1480 North Avenue Burlington, Vermont 05408 MLS# 4950392

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Under Contract Status

$475,000 List Price

Multi Type

4 Beds

3 Baths

1,724 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue
1480 North Avenue

New North End Triplex

Don't miss this New North End investment opportunity with a triplex on a large corner lot with beautiful mature trees. Offering desirable and spacious 1 and 2 bedroom units with hardwood floors. Tenants love the large yard. Separate utilities and plenty of parking including a 2-car garage. Close to local shopping center, restaurants, Leddy Park, town beaches, and bike path, plus just minutes to downtown Burlington.

Property Location

1480 North Avenue Burlington

Property Details

Contract Date  May 26th, 2023
MLS#  4950392 Bedrooms  4 Garage Size  2 Car
List Price  475,000 Total Bathrooms  3 Year Built  1930
Type  Multi-Family Lot Size  0.1800 Acres Taxes $8,653
Units  3 Stories  2 Road Frontage  180
Annual Income  $34,500 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  1,724 Sqft Construction  No, Existing
Zoning   LD Above Grade  1,724 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Apr 28th, 2023
Gross Income  $34,500 Operating Expenses  $0 Net Income  $17,714
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $910/Monthly Unit 2   2 Beds, 1 Baths, $1,075/Monthly
Unit 3   1 Beds, 1 Baths, $890/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl, Clapboard Disability Features  
Foundation  Concrete House Color  Yellow
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsProperty on the corner of North Avenue and Cayuga Court.
Lot Description, Corner, City Lot
Garage & Parking  Yes, ,
Road Frontage  180 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  LD
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-10817