314 North Street Burlington, Vermont 05401

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For Sale Status
$895,000 List Price
Multi Type
9 Beds
3 Baths
3,704 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Burlington Triplex

Attention investors! This Burlington Triplex is fully rented through May 2023 and offers a 7% cap rate! Two 4-bedroom units and one 1-bedroom. Separate utilities, off-street parking, shared backyard, and coin-op laundry. Tenants love these sunny apartments with loads of charm. Great location near Pomeroy Park and neighborhood eateries. Just a few blocks to downtown Burlington, colleges, and UVM Medical Center.

Property Location

Property Details

MLS#  4905592 Bedrooms  9 Garage Size   Car
List Price  895,000 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.1500 Acres Taxes $16,736
Units  3 Stories  2 Road Frontage  49
Annual Income  $93,900 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,704 Sqft Construction  No, Existing
Zoning   RM Above Grade  3,704 Sqft Seasonal  No
Total Rooms  9 Below Grade  0 Sqft List Date  Apr 18th, 2022
Gross Income  $93,900 Operating Expenses  $0 Net Income  $63,683
Expenses Includes 
Unit 1   4 Beds, 1 Baths, $3,300/Monthly Unit 2   1 Beds, 1 Baths, $1,375/Monthly
Unit 3   4 Beds, 1 Baths, $3,150/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Aluminum Disability Features  
Foundation  Brick, Stone House Color  White
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsNorth on South Union Street, take a right on to North Street, second property on your left.
Lot Description, City Lot
Garage & Parking  No, , , Off Street, Off Street
Road Frontage  49 Water Access  
Driveway  Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-15174