Back to Search ResultsSold Status
$437,500 Sold Price
Multi Type
0 Beds
0 Baths
2,694 Sqft
Sold By Chenette Real Estate
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Burlington
Nice 3-unit apartment building. Lots of updates and improvements. Plenty of off-street parking and great cash flow (9.5% cap rate). Turn-key investment. Appraisal completed 3/24/2011 indicated market value of $515,000. †
Property Location
Property Details
| Sold Price $437,500 | Sold Date Aug 27th, 2013 | |
|---|---|---|
| MLS# 4243577 | Bedrooms 0 | Garage Size 0 Car |
| List Price 465,000 | Total Bathrooms 0 | Year Built 1910 |
| Type Multi-Family | Lot Size 0.6600 Acres | Taxes $5,967 |
| Units 3 | Stories 1/2/1900 | Road Frontage 57 |
| Annual Income $57,000 | Style Walkout Lower Level, Converted, Other | Water Frontage |
| Annual Expenses $13,192 | Finished 2,694 Sqft | Construction No, Existing |
| Zoning RCOC | Above Grade 2,038 Sqft | Seasonal No |
| Total Rooms 0 | Below Grade 656 Sqft | List Date Jun 5th, 2013 |
| Gross Income $57,000 | Operating Expenses $13,192 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 Beds, Baths, 1,124 SqFt, $1,650/Monthly | Unit 2 Beds, Baths, 1,288 SqFt, $1,950/Monthly |
|---|---|
| Unit 3 Beds, Baths, 766 SqFt, $1,150/Monthly |
| ConstructionWood Frame |
|---|
| BasementWalkout, Apartments, Slab, Concrete |
| Interior Features |
| Exterior Features |
| Exterior Aluminum, Clapboard | Disability Features |
|---|---|
| Foundation Concrete | House Color |
| Floors | Building Certifications |
| Roof Shingle-Asphalt | HERS Index |
| DirectionsColchester Ave. to Riverside Ave. 0.28 miles on right. |
|---|
| Lot Description, View, Sloping, City Lot, Abuts Conservation |
| Garage & Parking No, , |
| Road Frontage 57 | Water Access |
|---|---|
| Driveway Gravel | Water Type |
| Flood Zone No | Water Body |
| Zoning RCOC |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool , Hot Water | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Tank, Gas-Natural | Financing |
| Cable Co Comcast | Documents |
| Electric 100 Amp | Tax ID 046-1-007-000 |
† The remarks published on this webpage originate from Listed By Nathaniel Hayward 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.
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