25 Peru Street Burlington, Vermont 05401

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For Sale Status
$399,000 Price
Multi Type
7 Beds
2 Baths
2,478 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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NMLS# 49592

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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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Old North End Duplex Old North End Duplex
1st Floor Apartment Kitchen 1st Floor Apartment Kitchen
With Butler's Pantry With Butler's Pantry
View from Pantry Out View from Pantry Out
Living Room Living Room
Bedroom Bedroom
Large Bedroom Large Bedroom
Bedroom Bedroom
Full Bath Full Bath
Living Room Living Room
Eat in Kitchen Eat in Kitchen
Storage Room Storage Room
More Storage More Storage
Storage Storage
Covered Porch Area Covered Porch Area
2nd Floor Kitchen 2nd Floor Kitchen
Built-in Hutch Built-in Hutch
Kitchen Kitchen
Living Room 1 Living Room 1
Living Room 2 Living Room 2
Bedroom Bedroom
Bedroom Bedroom
Bedroom Bedroom
3/4 Bath 3/4 Bath
Storage Storage
Storage Storage

Burlington Duplex

Tenants love the convenient Old North End location of this 2-unit apartment building. Close to schools, eateries and just a few blocks to Church Street Marketplace and the waterfront. Each unit offers 3-4 bedrooms and/or potential office spaces ideal for working from home or remote learning. The first floor unit features an updated kitchen with stainless appliances and butler's pantry plus two storage rooms off the back. Upstairs you'll find a flexible floor plan with outside covered porch and access to the walk-up attic. Separate utilities plus 2 off-street parking spaces. 5 year old roof. At a 7.61% cap rate, now is the time to invest in BTV today!

Property Location

Property Details

MLS#  4829595 Bedrooms  7 Garage Size   Car
List Price  399,000 Total Bathrooms  2 Year Built  1899
Type  Multi-Family Lot Size  0.0500 Acres Taxes $5,875
Units  2 Stories  2 Road Frontage  
Annual Income  $29,780 Style  Duplex, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,478 Sqft Construction  No, Existing
Zoning   RHD Above Grade  2,478 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Sep 18th, 2020
Gross Income  $42,000 Operating Expenses  $0 Net Income  $29,780
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,239 SqFt, $2,000/Monthly Unit 2   4 Beds, 1 Baths, 1,239 SqFt, $1,500/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Brick, Stone House Color  Gray
Floors   Building Certifications  
Roof  Membrane HERS Index  
DirectionsTake Pearl Street West, right onto Elmwood Avenue, left onto Peru Street, building on left just after Johnson Street.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RHD
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Rented, Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14947