254 & 256-258 Pearl Street Burlington, Vermont 05401 MLS# 4994688

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For Sale Status

$1,444,000 List Price

Multi Type

6 Beds

5 Baths

6,056 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Burlington

254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street
254 & 256-258 Pearl Street

Downtown Mixed-Use Property

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.
Lot Description
Garage & Parking  Yes
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Steam, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15888 & 15889
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