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Prime downtown location for this landmark investment opportunity. This brick Federal-style Duplex sits on a corner lot only a few blocks from the renowned Church Street Marketplace. Currently a grandfathered commercial office space with finished basement plus a 2 bedroom apartment on the 2nd floor. The 2 level office space with exposed brick has permits in place to convert to a 4 bedroom apartment. The owner has lovingly maintained this building and has made many improvements over the years! Separate utilities plus 4 off-street parking spaces. Incredibly well located between Colleges and downtown and near the hospital and waterfront.
Property Location
233 Pearl Street Burlington
Property Details
Sold Price $575,000
Sold Date Dec 21st, 2018
MLS# 4725314
Bedrooms 6
Garage Size Car
List Price 575,000
Total Bathrooms 3
Year Built 1814
Type Multi-Family
Lot Size 0.0700 Acres
Taxes $10,194
Units 2
Stories 1/2/1900
Road Frontage
Annual Income $0
Style Multi-Family
Water Frontage
Annual Expenses $14,205
Finished 3,358 Sqft
Construction No, Existing
Zoning Commercial & Residential
Above Grade 2,016 Sqft
Seasonal No
Total Rooms 6
Below Grade 1,342 Sqft
List Date Oct 25th, 2018
Gross Income $0
Operating Expenses $14,205
Net Income $54,600
Expenses Includes
Unit 1 4 Beds, 2 Baths, 2,308 SqFt, $0/Mo
Unit 2 2 Beds, 1 Baths, 1,154 SqFt, $1,550/Mo
ConstructionWood Frame
BasementInterior, Finished
Interior Features
Exterior Features
Exterior Brick
Disability Features
Foundation Stone
House Color Brick
Floors Hardwood
Building Certifications
Roof Slate
HERS Index
DirectionsFrom UVM/Medical Center, take Pearl Street down the hill west, property is on the southern corner of Pearl Street and North Union Street.
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