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$ Principal & Interest
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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...
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.
Sold Price $620,000
Sold Date Dec 16th, 2019
Garage Size Car
List Price 625,000
Total Bathrooms 5
Year Built 1920
Lot Size 0.1700 Acres
Annual Income $47,297
Style Apartment Building
Annual Expenses $0
Finished 5,332 Sqft
Construction No, Existing
Above Grade 4,332 Sqft
Total Rooms 13
Below Grade 1,000 Sqft
List Date Sep 6th, 2019
Gross Income $84,192
Operating Expenses $0
Net Income $47,297
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
BasementInterior, Partially Finished, Full
Exterior Vinyl Siding
House Color White
Floors Vinyl, Carpet, Hardwood
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.
Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07-12-2020.
Coldwell Banker Hickok & Boardman is a full service Burlington Vermont real estate company providing home buying or home selling services, Relocation services to or from Vermont, and rental assistance to tenants and landlords. Our Home Services program assists home sellers with preparing their property for sale and also provides our clients with access to a network of Vermont home service providers. We have a more than 60 educated and experienced Vermont real estate agents from which to choose, combining the strength of a prominent national organization, like Coldwell Banker, with the local expertise of a leading Vermont real estate company, Hickok & Boardman. If you want to buy a home in Vermont, sell a home we are large enough to meet your needs, yet small enough to provide the excellent, personalized real estate service you deserve.