512-514 St. Paul Street Burlington, Vermont 05401 MLS# 4892398

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Sold Status

$550,000 Sold Price

Multi Type

4 Beds

2 Baths

2,793 Sqft

Listed By Geri Reilly of Geri Reilly Real Estate
Sold By Yellow Sign Commercial
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512-514 St. Paul Street

Don't miss out on this charming duplex located in the heart of Burlington. Each unit has 2 bedrooms, one bathroom, plus an office. The upstairs unit has been renovated and ready for immediate occupancy. 1st floor unit has long term tenants with a lease until 04/30/2022. This unit needs some TLC. Full basement goes with 1st floor unit. Attached carport with lots of potential. Landlord pays hot water, heat, and electric for common laundry. Plenty of parking, minutes to Church Street marketplace, Lake Champlain and downtown amenities. †

Property Location

512-514 St. Paul Street Burlington

Property Details

Sold Price  $550,000 Sold Date  Feb 11th, 2022
MLS#  4892398 Bedrooms  4 Garage Size  2 Car
List Price  500,000 Total Bathrooms  2 Year Built  1899
Type  Multi-Family Lot Size  0.1400 Acres Taxes $12,858
Units  2 Stories  2 Road Frontage  58
Annual Income  $47,400 Style  Duplex, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,793 Sqft Construction  No, Existing
Zoning   R-2 Above Grade  2,793 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Dec 3rd, 2021
Gross Income  $47,400 Operating Expenses  $0 Net Income  $25,582
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 1,365 SqFt, $1,950/Monthly Unit 2   2 Beds, 1 Baths, 1,428 SqFt, $2,000/Monthly
ConstructionWood Frame
BasementInterior, Storage Space, Unfinished, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Aluminum Disability Features  
Foundation  Stone House Color  
Floors  Tile, Hardwood Building Certifications  
Roof  Slate, Metal, Membrane HERS Index  
DirectionsFrom old Rotary, take St Paul Street, property on right.
Lot DescriptionNo, Landscaped, City Lot, Sidewalks, Near Bus/Shuttle
Garage & Parking  Yes, Unassigned, , Driveway
Road Frontage  58 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R-2
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Steam, Multi Zone Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Owned, Gas-Natural Financing  
Cable Co  Burlington Telecom Documents  Property Disclosure, Lease Agreements, Deed, Tax Map
Electric  Circuit Breaker Tax ID  114-035-18397
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† The remarks published on this webpage originate from Listed By Geri Reilly of Geri Reilly Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.