138 North Champlain Street Burlington, Vermont 05401 MLS# 5028980

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Under Contract Status

$575,000 List Price

Multi Type

5 Beds

3 Baths

1,359 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800

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Lipkin Audette
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Burlington

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ONE Burlington Duplex!

Recently renovated downtown Burlington duplex featuring a low-maintenance, private yard - a touch of greenery in the heart of the city! Downstairs unit features 3 bedrooms, 2 remodeled bathrooms, nice hardwood floors, and washer/dryer in-unit. Upstairs offers 2 bedrooms and a full remodeled bathroom. Open living room/kitchen with vaulted ceilings and washer/dryer in-unit. A smart turn-key investment in Burlington!

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱

Property Location

138 North Champlain Street Burlington

Property Details

Essentials

Contract Date Feb 21st, 2025
List Price 575,000	Bedrooms 5	Garage Size Car
Cooperation Fee 2.5%	Total Bathrooms 3	Year Built 1905
MLS# 5028980	Lot Size 0.07 Acres	Taxes $8,410
Type Multi-Family	Days on Market 37 Days	Tax Year 2024
Units 2	Stories 2	Road Frontage
Annual Income $60,900	Style	Water Frontage
Annual Expenses $0	Finished 1,359 Sqft	Construction No, Existing
Zoning RM	Above Grade 1,359 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date Feb 10th, 2025

Expenses

Gross Income $60,900	Operating Expenses $0	Net Income $46,975

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 2 Baths, $2,905/Monthly	Unit 2 2 Beds, 1 Baths, $2,170/Monthly

Building

Construction
BasementInterior, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation Stone	House Color
Floors	Building Certifications
Roof Slate	HERS Index

Property

DirectionsFrom intersection of Battery Street & Pearl Street, take Pearl Street, then left onto North Champlain Street, home on right just before North Street.
Lot Description, Sidewalks
Garage & Parking No

Road Frontage	Water Access
Driveway Paved	Water Type
Flood Zone Unknown	Water Body
Zoning RM

Schools

School District Burlington School District	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool None, Hot Air	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 114-035-14805

✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.