48 Monroe Street Burlington, Vermont 05401 MLS# 4950374

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Under Contract Status

$647,500 List Price

Multi Type

6 Beds

3 Baths

2,990 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street
48 Monroe Street

Burlington Triplex

Iconic brick triplex in the heart of downtown Burlington offering bright and spacious apartments with original woodwork including hardwood floors and built-ins. Covered porches for tenants to enjoy some outdoor space. Separate utilities, coin-op laundry in the basement, plus plenty of off-street parking. Tenants love the location near Church Street Marketplace and only two blocks from Battery Park and the Lake Champlain waterfront!

Property Location

48 Monroe Street Burlington

Property Details

Contract Date  May 8th, 2023
MLS#  4950374 Bedrooms  6 Garage Size   Car
List Price  647,500 Total Bathrooms  3 Year Built  1899
Type  Multi-Family Lot Size  0.1200 Acres Taxes $11,440
Units  3 Stories  1/2/1900 Road Frontage  66
Annual Income  $43,470 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,990 Sqft Construction  No, Existing
Zoning   RH Above Grade  2,990 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Apr 28th, 2023
Gross Income  $43,470 Operating Expenses  $0 Net Income  $22,477
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $1,425/Monthly Unit 2   2 Beds, 1 Baths, $1,225/Monthly
Unit 3   1 Beds, 1 Baths, $913/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Brick Disability Features  
Foundation  Brick, Stone House Color  Brick
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsOff of North Champlain Street, turn onto Monroe, second property on left.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  66 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14922