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Well-maintained Burlington Duplex offers a wonderful opportunity for investors or owner-occupiers alike. With 2 bedrooms, 1 bath in each unit plus private laundry, hardwood floors, and more! The first level apartment offers a back deck and easy access to the fenced yard. The upper unit features living space on both the 2nd and 3rd floors, newer Rinnai heaters, and a great covered porch for relaxing. This unit will become vacant on June 1, so ideal for an owner-occupier! Separate utilities, plenty of storage in each, plus some off-street parking. Tenants love the neighborhood and location just a few blocks from Lake Champlain waterfront and Church Street, close to colleges and the hospital too!
Property Location
34-36 Cedar Street Burlington
Property Details
Sold Price $470,000
Sold Date Aug 12th, 2022
MLS# 4904485
Bedrooms 4
Garage Size Car
List Price 485,000
Total Bathrooms 2
Year Built 1910
Type Multi-Family
Lot Size 0.0500 Acres
Taxes $8,628
Units 2
Stories 2
Road Frontage 38
Annual Income $41,400
Style Duplex, Multi-Family
Water Frontage
Annual Expenses $0
Finished 1,804 Sqft
Construction No, Existing
Zoning RM
Above Grade 1,804 Sqft
Seasonal No
Total Rooms 4
Below Grade 0 Sqft
List Date Apr 8th, 2022
Gross Income $41,400
Operating Expenses $0
Net Income $28,321
Expenses Includes
Unit 1 2 Beds, 1 Baths, $0/Mo
Unit 2 2 Beds, 1 Baths, $1,650/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl, Clapboard
Disability Features
Foundation Brick, Stone
House Color White
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Pearl Street in Burlington, turn onto Elmwood Ave, left on Cedar Street, house is on your right.