Sold Status
$1,010,000 Sold Price
Multi Type
10 Beds
3 Baths
3,140 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Flat Fee Real Estate
Sold By Flat Fee Real Estate
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Burlington
Triplex with 10 bedrooms on a corner lot with 2 driveways and plenty of parking. Set in the heart of Burlington, close to UVM, the hospital, and downtown. Prime student rental location. All units are fully rented for 2024-2025.
Property Location
51 Loomis Street Burlington
Property Details
| Sold Price $1,010,000 | Sold Date Apr 25th, 2024 | |
|---|---|---|
| List Price 1,050,000 | Bedrooms 10 | Garage Size Car |
| Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 1899 |
| MLS# 4983444 | Lot Size 0.11 Acres | Taxes $16,565 |
| Type Multi-Family | Days on Market 877 Days | Tax Year 2023 |
| Units 3 | Stories 1/2/1900 | Road Frontage |
| Annual Income $96,180 | Style Multi-Family | Water Frontage |
| Annual Expenses $0 | Finished 3,140 Sqft | Construction No, Existing |
| Zoning RM | Above Grade 3,140 Sqft | Seasonal No |
| Total Rooms 10 | Below Grade 0 Sqft | List Date Jan 29th, 2024 |
| Gross Income $96,180 | Operating Expenses $0 | Net Income $68,127 |
|---|
| Expenses Includes |
|---|
| Unit 1 4 Beds, 1 Baths, $2,940/Monthly | Unit 2 5 Beds, 1 Baths, $3,675/Monthly |
|---|---|
| Unit 3 1 Beds, 1 Baths, $1,500/Monthly |
| ConstructionWood Frame |
|---|
| BasementWalk-up, Unfinished |
| Interior Features |
| Exterior Features |
| Exterior Aluminum | Disability Features |
|---|---|
| Foundation Brick, Stone | House Color |
| Floors | Building Certifications |
| Roof Slate | HERS Index |
| DirectionsTriplex is on the corner of Loomis Street & Greene Street. |
|---|
| Lot Description |
| Garage & Parking No |
| Road Frontage | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning RM |
| School District Burlington School District | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Hot Water | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Owned | Financing |
| Cable Co | Documents |
| Electric Circuit Breaker | Tax ID 114-035-15843 |
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