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161-167 Elmwood Avenue Burlington, Vermont 05401

$999,000 Price
Multi Type
11 Beds
6 Baths
4,035 Sqft

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

Previous photosNext photos
161-167 Elmwood Avenue161-167 Elmwood Avenue
Street sideStreet side
161-165 Elmwood Avenue161-165 Elmwood Avenue
167 Elmwood Avenue167 Elmwood Avenue
Classic Tin CeilingClassic Tin Ceiling
Updated KitchensUpdated Kitchens
Bright BedroomsBright Bedrooms
Stainless AppliancesStainless Appliances
Beautiful Bay WindowBeautiful Bay Window
Hardwood FloorsHardwood Floors
LargeLarge
Rear of 4 UnitRear of 4 Unit
Looking Upwards!Looking Upwards!
Great Downtown ApartmentsGreat Downtown Apartments
Off-Street ParkingOff-Street Parking
Front PorchFront Porch
Rear EntranceRear Entrance

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Call: (802) 863-8816
NMLS# 49592

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Burlington

Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Turn Key Portfolio 7% + Cap Rate

Two renovated investment properties totaling 6 gorgeous units with hardwood floors, bright rooms, and an ideal Old North End location. The 4-Unit - a re-inspired store front features classic tin ceilings, updated kitchens, and a range of unit configurations. The Duplex next door offers big bay windows, classic woodwork that combines seamlessly with modern touches throughout. In addition to separate utilities, all tenants enjoy off street parking in a superb downtown location. Make a strong investment in Burlington!

Essentials

MLS#  4765671Bedrooms  11Garage Size   Car
List Price  999,000Total Bathrooms  6Year Built  1899
Type  Multi-FamilyLot Size  0.1300 AcresTaxes $17,892
Units  6Stories  2Road Frontage  
Annual Income  $102,120Style  Duplex, Multi-FamilyWater Frontage  
Annual Expenses  $0Finished  4,035 SqftConstruction  No, Existing
Zoning   NMU/RMAbove Grade  4,035 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Jul 18th, 2019

Expenses

Total Expenses  $0Insurance  $0
Water & Sewer  $0Taxes  $0
Trash  $0Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   1 Beds, 1 Baths, $950/Monthly Unit 2   3 Beds, 1 Baths, $1,785/Monthly
Unit 3   1 Beds, 1 Baths, $975/Monthly Unit 4   1 Beds, 1 Baths, $1,450/Monthly
Unit 5   3 Beds, 1 Baths, $1,850/Monthly Unit 6   2 Beds, 1 Baths, $1,500/Monthly

Building/Construction

ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior  Wood SidingDisability Features  
Foundation  StoneHouse Color  Grn/Prpl
Floors  Vinyl, WoodBuilding Certifications  
Roof  Membrane, Slate HERS Index  

Property

Lot DescriptionUnknown, City Lot
Garage & Parking  No, ,
Road Frontage  Water Access  
Driveway  Paved, Common/SharedWater Type  
Flood Zone  UnknownWater Body  
Zoning  NMU/RM

Schools

School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Hot Water, Radiators, Space HeaterNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  TankFinancing  
Cable Co  Documents  
Electric  Circuit BreakerTax ID  114-035-15002 and (03)
DirectionsFrom Pearl Street, head North on Elmwood Avenue. Just North of intersection with North Street, the properties are green and purple and on the left.
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