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Investment rental opportunity with 16 bedrooms in 4 well maintained units. Impressive rental history, 100% rented through May 2023. Two of the units are in a wonderfully modified classic Burlington City home with great features; porches up and down, some hardwood floors and loads of character. The 2 additional units are townhome style units with great floorplans. They feature open kitchen and living rooms with bedrooms up and down. There is ample onsite parking and green spaces include the large rear yard and side yard. Centrally located, walk or grab public transportation to UVM, the Medical Center, Church Street Marketplace and Roosevelt Park. Many new improvements including but not limited to windows, siding, appliances, flooring, interior remodeling, roof and more. 3D Virtual Tours Available †
Property Location
21 Hyde Street Burlington
Property Details
Sold Price $1,450,000
Sold Date Dec 9th, 2022
List Price 1,590,000
Bedrooms 16
Garage Size 2 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1899
MLS# 4927691
Lot Size 0.39 Acres
Taxes $30,550
Type Multi-Family
Days on Market 1392 Days
Tax Year 2022
Units 4
Stories 2
Road Frontage 79
Annual Income $152,380
Style Town House, Modified, Multi-Family, New Englander, Townhouse
Water Frontage
Annual Expenses $0
Finished 4,289 Sqft
Construction No, Existing
Zoning R-4
Above Grade 4,289 Sqft
Seasonal No
Total Rooms 16
Below Grade 0 Sqft
List Date Aug 31st, 2022
Gross Income $152,380
Operating Expenses $0
Net Income $101,213
Expenses Includes
Unit 1 4 Beds, 1 Baths, 1,016 SqFt, $3,190/Monthly
Unit 2 3 Beds, 1 Baths, 992 SqFt, $2,450/Monthly
Unit 3 5 Beds, 1 Baths, 1,008 SqFt, $3,500/Monthly
Heating/Cool None, Baseboard, Other, Individual, Radiators, Hot Water, Hot Air
Negotiable
Sewer Public
Parcel Access ROW No
Water Public
ROW for Other Parcel
Water Heater Domestic, Tank, Gas-Natural, Owned
Financing
Cable Co Burlington Telecom
Documents Property Disclosure, Deed
Electric Other, 220 Plug, Circuit Breaker
Tax ID 114-035-15572
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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 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.