57-59 Lakeside Avenue Burlington, Vermont 05401

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For Sale Status
$719,000 Price
Multi Type
4 Beds
4 Baths
2,352 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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NMLS# 446767

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Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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BTV Triplex Blocks To The Beach

Recently updated 3 unit apartment building located directly across from South End's new class A Hula tech campus in the coveted Lakeside neighborhood and 300 feet from the beach! Excellent owner-occupied opportunity with Airbnb or short term rental potential! Originally constructed and managed by the Queen City Cotton Company for its employees, the entire neighborhood is now one of the most convenient and desirable locations in Burlington. The building was stripped to the studs and totally renovated in 2004 with upgrades to electrical, heating, and plumbing systems. The property includes three units: a 2-bedroom and two 1-bedroom apartments, off street parking, lovely private porches, and a detached garage. Easy access to downtown via the Bike Path or Pine Street and a few steps to the Burlington Surf Club, Oakledge and Lakeside Park, Blanchard Beach, and St. John's Club. Building lot to the East with detached garage not included in this listing. With significant upsides on rent, it's the perfect time to invest in one of the most exciting neighborhoods in Burlington!

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Property Details

MLS#  4850405 Bedrooms  4 Garage Size  2 Car
List Price  719,000 Total Bathrooms  4 Year Built  1899
Type  Multi-Family Lot Size  0.1600 Acres Taxes $7,368
Units  3 Stories  2 Road Frontage  50
Annual Income  $0 Style  Multi-Family, Historic District Water Frontage  
Annual Expenses  $0 Finished  2,352 Sqft Construction  No, Existing
Zoning   RLW Above Grade  2,352 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Mar 11th, 2021
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,500/Monthly Unit 2   1 Beds, 1 Baths, $0/Mo
Unit 3   2 Beds, 2 Baths, $2,050/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Bulkhead, Full
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  Grey
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom Pine Street, head west toward the lake on Lakeside Avenue. Property is on the left.
Lot Description, City Lot, Neighborhood
Garage & Parking  Yes, , , Off Street
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RLW
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Champlain Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-18353