20-22 Ward Street Burlington, Vermont 05401

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For Sale Status
$990,000 Price
Multi Type
10 Beds
4 Baths
2,816 Sqft
Listed By Jonathon Templeton of KW Vermont
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NMLS# 446767

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Burlington

Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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This Burlington triplex is the perfect new investment for you! Located just minutes from all that downtown has to offer with easy access to Lake Champlain, bike paths, parks, restaurants and shopping as well as only about a 10-minute drive to interstate access. The property is well laid out with separate utilities for each unit and ample parking space which make it an easy rental. The front building consists of two, 3-bedroom flats, each with one full bathroom and the upstairs unit features a large covered back porch. Currently owner occupied, the back house has 4 bedrooms, 2 bathrooms, a laundry room and two large porches. Whether you're looking to continue owner occupying or rent out all three, this investment opportunity is one you do not want to miss! Showings delayed to 1/18.

Property Location

Property Details

MLS#  4844161 Bedrooms  10 Garage Size   Car
List Price  990,000 Total Bathrooms  4 Year Built  1928
Type  Multi-Family Lot Size  0.1500 Acres Taxes $13,851
Units  3 Stories  2 Road Frontage  50
Annual Income  $66,829 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,816 Sqft Construction  No, Existing
Zoning   R3 Above Grade  2,816 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Jan 15th, 2021
Gross Income  $84,900 Operating Expenses  $0 Net Income  $66,829
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 836 SqFt, $2,025/Monthly Unit 2   3 Beds, 1 Baths, 704 SqFt, $2,050/Monthly
Unit 3   4 Beds, 2 Baths, 1,276 SqFt, $0/Mo
ConstructionWood Frame
BasementWalk-up, Unfinished, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard, Shake, Wood Siding Disability Features  
Foundation  Stone, Concrete House Color  Blue
Floors  Laminate, Carpet Building Certifications  
Roof  Slate, Shingle-Architectural, Rolled HERS Index  
DirectionsFrom North Avenue turn onto Ward Street. House is on the left hand side. Large driveway in back.
Lot Description, City Lot, Interior Lot, Near Bus/Shuttle
Garage & Parking  No, , , Driveway
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R3
School District  Burlington School District Middle  Assigned
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented, Tank, Owned, Off Boiler Financing  
Cable Co   Documents  Deed
Electric  100 Amp Tax ID  114-035-14295
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† The remarks published on this webpage originate from Listed By Jonathon Templeton 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.