171 Lyman Avenue Burlington, Vermont - Sold in 2020

171 Lyman Avenue Burlington, Vermont 05401 MLS# 4825470

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Sold Status

$569,900 Sold Price

Multi Type

6 Beds

3 Baths

2,756 Sqft

Listed By Brian French of Brian French Real Estate
Sold By Ridgeline Real Estate
✉ 🖶

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171 Lyman Avenue

Wonderful 3-unit in popular south end location. Well maintained with hardwood floors and coin operated laundry in basement. Cellar has Tri-State waterproof system. Over the years, 3rd floor apt has had all new wiring, electric, appliances, flooring and shower stall. 2nd floor has had kitchen remodeled with newer base cabinets, dishwasher, microwave and refrigerator. Also insulation in attic ceiling and weatherization throughout building. Fire safety inspection has already been completed. This is a great building with below market rents. Group showings to begin September 1. †

Property Location

171 Lyman Avenue Burlington

Property Details

Sold Price  $569,900 Sold Date  Oct 30th, 2020
List Price  569,900 Bedrooms  6 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1900
MLS#  4825470 Lot Size  0.18 Acres Taxes $11,648
Type  Multi-Family Days on Market  2126 Days Tax Year 2020
Units  3 Stories  3 Road Frontage  50
Annual Income  $50,421 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,756 Sqft Construction  No, Existing
Zoning   Res Above Grade  2,756 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Aug 28th, 2020
Gross Income  $50,421 Operating Expenses  $0 Net Income  $29,127
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,000 SqFt, $1,650/Monthly Unit 2   2 Beds, 1 Baths, 1,000 SqFt, $1,550/Monthly
Unit 3   1 Beds, 1 Baths, 700 SqFt, $1,025/Monthly
ConstructionWood Frame
BasementWalk-up, Full
Interior Features
Exterior Features
Exterior  Aluminum Disability Features  
Foundation  Brick, Stone House Color  White
Floors  Vinyl, Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom rotary south on Shelburne Road past car dealership, right onto Lyman Ave, House 1/2 way down on left.
Lot Description, City Lot
Garage & Parking  Yes, , , Assigned, 5 Parking Spaces
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Res
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co  Comcast Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-19890
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† The remarks published on this webpage originate from Listed By Brian French of Brian French Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.