237 Elmwood Avenue Burlington, Vermont - Sold in 2020

237 Elmwood Avenue Burlington, Vermont 05401 MLS# 4738122

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Sold Status

$735,000 Sold Price

Multi Type

11 Beds

6 Baths

4,115 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman
✉ 🖶

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237 Elmwood Avenue

Burlington 6 unit Multi Family investment property with 4 modern updated townhouse style apartments plus 2 spacious flats. The 4 Townhouses all offer hardwood floors and separate full basements with washer/dryer. 11 bedrooms total with ample off-street parking and wonderful back yard. Convenient location blocks from downtown and Church Street. Great turn-key investment with nice upside on rents.

Property Location

237 Elmwood Avenue Burlington

Property Details

Sold Price  $735,000 Sold Date  Feb 11th, 2020
List Price  750,000 Bedrooms  11 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1910
MLS#  4738122 Lot Size  0.23 Acres Taxes $15,884
Type  Multi-Family Days on Market  2672 Days Tax Year 2019
Units  6 Stories  2 Road Frontage  64
Annual Income  $81,600 Style  Town House, Other Water Frontage  
Annual Expenses  $0 Finished  4,115 Sqft Construction  No, Existing
Zoning   RM Above Grade  4,115 Sqft Seasonal  No
Total Rooms  11 Below Grade  0 Sqft List Date  Feb 28th, 2019
Gross Income  $81,600 Operating Expenses  $0 Net Income  $56,844
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,200/Monthly Unit 2   1 Beds, 1 Baths, $800/Monthly
Unit 3   2 Beds, 1 Baths, $1,200/Monthly Unit 4   2 Beds, 1 Baths, $1,200/Monthly
Unit 5   2 Beds, 1 Baths, $1,200/Monthly Unit 6   2 Beds, 1 Baths, $1,200/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished, Full, Concrete
Interior Features
Exterior Features
Exterior  Wood, Vinyl Disability Features  
Foundation  Concrete House Color  Grey
Floors  Vinyl, Carpet, Ceramic Tile, Other, Hardwood, Laminate, Manufactured Building Certifications  
Roof  Metal, Shingle HERS Index  
DirectionsHead south on Pearl Street, then turn right on Elmwood Avenue.
Lot Description, City Lot
Garage & Parking  No, , , 1-10 Spaces, Paved
Road Frontage  64 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-13869
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