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Rare opportunity to invest in the Hill Section of Burlington. Offering 3 units with a cozy 1-bedroom, a 2-bedroom with private laundry and a 3-bedroom apartment on the 2nd level. All attractive units with unique features and nicely updated. The building is nestled on a corner lot with a 2-car garage and ample of parking. Separate utilities plus coin-op laundry in basement. Turn-key and ready for a new landlord! Tenants love the easy access to colleges, University of Vermont Medical Center, downtown and the waterfront. Delayed showings until 10/26. Be sure to view the interactive 3D tour!
Property Location
515-517 South Willard Street Burlington
Property Details
Sold Price $587,500
Sold Date Jan 6th, 2021
MLS# 4835405
Bedrooms 6
Garage Size 2 Car
List Price 599,000
Total Bathrooms 3
Year Built 1910
Type Multi-Family
Lot Size 0.1500 Acres
Taxes $10,648
Units 3
Stories 2
Road Frontage
Annual Income $58,800
Style Apartment Building, Multi-Family
Water Frontage
Annual Expenses $0
Finished 2,496 Sqft
Construction No, Existing
Zoning RLD
Above Grade 2,496 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date Oct 22nd, 2020
Gross Income $58,800
Operating Expenses $0
Net Income $41,154
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,150/Monthly
Unit 2 2 Beds, 1 Baths, $1,550/Monthly
Unit 3 3 Beds, 1 Baths, $2,200/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Block
House Color Green
Floors Laminate, Hardwood
Building Certifications
Roof Shingle
HERS Index
DirectionsFrom Main/South Willard Street, head toward Champlain College, building on corner of South Willard and Beech Street.
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