 1/2/1900
Road Frontage 52
Annual Income $53,700
Style Multi-Family
Water Frontage
Annual Expenses $21,035
Finished 2,921 Sqft
Construction No, Existing
Zoning RL
Above Grade 2,921 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date Nov 15th, 2018
Gross Income $53,700
Operating Expenses $21,035
Net Income $32,665
Expenses Includes
Unit 1 1 Beds, 1 Baths, $900/Monthly
Unit 2 2 Beds, 1 Baths, $1,200/Monthly
Unit 3 2 Beds, 1 Baths, $1,250/Monthly
Unit 4 1 Beds, 1 Baths, $875/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Stone
House Color Yellow
Floors Vinyl, Carpet, Tile
Building Certifications
Roof Slate
HERS Index
DirectionsHead North on North Willard Street past Pearl Street. Turn right on Loomis Street. 129 is on the right, across from Weston Street.
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