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Looking to add to your investment portfolio? This 8-unit building in downtown Burlington might just be up your alley! Well maintained and fully-occupied apartments with lots of character, hardwood floors, some units with recent kitchen updates. Easy rentals with four 2-bedroom units and four studios. Coin-op laundry in basement plus some off-street parking. Just blocks from Church Street Marketplace, waterfront, colleges and hospital.
Property Location
57-59 Buell Street Burlington
Property Details
Sold Price $985,000
Sold Date Jan 24th, 2018
MLS# 4650106
Bedrooms 12
Garage Size Car
List Price 1,075,000
Total Bathrooms 8
Year Built 1910
Type Multi-Family
Lot Size 0.1000 Acres
Taxes $19,638
Units 8
Stories 3
Road Frontage 37
Annual Income $113,700
Style Apartment Building
Water Frontage
Annual Expenses $44,171
Finished 4,491 Sqft
Construction No, Existing
Zoning RH
Above Grade 4,491 Sqft
Seasonal No
Total Rooms 12
Below Grade 0 Sqft
List Date Jul 28th, 2017
Gross Income $113,700
Operating Expenses $44,171
Net Income $69,529
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,475/Monthly
Unit 2 2 Beds, 1 Baths, $1,475/Monthly
Unit 3 2 Beds, 1 Baths, $1,475/Monthly
Unit 4 2 Beds, 1 Baths, $1,475/Monthly
Unit 5 1 Beds, 1 Baths, $825/Monthly
Unit 6 1 Beds, 1 Baths, $850/Monthly
Unit 7 1 Beds, 1 Baths, $850/Monthly
Unit 8 1 Beds, 1 Baths, $875/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Stone
House Color White
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Main Street go north on North Willard Street, left onto Buell Street, property near bottom of hill on left.
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