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Burlington Hill Section 4-unit apartment building just a few blocks from University of Vermont Medical Center. Well-maintained and updated throughout – the owners take great pride in providing high-quality housing to tenants. You’ll find a large 3-bedroom unit on the main floor, a 2-bedroom and 1-bedroom unit on the second floor plus a 2-bedroom apartment on the third floor. All feature upgraded kitchens and baths. Two units have their own private laundry, while the others use the common coin-op washer/dryer in clean basement. Separate utilities and ample off-street parking. The two-bay garage is separately rented for additional income. Tenants love the convenient location near colleges, Interstate 89, downtown and waterfront.
Property Location
173-175 Loomis Street Burlington
Property Details
Sold Price $1,010,000
Sold Date Oct 9th, 2020
List Price 1,010,000
Bedrooms 8
Garage Size 2 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1910
MLS# 4824112
Lot Size 0.17 Acres
Taxes $17,834
Type Multi-Family
Days on Market 2132 Days
Tax Year 2020
Units 4
Stories 3
Road Frontage
Annual Income $87,360
Style Apartment Building
Water Frontage
Annual Expenses $0
Finished 3,559 Sqft
Construction No, Existing
Zoning RLD
Above Grade 3,559 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date Aug 21st, 2020
Gross Income $87,360
Operating Expenses $0
Net Income $59,340
Expenses Includes
Unit 1 3 Beds, 1 Baths, $2,295/Monthly
Unit 2 2 Beds, 1 Baths, $1,595/Monthly
Unit 3 1 Beds, 1 Baths, $1,395/Monthly
Unit 4 2 Beds, 1 Baths, $1,695/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Storage Space
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Brick, Stone
House Color Tan
Floors Bamboo, Tile, Hardwood
Building Certifications
Roof Shingle
HERS Index
DirectionsFrom Main Street, turn north onto South Willard Street, past Pearl Street, right onto Loomis Street, property on right closer to North Prospect.
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