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Burlington
Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 – three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor. †
Property Location
Property Details
| MLS# 4917892 | Bedrooms 9 | Garage Size Car |
|---|---|---|
| List Price 850,000 | Total Bathrooms 4 | Year Built 1899 |
| Type Multi-Family | Lot Size 0.1100 Acres | Taxes $14,079 |
| Units 4 | Stories 2 | Road Frontage 144 |
| Annual Income $0 | Style Apartment Building | Water Frontage |
| Annual Expenses $0 | Finished 3,884 Sqft | Construction No, Existing |
| Zoning Res - Multifamily | Above Grade 3,884 Sqft | Seasonal No |
| Total Rooms 9 | Below Grade 0 Sqft | List Date Jun 27th, 2022 |
