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58-62 North Union Street Burlington, Vermont 05401

$1,600,000 Price
Multi Type
11 Beds
8 Baths
6,008 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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Welcome Home!Welcome Home!
58-60 North Union58-60 North Union
Studio ApartmentStudio Apartment
Spacious StudioSpacious Studio
Hardwood FloorsHardwood Floors
Bright RoomsBright Rooms
Lots of CabinetsLots of Cabinets
Spacious Living RoomSpacious Living Room
Another StudioAnother Studio
LaundryLaundry
2 BR Unit with a Great Layout2 BR Unit with a Great Layout
Full BathroomFull Bathroom
Great Windows in this BedroomGreat Windows in this Bedroom
Full BathroomFull Bathroom
Galley KitchenGalley Kitchen
Hallway of 7 Unit BuildingHallway of 7 Unit Building
Rear Parking LotRear Parking Lot
Driveway and Rear of TriplexDriveway and Rear of Triplex
Rear of 7 UnitRear of 7 Unit

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Property Location

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Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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Burlington

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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Burlington 10 Unit

Turn-key, 10-unit downtown Burlington investment opportunity. 2 buildings consisting of a 7 unit Multi Family and 3 unit Multi Family being sold together. Fully occupied in a terrific location with off-street parking. Great rentals with a mix of studios, one, two, and three bedroom apartments. Desirable location close to colleges, hospital, and downtown Burlington!

Essentials

MLS#  4734193Bedrooms  11Garage Size   Car
List Price  1,600,000Total Bathrooms  8Year Built  1992
Type  Multi-FamilyLot Size  0.2000 AcresTaxes $29,476
Units  10Stories  2Road Frontage  87
Annual Income  $146,340Style  Multi-FamilyWater Frontage  
Annual Expenses  $47,598Finished  6,008 SqftConstruction  No, Existing
Zoning   RMAbove Grade  6,008 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Jan 25th, 2019

Expenses

Total Expenses  $47,598Insurance  $4,680
Water & Sewer  $3,010Taxes  $29,475
Trash  $2,252Miscellaneous  $1,000
Maintenance  $3,000 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   3 Beds, 1 Baths, 0 SqFt, $2,175/Mo Unit 2   2 Beds, 1 Baths, 0 SqFt, $1,475/Mo
Unit 3   1 Beds, 1 Baths, 0 SqFt, $950/Mo Unit 4   1 Beds, 1 Baths, 0 SqFt, $1,150/Mo
Unit 5   1 Beds, 1 Baths, 0 SqFt, $0/Mo Unit 6   1 Beds, 1 Baths, 0 SqFt, $0/Mo
Unit 7   1 Beds, 1 Baths, 0 SqFt, $0/Mo Unit 8   1 Beds, 1 Baths, 0 SqFt, $0/Mo

Building/Construction

ConstructionWood Frame
BasementInterior, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  VinylDisability Features  
Foundation  StoneHouse Color  Cream
Floors  Building Certifications  
Roof  Slate, Shingle-Asphalt HERS Index  

Property

Lot Description, City Lot
Garage & Parking  No, , , 5-10 Spaces, Off Street
Road Frontage  87Water Access  
Driveway  ROWWater Type  
Flood Zone  UnknownWater Body  
Zoning  RM

Schools

School District  Burlington School DistrictMiddle  Assigned
Elementary  AssignedHigh  Burlington High School

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Baseboard, Wall Units, Hot AirNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  Yes
Water Heater  Gas-NaturalFinancing  
Cable Co  Documents  
Electric  Circuit BreakerTax ID  11403515501/11403515502
DirectionsFrom Pearl Street, head north on North Union Street past Pearl Street Beverage, building is on the right across from Grant Street.
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