7-15 Cliff Street Burlington, Vermont - Sold in 2015

7-15 Cliff Street Burlington, Vermont 05401 MLS# 4398863

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Sold Status

$575,000 Sold Price

Multi Type

8 Beds

4 Baths

3,443 Sqft

Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By 802 Real Estate
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Burlington

7-15 Cliff Street

Rare 4 unit building with two 3-bedroom apartments, a one bedroom and a studio. Plenty of parking with 2 car garage. Great location close to downtown, Champlain College, UVM, Hospital, shops and restaurants. Solid financials with great upside!

Property Location

7-15 Cliff Street Burlington

Property Details

Sold Price  $575,000 Sold Date  Feb 27th, 2015
List Price  565,000 Bedrooms  8 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1899
MLS#  4398863 Lot Size  0.15 Acres Taxes $11,225
Type  Multi-Family Days on Market  4164 Days Tax Year
Units  4 Stories  2 Road Frontage  95
Annual Income  $45,600 Style  Other Water Frontage  1
Annual Expenses  $17,488 Finished  3,443 Sqft Construction  No, Existing
Zoning   RL Above Grade  3,443 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Jan 9th, 2015
Gross Income  $45,600 Operating Expenses  $17,488 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $1,100/Monthly Unit 2   3 Beds, 1 Baths, $1,350/Monthly
Unit 3   1 Beds, 1 Baths, $500/Monthly Unit 4   1 Beds, 1 Baths, $850/Monthly
ConstructionWood Frame
Basement, Interior Stairs, Bulkhead
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  Green
Floors  Bamboo, Carpet, Vinyl, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsHead North on South Union Street, turn right on Cliff Street, 1st building on the right.
Lot Description, Near Bus/Shuttle
Garage & Parking  Yes, Garage, Assigned, Garage
Road Frontage  95 Water Access  
Driveway  Gravel, Concrete Water Type  
Flood Zone  No Water Body  
Zoning  RL
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  , Hot Water, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  Yes
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  , Conventional
Cable Co   Documents  Property Disclosure, Other, Lease Agreements, Deed
Electric  Circuit Breaker Tax ID  114-035-18022
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