286 Pearl Street Burlington, Vermont 05401 MLS# 4750377

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Sold Status

$660,000 Sold Price

Multi Type

7 Beds

3 Baths

2,650 Sqft

Listed By Robert Foley of Flat Fee Real Estate
Sold By Four Seasons Sotheby's Int'l Realty
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Burlington

286 Pearl Street

Very well maintained three unit building in the heart of downtown Burlington within blocks of UVM, Champlain College, Church Street and the UVM Medical Center. Turn key investment with all leases in place through May 2020. The units are in very good shape including hardwood floors, updated kitchens and appliances. A great investment and a great value.

Property Location

286 Pearl Street Burlington

Property Details

Sold Price  $660,000 Sold Date  Aug 15th, 2019
MLS#  4750377 Bedrooms  7 Garage Size   Car
List Price  689,900 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.0800 Acres Taxes $12,641
Units  3 Stories  3 Road Frontage  49
Annual Income  $64,380 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  2,650 Sqft Construction  No, Existing
Zoning   residential Above Grade  2,650 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  May 9th, 2019
Gross Income  $64,380 Operating Expenses  $0 Net Income  $42,439
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $2,385/Monthly Unit 2   2 Beds, 1 Baths, $1,590/Monthly
Unit 3   2 Beds, 1 Baths, $1,390/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Stone House Color  
Floors  Vinyl, Hardwood Building Certifications  
Roof  Slate, Metal HERS Index  
Directions
Lot Description, City Lot
Garage & Parking  No, , , Off Street
Road Frontage  49 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co  Xfinity Documents  
Electric  Circuit Breaker Tax ID  114-035-15895
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† The remarks published on this webpage originate from Listed By Robert Foley of Flat Fee Real Estate 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.