50 Bright Street Burlington, Vermont 05401

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For Sale Status
$482,000 Price
Multi Type
7 Beds
0 Baths
2,005 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman
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NMLS# 446767

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Burlington

Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Great Multi Family

Located on Bright Street in the desirable Old North End of Burlington. A duplex with one four bedroom apartment and one three bedroom apartment. Strong financials, attractive cap rate, and tenants pay utilities. Invest in Burlington!

Property Location

Property Details

MLS#  4857930 Bedrooms  7 Garage Size  1 Car
List Price  482,000 Total Bathrooms  0 Year Built  1899
Type  Multi-Family Lot Size  0.1500 Acres Taxes $9,260
Units  2 Stories  2 Road Frontage  
Annual Income  $48,900 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,005 Sqft Construction  No, Existing
Zoning   RMU Above Grade  2,005 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Apr 28th, 2021
Gross Income  $48,900 Operating Expenses  $0 Net Income  $34,338
Expenses Includes 
Unit 1   4 Beds, Baths, $2,100/Monthly Unit 2   3 Beds, Baths, $1,975/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Other HERS Index  
DirectionsFrom Main Street, take South Willard Street, left onto Archibald Street, right onto Bright Street, property is on the right.
Lot Description, City Lot
Garage & Parking  Yes, ,
Road Frontage   Water Access  
Driveway  Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  RMU
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  
Electric  On-Site Tax ID  114-035-14133
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