174-176 Intervale Burlington, Vermont 05401 MLS# 4502478

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Sold Status

$315,000 Sold Price

Multi Type

5 Beds

2 Baths

1,904 Sqft

Listed By Aaron Chiaravelotti of KW Vermont
Sold By KW Vermont
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Burlington

174-176 Intervale

Well maintained Burlington duplex being offered for sale. Two spacious apartments with a 3 bedroom, 1 bath and another 2 bedroom, 1 bath unit. 2015 gross income $31,800 and net operating income at $23,907 puts this home at an 7% cap rate! Easy access to Church Street, Lake Champlain, parks, schools and the bus line. Great off street parking and back yard area. Two large back decks for each unit and a large basement and unfinished attic space for storage. Possibly live for free while the other units pays your mortgage!

Property Location

174-176 Intervale Burlington

Property Details

Sold Price  $315,000 Sold Date  Oct 11th, 2016
MLS#  4502478 Bedrooms  5 Garage Size  0 Car
List Price  329,900 Total Bathrooms  2 Year Built  1902
Type  Multi-Family Lot Size  0.1100 Acres Taxes $5,388
Units  2 Stories  2 Road Frontage  
Annual Income  $0 Style  Other, Duplex Water Frontage  
Annual Expenses  $7,893 Finished  1,904 Sqft Construction  No, Existing
Zoning   residential Above Grade  1,904 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Jul 5th, 2016
Gross Income  $0 Operating Expenses  $7,893 Net Income  $25,800
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,008 SqFt, $1,000/Mo Unit 2   2 Beds, 1 Baths, 896 SqFt, $1,150/Mo
ConstructionOther
BasementWalk-up, Unfinished, Bulkhead, Full, Exterior Stairs
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Disability Features  1st Floor 3/4 Bathrm, 1st Floor Bedroom, 1st Flr Hard Surface Flr
Foundation  Concrete, Stone House Color  
Floors  Vinyl, Laminate Building Certifications  
Roof  Shingle-Other HERS Index  
DirectionsFrom Pearl St, north on Elmwood Ave, at 5-way intersection with North St take a slight right onto Intervale Ave, property almost at end on right, just before intersection with Riverside and Oak.
Lot DescriptionCity Lot
Garage & Parking  No, 3-5 Spaces, Off Street, On Site
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  residential
School District  NA Middle  
Elementary   High  
Heat Fuel  Gas-Natural Excluded  
Heating/Cool  None, Vented Gas Heater, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  Conventional, Cash Only, FHA
Cable Co  Comcast/Dish Documents  
Electric  Circuit Breaker Tax ID  114-035-14016
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† The remarks published on this webpage originate from Listed By Aaron Chiaravelotti of KW Vermont 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.