31 Hyde Street Burlington, Vermont 05401

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For Sale Status
$2,225,000 Price
Multi Type
0 Beds
0 Baths
10,852 Sqft
Listed By Don Marcelino of The Marcelino Team

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NMLS# 49592

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Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Unit 6 Living Room Unit 6 Living Room
Unit 6 Kitchen Unit 6 Kitchen
Unit 6 Stairs Unit 6 Stairs
Unit 6 Bedroom 1 Unit 6 Bedroom 1
Unit 6 Bedroom 2 Unit 6 Bedroom 2
Unit 6 Bedroom 3 Unit 6 Bedroom 3
Unit 6 Bath Unit 6 Bath
Unit 7 Living Room Unit 7 Living Room
Unit 7 Kitchen Unit 7 Kitchen
Unit 7 Bedroom Unit 7 Bedroom
Unit 7 Bedroom Unit 7 Bedroom
Unit 7 Bedroom Unit 7 Bedroom
Unit 7 Bath Unit 7 Bath
Unit 8 Living Room Unit 8 Living Room
Unit 8 Living Area Unit 8 Living Area
Unit 8 Hallway Unit 8 Hallway
Unit 8 Bedroom Unit 8 Bedroom

Great Investment Opportunity. This property consists of eight 3-bedroom 1.5 bath condos built in 1985 and a two-story attached duplex built in 1930 for a total of 10 rental units and is in the Opportunity Zone. All units’ interiors have been recently painted and most all flooring has been upgraded. Unit 10 has had a complete renovation. Exterior work includes sidewalk and curbing per zoning, exterior LED lighting, driveway leveling, fence to protect pervious surface and trees removed. Great location with easy access to New North End, Downtown, Winooski, Colleges and Hospital.

Property Location

Property Details

MLS#  4801555 Bedrooms  0 Garage Size   Car
List Price  2,225,000 Total Bathrooms  0 Year Built  1985
Type  Multi-Family Lot Size  0.5000 Acres Taxes $37,655
Units  10 Stories  2 Road Frontage  96
Annual Income  $163,820 Style  Town House Water Frontage  
Annual Expenses  $0 Finished  10,852 Sqft Construction  No, Existing
Zoning   Residential-Med Density Above Grade  10,852 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Apr 17th, 2020
Gross Income  $222,324 Operating Expenses  $0 Net Income  $163,820
Expenses Includes 
ConstructionWood Frame
BasementInterior, Unfinished, Slab, Partial, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding, Wood Siding Disability Features  
Foundation  Concrete, Slab - Concrete House Color  cream
Floors   Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsFrom Pearl St take N Willard St, then turn left onto North St, then right onto Hyde St, property is on the left just after Y in road.
Lot DescriptionYes, Level, City Lot, Level, Sidewalks, Near Bus/Shuttle, Near Hospital
Garage & Parking  No, , , Off Street
Road Frontage  96 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential-Med Density
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel  , Gas-Natural Excluded  
Heating/Cool  None, Baseboard, Direct Vent, Electric, Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Tank, Gas-Natural, Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15701 - 15709

† The remarks published on this webpage originate from Listed By Don Marcelino of The Marcelino Team 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.