21 Lafayette Place Burlington, Vermont 05401 MLS# 4766411

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Sold Status

$628,000 Sold Price

Multi Type

6 Beds

4 Baths

3,635 Sqft

Listed By Geri Reilly of Geri Reilly Real Estate
Sold By Geri Reilly Real Estate
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21 Lafayette Place

Don't miss out on this great opportunity to invest in Burlington! Perfect for owner-occupied or rental units. Well maintained 4-unit building in superior downtown Burlington location. Hardwood floors throughout, separate utilities, spacious sunny rooms, easy rentals. Off-street parking. Detached 2 story storage barn has additional revenue-generating potential. Full functional basement with both interior and hatchway access with coin-op washer and dryer. Enjoy being within walking distance to Church St Marketplace & waterfront park, enjoying restaurants, music, Flynn theater all a stone's throw away! Minutes to UVM Campus & UVM Medical Center. Showings to begin Tuesday, July 30th. †

Property Location

21 Lafayette Place Burlington

Property Details

Sold Price  $628,000 Sold Date  Oct 3rd, 2019
MLS#  4766411 Bedrooms  6 Garage Size  2 Car
List Price  615,000 Total Bathrooms  4 Year Built  1880
Type  Multi-Family Lot Size  0.1300 Acres Taxes $12,606
Units  4 Stories  3 Road Frontage  45
Annual Income  $53,520 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,635 Sqft Construction  No, Existing
Zoning   RH Above Grade  3,635 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Jul 23rd, 2019
Gross Income  $53,520 Operating Expenses  $0 Net Income  $34,818
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,277/Monthly Unit 2   2 Beds, 1 Baths, $1,463/Monthly
Unit 3   1 Beds, 1 Baths, $716/Monthly Unit 4   1 Beds, 1 Baths, $1,004/Monthly
ConstructionWood Frame
BasementInterior, Interior Stairs, Unfinished, Full, Exterior Stairs
Interior Features
Exterior Features
Exterior  Wood Disability Features  
Foundation  Block House Color  Yellow
Floors  Hardwood Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Pearl St, Right on Lafayette Place. Building on Left.
Lot Description, City Lot, Street Lights, Near Bus/Shuttle
Garage & Parking  Yes, , , On Street, Garage, On Street
Road Frontage  45 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  RH
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Gas-Natural Financing  
Cable Co  Burlington Telecom Documents  Deed
Electric  Circuit Breaker, 200 Amp Tax ID  114-035-15408
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† The remarks published on this webpage originate from Listed By Geri Reilly of Geri Reilly 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.