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Burlington
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. The units are in very good shape. Unit 1 is a 3 bed, 1 bath with hardwood and tile flooring, updated kitchen, gas fireplace for primary heat and energy efficient windows. Unit 2 is a 2 bed, 1 bath and Unit 3 is a 2 bed, 1 bath. Rents a slightly below market and owner projects an additional $5,000 in annual income from raising rents to market. A great investment. †
Property Location
Property Details
| MLS# 4904232 | Bedrooms 7 | Garage Size Car |
|---|---|---|
| List Price 799,000 | Total Bathrooms 3 | Year Built 1899 |
| Type Multi-Family | Lot Size 0.0800 Acres | Taxes $13,487 |
| Units 3 | Stories 3 | Road Frontage 49 |
| Annual Income $70,106 | Style Apartment Building | Water Frontage |
| Annual Expenses $0 | Finished 2,555 Sqft | Construction No, Existing |
| Zoning residential | Above Grade 2,555 Sqft | Seasonal No |
| Total Rooms 7 | Below Grade 0 Sqft | List Date Apr 7th, 2022 |
