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Well maintained and updated solid Brick Multi Family. Fully rented with desirable 4 one bedroom apartments and parking! Clean, bright and turn-key. Tenants pay heat and electric, offering coin-op laundry and extra storage for tenants. Prime location near downtown, University of Vermont and the hospital.
Property Location
314 Colchester Avenue Burlington
Property Details
Sold Price $615,000
Sold Date Apr 16th, 2021
MLS# 4843505
Bedrooms 4
Garage Size Car
List Price 585,000
Total Bathrooms 4
Year Built 1860
Type Multi-Family
Lot Size 1.0600 Acres
Taxes $11,276
Units 4
Stories 2
Road Frontage
Annual Income $56,400
Style Apartment Building, Multi-Family
Water Frontage
Annual Expenses $0
Finished 1,880 Sqft
Construction No, Existing
Zoning RLD
Above Grade 1,880 Sqft
Seasonal No
Total Rooms 4
Below Grade 0 Sqft
List Date Jan 8th, 2021
Gross Income $56,400
Operating Expenses $0
Net Income $37,214
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,255/Monthly
Unit 2 1 Beds, 1 Baths, $1,195/Monthly
Unit 3 1 Beds, 1 Baths, $1,225/Monthly
Unit 4 1 Beds, 1 Baths, $1,025/Monthly
ConstructionWood Frame, Masonry
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior Brick
Disability Features
Foundation Brick, Stone
House Color Tan
Floors Vinyl, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom Main Street to North Willard to Pearl Street, past hospital and East Avenue - property on left.
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