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Prime investment opportunity in Downtown Burlington! This well-maintained duplex, fully rented through May 2025, is located in a highly sought-after student neighborhood. The property features a 2-bedroom, 1-bath unit on the main level and a 3-bedroom, 1-bath unit on the second and third floors. Both units offer hardwood floors, stained glass windows, and gas ranges in the kitchens. Tenants enjoy the comfort of covered porches and the convenience of separate utilities, off-street parking, and basement laundry facilities. Situated just blocks from UVM/Medical Center, and the vibrant Church Street Marketplace, this lovely building is perfect for expanding your investment portfolio. Don’t miss out on this exceptional real estate opportunity!
Property Location
37 Greene Street Burlington
Property Details
Sold Price $590,000
Sold Date Oct 31st, 2024
List Price 599,000
Bedrooms 5
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 2
Year Built 1910
MLS# 4999058
Lot Size 0.05 Acres
Taxes $10,204
Type Multi-Family
Days on Market 188 Days
Tax Year 2024
Units 2
Stories 1/2/1900
Road Frontage
Annual Income $53,400
Style
Water Frontage
Annual Expenses $0
Finished 1,833 Sqft
Construction No, Existing
Zoning RM
Above Grade 1,833 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Jun 5th, 2024
Gross Income $53,400
Operating Expenses $0
Net Income $36,844
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,800/Monthly
Unit 2 3 Beds, 1 Baths, $2,650/Monthly
Construction
BasementWalkout, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Brick, Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Loomis Street, turn onto Greene Street, property will be on your right.