24 Grant Street Burlington, Vermont 05401

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For Sale Status
$1,075,000 Price
Multi Type
9 Beds
7 Baths
5,776 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Two Buildings with 7 Units Two Buildings with 7 Units
6-Car Garage 6-Car Garage
Front Building Front Building
.28 Acre Lot .28 Acre Lot
Kitchen Kitchen
Built-Ins Built-Ins
Kitchen Kitchen
Nice Cabinets Nice Cabinets
Clawfoot Tub & Upgraded Sink Clawfoot Tub & Upgraded Sink
Formal Dining Room Formal Dining Room
Spacious Apartments Spacious Apartments
Beautiful Flooring Beautiful Flooring
Lots of Charm Lots of Charm
Fresh Paint Fresh Paint
Open Floor Plan Open Floor Plan
Spacious Living Room Spacious Living Room
This Unit has Two Floors This Unit has Two Floors
Sunny Bedrooms Sunny Bedrooms
Nice Flooring Nice Flooring
Comfortable Rooms Comfortable Rooms
Sunny Units Sunny Units
Tenants Love the Porches Tenants Love the Porches
Covered Porches Covered Porches
Plenty of Parking Plenty of Parking
Invest in Burlington! Invest in Burlington!

Burlington 7-Unit

Attention Investors! 7-units in 2 buildings with parking in the heart of downtown Burlington- just one block to the top of Church Street Marketplace. Consisting of 2 bedroom, 1 bedroom and studio apartments, plus a 6-bay garage. Strong cash flow with a strong upside make this a great investment. Tenants love living so close to restaurants, shopping, the waterfront, colleges and the hospital just up the hill. Invest in Burlington today!

Property Location

Property Details

MLS#  4816650 Bedrooms  9 Garage Size  6 Car
List Price  1,075,000 Total Bathrooms  7 Year Built  1915
Type  Multi-Family Lot Size  0.2800 Acres Taxes $17,656
Units  7 Stories  2 Road Frontage  
Annual Income  $66,822 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  5,776 Sqft Construction  No, Existing
Zoning   RMD Above Grade  5,776 Sqft Seasonal  No
Total Rooms  9 Below Grade  0 Sqft List Date  Jul 15th, 2020
Gross Income  $100,320 Operating Expenses  $0 Net Income  $66,822
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $0/Mo
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $0/Mo
Unit 5   2 Beds, 1 Baths, $0/Mo Unit 6   1 Beds, 1 Baths, $0/Mo
Unit 7   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Slab, Full
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Brick, Stone, Stone House Color  Green/Gray
Floors  Vinyl, Laminate Building Certifications  
Roof  Slate HERS Index  
DirectionsPearl Street, turn onto Clarke Street, at end take left then immediate right into 24 Grant's driveway.
Lot Description, City Lot
Garage & Parking  Yes, Other,
Road Frontage   Water Access  
Driveway  Dirt, Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  RMD
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  Property Disclosure, Deed
Electric  Circuit Breaker Tax ID  114-035-15378