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Downtown mixed-use property with 2 buildings on 2 separate lots being sold as a package. Building 1 is a mixed-use property with a well-established dental office on the first floor and two 2-bedroom apartments on the second floor. The walk-up attic with impressive vaulted ceiling offers potential. Located right next to Pearl Street Beverage with plenty of parking spaces. Building 2 is a single-family home with 1,780 sq. ft., 2 bedrooms, 2 updated full bathrooms, attached garage, nice yard, and parking.
Property Location
254 & 256-258 Pearl Street Burlington
Property Details
MLS# 4994688
Bedrooms 6
Garage Size 2 Car
List Price 1,444,000
Total Bathrooms 5
Year Built 1899
Type Multi-Family
Lot Size 0.3100 Acres
Taxes $25,524
Units 4
Stories 1/2/1900
Road Frontage
Annual Income $106,140
Style
Water Frontage
Annual Expenses $0
Finished 6,056 Sqft
Construction No, Existing
Zoning RM
Above Grade 6,056 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date May 8th, 2024
Gross Income $106,140
Operating Expenses $0
Net Income $69,346
Expenses Includes
Unit 1 2 Beds, 2 Baths, $2,900/Monthly
Unit 2 0 Beds, 1 Baths, $3,345/Monthly
Unit 3 2 Beds, 1 Baths, $1,300/Monthly
Unit 4 2 Beds, 1 Baths, $1,300/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Brick, Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsPortfolio property is on Pearl Street between Greene Street and North Union Street.
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