156 Park Street Burlington, Vermont 05401 MLS# 4334434

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Sold Status

$425,500 Sold Price

Multi Type

4 Beds

4 Baths

1,920 Sqft

Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106
Sold By Kell and Company
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156 Park Street

Outstanding 4-plex Investment Unit located in a prime Burlington downtown area. Fully rented with tenants paying gas & electric; landlord pays water/sewer & trash. 4 off-street parking spaces. (3) one bedroom apartments and (1) studio apartment make rentals easy. Building has been wonderfully maintained and updated including siding/paint, windows, apartment cosmetics, heating and hot water systems. Strong numbers with likely room for improvement. Current on all state and city compliances. A very solid Burlington investment that will not last long. †

Property Location

156 Park Street Burlington

Property Details

Sold Price  $425,500 Sold Date  Mar 31st, 2014
MLS#  4334434 Bedrooms  4 Garage Size  0 Car
List Price  425,000 Total Bathrooms  4 Year Built  1899
Type  Multi-Family Lot Size  0.0500 Acres Taxes $7,356
Units  4 Stories  1/2/1900 Road Frontage  120
Annual Income  $37,836 Style  Other Water Frontage  
Annual Expenses  $16,111 Finished  1,920 Sqft Construction  No, Existing
Zoning   Res - Med Den Above Grade  1,920 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jan 29th, 2014
Gross Income  $37,836 Operating Expenses  $16,111 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $0/Mo
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
Basement, No Tenant Access, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Stone House Color  Olive
Floors  Tile, Vinyl, Laminate, Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsPearl Street to N. Champlain Street, left on Poplar Street, left on Park Street. Corner of Myrtle and Park Streets. No sign. Olive Building.
Lot Description, Near Bus/Shuttle
Garage & Parking  No, Off Street, 4 Parking Spaces
Road Frontage  120 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res - Med Den
School District  Burlington School District Middle  Lyman C. Hunt Middle School
Elementary  Choice High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  Wall AC Units, Wall Units, Vented Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  No
Water Heater  Gas-Natural, Rented Financing  , Conventional
Cable Co  BT Documents  Other, Lease Agreements, Deed
Electric  Circuit Breaker Tax ID  114-035-14
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† The remarks published on this webpage originate from Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106 via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.