34-36 Lafountain Street Burlington, Vermont 05401

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For Sale Status
$415,000 List Price
Multi Type
4 Beds
2 Baths
1,870 Sqft
Listed By Gregory Monteith of Select Realty Inc.
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Burlington

1st Floor Entrance 1st Floor Entrance

Great Old North End (ONE) location with spacious apartments and high ceilings. A large 2 bedroom unit with basement access, ready to occupy, on 1st floor with large covered front porch and new carpet/vinyl plank floors and a equally nice 2 bedroom unit on second floor with direct access to front and rear covered porches along with an Office nook, extra half bath off kitchen and walk up to attic. Both apts. have direct access to back yard/garden space. Solid investment opportunity or possible Owner occupied situation with income from the other Unit. No off street parking, but plenty of street parking on Lafountain or Cedar Streets adjacent to building. Very walkable area with sidewalks to North Street, Lawrence Barnes Sustainability Academy and numerous markets/stores or walk/bike to Church Street Marketplace as well as Waterfront close by. Efficient natural gas heat. ONE is the place to be in Downtown Burlington!! Property to be sold as part of IRC 1031 Exchange.

Property Location

Property Details

MLS#  4917260 Bedrooms  4 Garage Size   Car
List Price  415,000 Total Bathrooms  2 Year Built  1899
Type  Multi-Family Lot Size  0.0500 Acres Taxes $7,574
Units  2 Stories  2 Road Frontage  92
Annual Income  $36,000 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  1,870 Sqft Construction  No, Existing
Zoning   Residential Above Grade  1,870 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jun 22nd, 2022
Gross Income  $36,000 Operating Expenses  $0 Net Income  $23,855
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 935 SqFt, $1,500/Monthly Unit 2   2 Beds, 1 Baths, 935 SqFt, $1,200/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Interior Stairs, Concrete, Full, Unfinished, Interior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Concrete House Color  Cream
Floors  Vinyl, Carpet Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom Pearl Street in Downtown Burlington turn onto Elmwood Avenue and continue to North Street, take a left onto North Street and Lafountain is first street on right. Building is on right at corner with Cedar Street. Parking on street only.
Lot DescriptionUnknown, City Lot, Landscaped, Corner, Landscaped, Major Road Frontage, Sidewalks, Near Bus/Shuttle, Window Screens
Garage & Parking  No, , , On Street
Road Frontage  92 Water Access  
Driveway  None Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Vented Gas Heater, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Tank, On Demand, Tank Financing  
Cable Co  BT Documents  Property Disclosure, Deed, Tax Map
Electric  200 Amp, Circuit Breaker Tax ID  114-035-14683
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† The remarks published on this webpage originate from Listed By Gregory Monteith of Select Realty Inc. via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.