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Unique investment opportunity in up-and-coming Old North End just blocks from Battery Park, waterfront and downtown Burlington. This Duplex offers a fully rented 3 bedroom unit plus a 4 bedroom unit in front ready for some updating. Seller is leaving recently purchased new cabinets, counters and sinks to update the kitchen and bathroom. Both units are bright and sunny and offer sufficient storage. Washer/dryer in back unit. Plenty of off-street parking, separate utilities. New roof in 2014. Perfect for an owner-occupant or investor!
Property Location
15-17 Peru Street Burlington
Property Details
Sold Price $300,000
Sold Date Feb 15th, 2017
MLS# 4609063
Bedrooms 7
Garage Size Car
List Price 315,000
Total Bathrooms 2
Year Built 1899
Type Multi-Family
Lot Size 0.0800 Acres
Taxes $6,051
Units 2
Stories 2
Road Frontage 33
Annual Income $42,000
Style Duplex
Water Frontage
Annual Expenses $11,487
Finished 1,889 Sqft
Construction No, Existing
Zoning RH
Above Grade 1,889 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Nov 15th, 2016
Gross Income $42,000
Operating Expenses $11,487
Net Income $30,513
Expenses Includes
Unit 1 4 Beds, 1 Baths, $0/Mo
Unit 2 3 Beds, 1 Baths, $1,500/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Stone
House Color White
Floors Vinyl, Carpet, Laminate, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom bottom of Pearl Street, take North Champlain Street, then right onto Peru Street, property on right.
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