28-32 Park Street Burlington, Vermont 05401

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For Sale Status
$1,489,000 List Price
Multi Type
10 Beds
6 Baths
4,442 Sqft
Listed By Erin Dupuis of Vermont Real Estate Company

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NMLS# 446767

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Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and the top of Church Street, these units never have a vacancy. The building was fully rebuilt in the early 90's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.

Property Location

Property Details

MLS#  4930936 Bedrooms  10 Garage Size   Car
List Price  1,489,000 Total Bathrooms  6 Year Built  1899
Type  Multi-Family Lot Size  0.0500 Acres Taxes $18,701
Units  6 Stories  3 Road Frontage  
Annual Income  $114,540 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  4,442 Sqft Construction  No, Existing
Zoning   Res High Density Above Grade  4,442 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Sep 23rd, 2022
Gross Income  $114,540 Operating Expenses  $0 Net Income  $65,226
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 700 SqFt, $1,450/Monthly Unit 2   1 Beds, 1 Baths, 700 SqFt, $1,450/Monthly
Unit 3   2 Beds, 1 Baths, 760 SqFt, $1,630/Monthly Unit 4   2 Beds, 1 Baths, 760 SqFt, $1,760/Monthly
Unit 5   2 Beds, 1 Baths, 760 SqFt, $1,550/Monthly Unit 6   2 Beds, 1 Baths, 760 SqFt, $1,705/Monthly
ConstructionWood Frame
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  
Floors  Hardwood, Ceramic Tile Building Certifications  
Roof  Metal HERS Index  
Lot Description, Mountain View, Lake View, Corner, City Lot
Garage & Parking  No, , , On Street
Road Frontage   Water Access  
Driveway  None Water Type  
Flood Zone  No Water Body  
Zoning  Res High Density
School District  Burlington School District Middle  
Elementary  Choice High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Off Boiler Financing  
Cable Co  BT Documents  
Electric  Circuit Breaker Tax ID  114-035-14992

† The remarks published on this webpage originate from Listed By Erin Dupuis of Vermont Real Estate Company via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.