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Burlington
Great opportunity to live and have income from the accessory apartment and storage building! Or convert to a duplex. Zoning allows for owner occupied commercial business. Newer out building/garage. Currently the owner is renting the main house for $3,360 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & rents for $1,500 per month. The outbuilding rents at $1,000 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything! The property is zoned for owner occupied to rent the accessory apartment. Since the lot is 13,000 sq ft, City zoning states it could be converted to a duplex. †
Property Location
Property Details
MLS# 4911076 | Bedrooms 5 | Garage Size 4 Car |
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List Price 715,000 | Total Bathrooms 3 | Year Built 1935 |
Type Multi-Family | Lot Size 0.3000 Acres | Taxes $13,065 |
Units 2 | Stories 2 | Road Frontage 50 |
Annual Income $70,320 | Style Walkout Lower Level, Multi-Family, Walkout Lower Level, Near Paths | Water Frontage |
Annual Expenses $0 | Finished 4,394 Sqft | Construction No, Existing |
Zoning Residential R1 | Above Grade 3,062 Sqft | Seasonal No |
Total Rooms 5 | Below Grade 1,332 Sqft | List Date May 19th, 2022 |