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Invest in Burlington! This 5-bedroom duplex is perfect for an owner-occupier or investor. Less than a block to Battery Park and easy access to the bike path, Lake Champlain waterfront, and Church Street. The first-floor apartment, currently vacant, offers 3 bedrooms, hardwood floors, an enclosed porch, and has been freshly painted. The kitchen and bathroom are awaiting your renovations. The upstairs unit has been updated and offers a spacious 2-bedroom unit with an enclosed porch. Tenants pay their own heat, hot water, and electric. Shared laundry and storage in basement. Some off-street parking plus a cozy, easy to maintain yard. Situated on a one-way street with plenty of street parking.
Property Location
Property Details
Contract Date Mar 21st, 2023
MLS# 4945444
Bedrooms 5
Garage Size Car
List Price 499,000
Total Bathrooms 2
Year Built 1899
Type Multi-Family
Lot Size 0.0600 Acres
Taxes $8,636
Units 2
Stories 2
Road Frontage 41
Annual Income $53,400
Style Multi-Family
Water Frontage
Annual Expenses $0
Finished 1,742 Sqft
Construction No, Existing
Zoning RM
Above Grade 1,742 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Mar 13th, 2023
Gross Income $53,400
Operating Expenses $0
Net Income $39,299
Expenses Includes
Unit 1 3 Beds, 1 Baths, $0/Mo
Unit 2 2 Beds, 1 Baths, $1,750/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl, Clapboard
Disability Features
Foundation Brick, Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom North Street turn onto Park Street, property is on the right, third from the end.
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