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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 Steve Lipkin of Coldwell Banker Hickok & Boardman Realty

Previous photosNext photos
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
2BR Unit with a Great Layout2BR 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
62 North Union62 North Union
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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