204 North Avenue Burlington, Vermont 05401 MLS# 4897311

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Sold Status

$500,000 Sold Price

Multi Type

5 Beds

3 Baths

2,288 Sqft

Listed By The Nancy Jenkins Team of Nancy Jenkins Real Estate
Sold By Yellow Sign Commercial
✉ 🖶

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204 North Avenue

Investment opportunity near Waterfront and close to Battery Park. This 3 unit has long term tenants. Builder/owner has done upgrades during time of ownership including total renovation on Unit 1. New furnace last year, Rinnai in Unit 2 recently replaced. Great location minutes to Downtown and North Beach. 3D Virtual Tours Available. †

Property Location

204 North Avenue Burlington

Property Details

Sold Price  $500,000 Sold Date  Apr 4th, 2022
MLS#  4897311 Bedrooms  5 Garage Size   Car
List Price  489,000 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.0700 Acres Taxes $8,740
Units  3 Stories  2 Road Frontage  45
Annual Income  $51,300 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,288 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,288 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Feb 7th, 2022
Gross Income  $51,300 Operating Expenses  $0 Net Income  $37,453
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $2,025/Monthly Unit 2   1 Beds, 1 Baths, $1,125/Monthly
Unit 3   1 Beds, 1 Baths, $1,125/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Full, Concrete, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl, Clapboard, Vinyl Siding Disability Features  
Foundation  Stone, Concrete House Color  
Floors  Carpet, Vinyl, Parquet, Wood Building Certifications  
Roof  Bitumen, Slate HERS Index  
DirectionsFrom Main St. turn right onto Battery St. continue onto Park St. turn left onto Sherman St. turn right onto North Ave. Home on the right.
Lot Description, City Lot, Near Bus/Shuttle
Garage & Parking  No, , , Unpaved, On Site, 3 Parking Spaces, Unpaved
Road Frontage  45 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Burlington School District Middle  Assigned
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Sewer at Street Parcel Access ROW  
Water  Public Water - On-Site ROW for Other Parcel  
Water Heater  Rented, Gas-Natural Financing  
Cable Co  Comcast Documents  Deed
Electric  100 Amp, Circuit Breaker Tax ID  114-035-15077
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† The remarks published on this webpage originate from Listed By The Nancy Jenkins Team of Nancy Jenkins Real Estate 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.