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Well-located Burlington duplex with 3 bedrooms each, fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy access to colleges and hospital.
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Property Location
22 Orchard Terrace Burlington
Property Details
MLS# 4972037
Bedrooms 6
Garage Size 2 Car
List Price 769,000
Total Bathrooms 2
Year Built 1899
Type Multi-Family
Lot Size 0.1100 Acres
Taxes $13,703
Units 2
Stories 1/2/1900
Road Frontage 50
Annual Income $66,000
Style Multi-Family
Water Frontage
Annual Expenses $0
Finished 2,434 Sqft
Construction No, Existing
Zoning RH
Above Grade 2,434 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date Sep 28th, 2023
Gross Income $66,000
Operating Expenses $0
Net Income $46,315
Expenses Includes
Unit 1 3 Beds, 1 Baths, $2,800/Monthly
Unit 2 3 Beds, 1 Baths, $2,650/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl, Clapboard
Disability Features
Foundation Brick, Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsBuell Street to Orchard. Property is on right, third from the end.