6-10 Greene Street Burlington, Vermont 05401 MLS# 4717595

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Sold Status

$1,430,000 Sold Price

Multi Type

18 Beds

7 Baths

5,037 Sqft

Listed By Nancy Warren of Four Seasons Sotheby's Int'l Realty
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman
✉ 🖶

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6-10 Greene Street

Located in the heart of Burlington, Vermont this 6 unit apartment is a great investment opportunity. Greene Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential street, this 3-story house offers six 3-bedroom apartments for rent. All apartments include spacious living rooms, plenty of outdoor living space, and large bedrooms. Well maintained by the current owner, this is a turn-key income generating property. Each unit is separately metered with laundry in basement for added income. 0% vacancy rate since 2013. †

Property Location

6-10 Greene Street Burlington

Property Details

Sold Price  $1,430,000 Sold Date  Jan 9th, 2020
MLS#  4717595 Bedrooms  18 Garage Size   Car
List Price  1,495,000 Total Bathrooms  7 Year Built  1899
Type  Multi-Family Lot Size  0.0900 Acres Taxes $28,017
Units  6 Stories  3 Road Frontage  46
Annual Income  $161,220 Style  Other Water Frontage  
Annual Expenses  $0 Finished  5,037 Sqft Construction  No, Existing
Zoning   TBD Above Grade  5,037 Sqft Seasonal  No
Total Rooms  18 Below Grade  0 Sqft List Date  Sep 10th, 2018
Gross Income  $161,220 Operating Expenses  $0 Net Income  $124,787
Expenses Includes 
Unit 1   3 Beds, 2 Baths, 840 SqFt, $2,025/Monthly Unit 2   3 Beds, 1 Baths, 840 SqFt, $2,025/Monthly
Unit 3   3 Beds, 1 Baths, 840 SqFt, $2,025/Monthly Unit 4   3 Beds, 1 Baths, 840 SqFt, $2,250/Monthly
Unit 5   3 Beds, 1 Baths, 840 SqFt, $2,250/Monthly Unit 6   3 Beds, 1 Baths, 840 SqFt, $2,205/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior  Asphalt Disability Features  
Foundation  Brick, Concrete, Stone House Color  
Floors   Building Certifications  
Roof  Membrane HERS Index  
DirectionsPearl Street onto Greene Street, property on right.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  46 Water Access  
Driveway  None Water Type  
Flood Zone  Unknown Water Body  
Zoning  TBD
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  
Electric  220 Plug, Circuit Breaker Tax ID  114-035-16090
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† The remarks published on this webpage originate from Listed By Nancy Warren of Four Seasons Sotheby\'s Int\'l Realty via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.