484-488 South Union Street Burlington, Vermont 05401 MLS# 5029360


For Sale Status
$1,039,500 List Price
Multi Type
6 Beds
4 Baths
3,120 Sqft
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Burlington
Burlington Multi-Family
This exceptional multi-family property in the South End of Burlington includes two separate buildings on one lot. The front building is a triplex featuring two townhouse style 2-bedroom apartments and a 1-bedroom apartment on the top floor. At the rear of the property sits a stand-alone Sears Roebuck 1-bedroom cottage. The top-floor unit in the triplex has been remodeled and offers breathtaking views of Lake Champlain. The Sears Roebuck cottage boasts an open floor plan, creating a unique and inviting living space. Both buildings are in excellent condition with many recent updates. Features include hardwood floors, separate utilities (including water!), and ample paved parking. An ideal opportunity for owner-occupiers or investors seeking a prime addition to their portfolio.
Cooperation Fee - 2.5%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
List Price 1,039,500 | Bedrooms 6 | Garage Size Car |
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Cooperation Fee 2.5% | Total Bathrooms 4 | Year Built 1928 |
MLS# 5029360 | Lot Size 0.15 Acres | Taxes $17,193 |
Type Multi-Family | Days on Market 34 Days | Tax Year 2024 |
Units 4 | Stories 1/2/1900 | Road Frontage |
Annual Income $76,200 | Style | Water Frontage |
Annual Expenses $0 | Finished 3,120 Sqft | Construction No, Existing |
Zoning RM | Above Grade 3,120 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date Feb 13th, 2025 |