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Invest in this Burlington Duplex - 2 single level units in the Old North End. Seize this rare opportunity to enter the Burlington multi-family market with a property boasting tremendous upsides on rent. Configured as a 3 bedroom and a 4 bedroom apartment, the great location just blocks from downtown keeps desirable units like these occupied. Like many in Vermont’s largest city, the building has a classic feel – tin ceilings, wood siding, slate roof - just steps to Battery Park, waterfront, Church Street Marketplace, colleges and hospital – all that draws folks to this great city.
Property Location
206-208 Park Street Burlington
Property Details
Sold Price $320,000
Sold Date May 17th, 2019
MLS# 4740119
Bedrooms 7
Garage Size Car
List Price 325,000
Total Bathrooms 2
Year Built 1899
Type Multi-Family
Lot Size 0.0400 Acres
Taxes $6,704
Units 2
Stories 1/2/1900
Road Frontage 36
Annual Income $24,000
Style Duplex
Water Frontage
Annual Expenses $11,343
Finished 2,444 Sqft
Construction No, Existing
Zoning RM
Above Grade 2,444 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Mar 13th, 2019
Gross Income $24,000
Operating Expenses $11,343
Net Income $12,657
Expenses Includes
Unit 1 3 Beds, 1 Baths, $1,100/Monthly
Unit 2 4 Beds, 1 Baths, $900/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Stone
House Color Grey
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Pearl Street, head North on North Champlain Street (Route 127), left on Manhattan Drive, then the next left on Park Street.
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