39-41 King Street Burlington, Vermont 05401

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For Sale Status
$850,000 List Price
Multi Type
9 Beds
4 Baths
3,884 Sqft
Listed By Nancy Warren of Four Seasons Sotheby's Int'l Realty
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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
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $800/Monthly Unit 2   2 Beds, 1 Baths, $1,800/Monthly
Unit 3   3 Beds, 1 Baths, $1,100/Monthly Unit 4   3 Beds, 1 Baths, $1,400/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Axle House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt, Slate, Metal, Membrane HERS Index  
Directions
Lot Description, Corner, Curbing, Street Lights
Garage & Parking  No, ,
Road Frontage  144 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res - Multifamily
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Domestic Financing  
Cable Co   Documents  
Electric   Tax ID  114-035-16972
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† The remarks published on this webpage originate from Listed By Nancy Warren of Four Seasons Sotheby\'s Int\'l Realty 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.