214-216 Pine Street Burlington, Vermont 05401

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For Sale Status
$665,000 List Price
Multi Type
6 Beds
3 Baths
1,772 Sqft
Listed By Amanda Headley of Ridgeline Real Estate

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Centrally located in the heart of the Queen City, this triplex apartment building on Pine Street is ready for its next owner! Situated just minutes to everything downtown Burlington has to offer, this is an excellent investment opportunity. The property boasts a fantastic layout with 2 bedroom's in each unit. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with brand new unique crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, some new windows and laundry hookups in Unit B's bathroom. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Incredible walkable location less than 5 minutes to the Burlington Waterfront and Church Street Marketplace.

Property Location

Property Details

MLS#  4910074 Bedrooms  6 Garage Size   Car
List Price  665,000 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.0400 Acres Taxes $8,848
Units  3 Stories  2 Road Frontage  35
Annual Income  $66,300 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  1,772 Sqft Construction  No, Existing
Zoning   Res Above Grade  1,772 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  May 16th, 2022
Gross Income  $66,300 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 576 SqFt, $1,950/Monthly Unit 2   2 Beds, 1 Baths, 576 SqFt, $1,950/Monthly
Unit 3   2 Beds, 1 Baths, 620 SqFt, $1,625/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished, Partial, Crawl Space
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Block House Color  
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Lot Description, City Lot
Garage & Parking  No, , , 2 Parking Spaces
Road Frontage  35 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Res
School District  Burlington School District Middle  
Elementary   High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Tank, Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-17167

† The remarks published on this webpage originate from Listed By Amanda Headley of Ridgeline 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.