233 North Street Burlington, Vermont 05401 MLS# 4962017

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Sold Status

$690,000 Sold Price

Multi Type

4 Beds

4 Baths

1,926 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Element Real Estate

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233 North Street

Invest in Burlington! This meticulously maintained multi-family building offers four, easy-to-rent 1-bedroom units in the Old North End. The property has been attentively kept up including newer windows, fresh paint, and other renovations. The next owner will reap the benefits of this turn-key investment! Featuring a paved parking lot, there is plenty of space for tenants and guests. Tenants will enjoy the grassy fenced yard at the back of the lot perfect for private lounging or grilling. One of the four units is currently vacant setting the property up perfectly for a new tenant or owner-occupier! Leases are currently month-to-month with upside on rents. Zoning may allow for further development potential. Enjoy convenient access to ONE restaurants and businesses with a great location just a few blocks to the Church Street Marketplace, downtown, and Lake Champlain waterfront. Minutes to colleges, UVM Medical Center, and I-89.

Property Location

233 North Street Burlington

Property Details

Sold Price  $690,000 Sold Date  Sep 7th, 2023
MLS#  4962017 Bedrooms  4 Garage Size   Car
List Price  649,000 Total Bathrooms  4 Year Built  1899
Type  Multi-Family Lot Size  0.1200 Acres Taxes $10,000
Units  4 Stories  2 Road Frontage  32
Annual Income  $49,800 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  1,926 Sqft Construction  No, Existing
Zoning   NMU Above Grade  1,926 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jul 19th, 2023
Gross Income  $49,800 Operating Expenses  $0 Net Income  $31,049
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $950/Monthly Unit 2   1 Beds, 1 Baths, $1,000/Monthly
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $950/Monthly
ConstructionWood Frame
BasementInterior, Exterior Access
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsLeft off of South Willard onto North Street, Property is on left right before Elmwood Avenue Cemetery.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  32 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  NMU
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15271