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32 Grove Street Burlington, Vermont 05401Property Pending

$625,000 Price
Multi Type
13 Beds
5 Baths
5,332 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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Property Location

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

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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 5 Unit Multi Family

Key opportunity to boost your investment portfolio! Fully occupied 5 Unit apartment building offering significant upside with existing 7.5+ Cap rate! Recent capital improvements include 6 newer high-efficiency boilers. A mix of 3 Bedroom and 2 Bedroom units with on-site coin op laundry, walk up large unfinished attic and ample parking. Well located near University of Vermont and Medical Center and the vibrant Winooski downtown.


MLS#  4775102Bedrooms  13Garage Size   Car
List Price  625,000Total Bathrooms  5Year Built  1920
Type  Multi-FamilyLot Size  0.1700 AcresTaxes $14,918
Units  5Stories  1/2/1900Road Frontage  
Annual Income  $84,192Style  Apartment BuildingWater Frontage  
Annual Expenses  $0Finished  5,332 SqftConstruction  No, Existing
Zoning   RLAbove Grade  4,332 SqftSeasonal  No
Total Rooms  Below Grade  1,000 SqftList Date  Sep 6th, 2019


Total Expenses  $0Insurance  $0
Water & Sewer  $0Taxes  $0
Trash  $0Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   2 Beds, 1 Baths, $1,340/Monthly Unit 2   3 Beds, 1 Baths, $1,750/Monthly
Unit 3   3 Beds, 1 Baths, $1,610/Monthly Unit 4   3 Beds, 1 Baths, $1,325/Monthly
Unit 5   2 Beds, 1 Baths, $950/Monthly


ConstructionWood Frame
BasementInterior, Partially Finished, Full
Interior Features
Exterior Features
Exterior  Vinyl SidingDisability Features  
Foundation  StoneHouse Color  White
Floors  Vinyl, Carpet, HardwoodBuilding Certifications  
Roof  Slate HERS Index  


Lot Description, City Lot
Garage & Parking  No, , , Off Street
Road Frontage  Water Access  
Driveway  Common/Shared, DirtWater Type  
Flood Zone  UnknownWater Body  
Zoning  RL


School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Hot WaterNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  TankFinancing  
Cable Co  Documents  
Electric  Circuit BreakerTax ID  114-035-16876
DirectionsFrom Burlington, head North on Colchester Avenue, down the hill towards Winooski. Turn right on Chase Street before the bottom of the hill, then right again on Barrett Street and right once more on Grove Street. Property is on the left.