34-36 Cedar Street Burlington, Vermont 05401

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Under Contract Status
$485,000 List Price
Multi Type
4 Beds
2 Baths
1,804 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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ONE Duplex

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

Property Details

Contract Date  Jul 3rd, 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.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  38 Water Access  
Driveway  Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14636