58-62 North Union Street Burlington, Vermont 05401 MLS# 5020997
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$1,895,000 List Price
Multi Type
11 Beds
7 Baths
6,008 Sqft
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Burlington
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history. †
Property Location
Property Details
List Price 1,895,000 | Bedrooms 11 | Garage Size Car |
---|---|---|
Cooperation Fee Unknown | Total Bathrooms 7 | Year Built 1992 |
MLS# 5020997 | Lot Size 0.2 Acres | Taxes $33,550 |
Type Multi-Family | Days on Market 37 Days | Tax Year 2024 |
Units 10 | Stories 2 | Road Frontage 87 |
Annual Income $189,300 | Style Near Shopping | Water Frontage |
Annual Expenses $0 | Finished 6,008 Sqft | Construction No, Existing |
Zoning Res- Medium Intensity | Above Grade 6,008 Sqft | Seasonal No |
Total Rooms 11 | Below Grade 0 Sqft | List Date Nov 4th, 2024 |