314 Colchester Avenue Burlington, Vermont 05401

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Under Contract Status
$585,000 Price
Multi Type
4 Beds
4 Baths
1,880 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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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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Burlington 4-Unit

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, UVM and the hospital.

Property Location

Property Details

Contract Date  Jan 15th, 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  $37,214 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.
Lot Description, City Lot
Garage & Parking  No, , , Driveway
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RLD
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Rented Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-16871