20/22 Ward Street Burlington, Vermont - Sold in 2023

20/22 Ward Street Burlington, Vermont 05401 MLS# 4974790

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Sold Status

$1,200,000 Sold Price

Multi Type

10 Beds

4 Baths

2,816 Sqft

Listed By Frank Marcou of Century 21 The One
Sold By Signature Properties of Vermont
✉ 🖶

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20/22 Ward Street

Two buildings on one lot. Back building is a single family four bedroom. Front building is a duplex with three bedrooms in each unit. Many recent upgrades and improvements including roofs and many appliances. $9250 a month in rents with tenants paying all utilities leaving great cash flow! All current leases expire 05/25/2024. †

Property Location

20/22 Ward Street Burlington

Property Details

Sold Price  $1,200,000 Sold Date  Nov 30th, 2023
List Price  1,225,000 Bedrooms  10 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1928
MLS#  4974790 Lot Size  0.16 Acres Taxes $15,930
Type  Multi-Family Days on Market  981 Days Tax Year 2023
Units  3 Stories  2 Road Frontage  40
Annual Income  $111,000 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,816 Sqft Construction  No, Existing
Zoning   res Above Grade  2,816 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Oct 17th, 2023
Gross Income  $111,000 Operating Expenses  $0 Net Income  $103,996
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 770 SqFt, $2,700/Monthly Unit 2   3 Beds, 1 Baths, 770 SqFt, $2,550/Monthly
Unit 3   4 Beds, 2 Baths, 1,276 SqFt, $4,000/Annually
ConstructionWood Frame
BasementInterior, Partial
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Fieldstone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt, Rolled, Flat HERS Index  
Directions
Lot Description, City Lot
Garage & Parking  No, , , Off Street, 5-10 Spaces, Parking Spaces 5 - 10
Road Frontage  40 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  res
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Integrated Arts Academy High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Wall Units, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Rented, Gas-Natural Financing  
Cable Co  Comcast/ Burl Telecom Documents  
Electric  Circuit Breaker Tax ID  114-035-14295
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† The remarks published on this webpage originate from Listed By Frank Marcou of Century 21 The One via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.