Back to Search ResultsSold Status
$405,000 Sold Price
Multi Type
4 Beds
2 Baths
1,722 Sqft
Sold By Yellow Sign Commercial
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Burlington
Price Reduced! Fabulously located duplex between Colleges, Hospital and downtown Burlington. Large units, 5+ car off street parking. Walk up third floor offers expansion potential or storage. Owner in process of increasing income to market rents per attached projections to generate 7+% CAP Rate. Many upgrades, could make a sweet owner occupied property as well. †
Property Location
Property Details
| Sold Price $405,000 | Sold Date May 30th, 2014 | |
|---|---|---|
| MLS# 4338313 | Bedrooms 4 | Garage Size 2 Car |
| List Price 423,000 | Total Bathrooms 2 | Year Built 1899 |
| Type Multi-Family | Lot Size 0.1300 Acres | Taxes $7,045 |
| Units 2 | Stories 2 | Road Frontage |
| Annual Income $0 | Style Tudor | Water Frontage |
| Annual Expenses $12,039 | Finished 1,722 Sqft | Construction No, Existing |
| Zoning RH | Above Grade 1,722 Sqft | Seasonal No |
| Total Rooms 4 | Below Grade 0 Sqft | List Date Feb 21st, 2014 |
| Gross Income $0 | Operating Expenses $12,039 | Net Income $33,000 |
|---|
| Expenses Includes |
|---|
| Unit 1 2 Beds, 1 Baths, 1,082 SqFt, $1,350/Mo | Unit 2 2 Beds, 1 Baths, 640 SqFt, $1,400/Mo |
|---|---|
| ConstructionWood Frame |
|---|
| BasementUnfinished, Sump Pump, Bulkhead, Full |
| Interior Features |
| Exterior Features |
| Exterior Clapboard | Disability Features |
|---|---|
| Foundation Stone | House Color green |
| Floors Vinyl, Hardwood | Building Certifications |
| Roof Slate | HERS Index |
| DirectionsFrom South Union Street, right on Buell, on the right. |
|---|
| Lot DescriptionCity Lot |
| Garage & Parking Yes, Garage, 5-10 Spaces |
| Road Frontage | Water Access |
|---|---|
| Driveway Paved, Gravel | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning RH |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel Gas-Natural | Excluded |
|---|---|
| Heating/Cool Baseboard, Hot Water | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Owned | Financing Conventional |
| Cable Co | Documents Deed, Property Disclosure |
| Electric Circuit Breaker | Tax ID 11403515535 |
† The remarks published on this webpage originate from Listed By Mike Conroy of KW Vermont 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.
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