21-25 Elmwood Avenue Burlington, Vermont 05401

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For Sale Status
$2,895,000 List Price
Multi Type
0 Beds
0 Baths
9,987 Sqft
Listed By Kara Koptiuch of Vermont Real Estate Company

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NMLS# 446767

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Location, location, location! Rare opportunity to own a 19 unit multi-family in the heart of downtown Burlington. Sitting proudly next to the Federal Building/Post Office and less than a block from the top of Church Street, these units never have a vacancy. Property includes stand alone single family 3 bedroom carriage house and main building with 18 units, one of which is used as the maintenance office. Well maintained with numerous recent updates including new boiler and hot water tanks in the fall of 2020. Properties of this size,in this location, don't come to market often!

Property Location

Property Details

MLS#  4845334 Bedrooms  0 Garage Size   Car
List Price  2,895,000 Total Bathrooms  0 Year Built  1900
Type  Multi-Family Lot Size  0.2600 Acres Taxes $60,506
Units  19 Stories  2 Road Frontage  75
Annual Income  $228,290 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  9,987 Sqft Construction  No, Existing
Zoning   Res-High Denisity Above Grade  9,987 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Jan 27th, 2021
Gross Income  $228,290 Operating Expenses  $0 Net Income  $134,339
Expenses Includes 
ConstructionWood Frame
BasementInterior, Concrete
Interior Features
Exterior Features
Exterior  Brick, Vinyl Siding Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsPearl Street, right onto Elmwood Ave, building is on the left just after the Post Office.
Lot Description, City Lot, Near Bus/Shuttle
Garage & Parking  No, ,
Road Frontage  75 Water Access  
Driveway  Common/Shared Water Type  
Flood Zone  No Water Body  
Zoning  Res-High Denisity
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel  , Gas-Natural Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15347

† The remarks published on this webpage originate from Listed By Kara Koptiuch of Vermont Real Estate Company 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.