316 Main ST Burlington, Vermont 05401 MLS# 3018831

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Sold Status

$900,000 Sold Price

Multi Type

10 Beds

6 Baths

5,430 Sqft

Listed By Debby Hanley of Coldwell Banker Hickok & Boardman - (802)846-9515
Sold By
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Hillside at O'Brien Farm

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Burlington

316 Main ST

Superior investment opportunity on upper Main St! Well maintained 6 unit structure, Circa 1885, with many updates and improvements. Nice hardwood floors in living rooms and some bedrooms. Some units have lake views! Solid rental history. Great in-town location close to medical center, UVM, Champlain College and downtown. Also includes a detached 6 car garage plus 6 storage units in basement.

Property Location

316 Main ST Burlington

Property Details

Sold Price  $900,000 Sold Date  Apr 29th, 2005
MLS#  3018831 Bedrooms  10 Garage Size  9 Car
List Price  925,000 Total Bathrooms  6 Year Built  1885
Type  Multi-Family Lot Size  0.2800 Acres Taxes $9,007
Units  6 Stories  3 Road Frontage  83
Annual Income  $0 Style   Water Frontage  
Annual Expenses  $19,630 Finished  5,430 Sqft Construction  
Zoning   Above Grade  5,430 Sqft Seasonal  
Total Rooms  23 Below Grade  0 Sqft List Date  Apr 6th, 2005
Gross Income  $0 Operating Expenses  $19,630 Net Income  $72,900
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 680 SqFt, $900/Mo Unit 2   2 Beds, 1 Baths, 855 SqFt, $1,100/Mo
Unit 3   1 Beds, 1 Baths, 680 SqFt, $975/Mo Unit 4   2 Beds, 1 Baths, 855 SqFt, $1,050/Mo
Unit 5   2 Beds, 1 Baths, 630 SqFt, $0/Mo Unit 6   2 Beds, 1 Baths, 795 SqFt, $0/Mo
Construction
BasementFull
Interior Features
Exterior Features
Exterior  Clapboard,Vinyl Disability Features  
Foundation   House Color  White
Floors  Hardwood Building Certifications  
Roof  Slate HERS Index  
Directions
Lot DescriptionMountain View, Near Bus/Shuttle, Water View
Garage & Parking  On Site
Road Frontage  83 Water Access  
Driveway  Gravel Water Type  
Flood Zone   Water Body  
Zoning  
School District  NA Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  Hot Water, House Unit Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Domestic, Gas-Natural Financing  Other
Cable Co  Adelphia Documents  Certificate CC/CO, Deed, Lease Agreements, Property Disclosure
Electric   Tax ID  
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