50 Bright Street Burlington, Vermont 05401

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

7-Bedroom Duplex in Burlington

Large 7-bedroom duplex in the desirable Old North End of Burlington. Downstairs 4-bedroom is tenant occupied - the upstairs 3-bedroom apartment will be vacant for closing. Great opportunity for an owner-occupier buyer to collect rent and start building equity. Investors will also love the potential strong cash flow and cap rate. Invest in Burlington!

Property Location

Property Details

MLS#  4935497 Bedrooms  7 Garage Size   Car
List Price  482,000 Total Bathrooms  0 Year Built  1899
Type  Multi-Family Lot Size  0.1500 Acres Taxes $8,888
Units  2 Stories  2 Road Frontage  
Annual Income  $51,600 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  Oct 31st, 2022
Gross Income  $51,600 Operating Expenses  $0 Net Income  $38,393
Expenses Includes 
Unit 1   4 Beds, Baths, $2,100/Monthly Unit 2   3 Beds, Baths, $0/Other
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 DescriptionYes, City Lot
Garage & Parking  No, ,
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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