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Great Burlington investment opportunity in a prime location. This triplex offers turnkey apartments, parking, and a nice backyard. Consisting of two large one bedroom apartments plus a spacious 4 bedroom apartment with a total of 2,430 Square Feet. Tenants pay utilities, ample off street parking, enclosed front porch and separate upstairs back porch, plus small storage shed. Strong financials with an attractive cap rate. Invest in Burlington!
Property Location
176 North Willard Street Burlington
Property Details
Sold Price $595,000
Sold Date Jul 16th, 2021
MLS# 4873166
Bedrooms 7
Garage Size Car
List Price 595,000
Total Bathrooms 0
Year Built 1905
Type Multi-Family
Lot Size 0.1600 Acres
Taxes $9,060
Units 3
Stories 2
Road Frontage
Annual Income $64,500
Style Other
Water Frontage
Annual Expenses $0
Finished 2,233 Sqft
Construction No, Existing
Zoning Residential Low Density
Above Grade 2,233 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Jul 16th, 2021
Gross Income $64,500
Operating Expenses $0
Net Income $46,350
Expenses Includes
Unit 1 1 Beds, Baths, $800/Monthly
Unit 2 4 Beds, Baths, $3,200/Monthly
Unit 3 2 Beds, Baths, $1,375/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsHeading West on Main Street, take a right onto South Willard Street and continue past Pearl Street to North Willard Street. Property will be a few houses past North Street on the right.
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