5-7 Hickok Place Burlington, Vermont 05401 MLS# 4973023

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Sold Status

$1,350,000 Sold Price

Multi Type

12 Beds

4 Baths

4,846 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By KW Vermont

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5-7 Hickok Place

Prime student rental! New to the market, Burlington Triplex with three 4-bedroom apartments plus a 2-car garage. Large beautiful apartments, fully rented with leases through May 2025. Turn-key multi-family located in a vibrant student neighborhood between campus and downtown.

Property Location

5-7 Hickok Place Burlington

Property Details

Sold Price  $1,350,000 Sold Date  Nov 30th, 2023
MLS#  4973023 Bedrooms  12 Garage Size  2 Car
List Price  1,422,000 Total Bathrooms  4 Year Built  1905
Type  Multi-Family Lot Size  0.1100 Acres Taxes $20,356
Units  3 Stories  3 Road Frontage  
Annual Income  $125,640 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  4,846 Sqft Construction  No, Existing
Zoning   RM Above Grade  4,846 Sqft Seasonal  No
Total Rooms  12 Below Grade  0 Sqft List Date  Oct 5th, 2023
Gross Income  $125,640 Operating Expenses  $0 Net Income  $92,453
Expenses Includes 
Unit 1   4 Beds, 2 Baths, $4,000/Monthly Unit 2   4 Beds, 1 Baths, $3,800/Monthly
Unit 3   4 Beds, 1 Baths, $3,800/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard, Brick Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsNorth Union St to Hickok Place, property is second on right.
Lot Description, City Lot
Garage & Parking  Yes, ,
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15498