Under Contract Status
$479,000 List Price
Multi Type
2 Beds
2 Baths
1,216 Sqft
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Burlington
Downtown Burlington Duplex
This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and separate utilities. Additional perks include storage in the basement, some off-street parking, and resident-only street parking. Enjoy easy access to a corner convenience store, the police station, city parks, and the Church Street Marketplace. Whether you're looking to occupy one unit while renting out the other, or seeking a solid investment opportunity, this duplex is ideal!
Cooperation Fee - 2.5%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
Contract Date Aug 27th, 2024 | ||
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List Price 479,000 | Bedrooms 2 | Garage Size Car |
Cooperation Fee 2.5% | Total Bathrooms 2 | Year Built 1920 |
MLS# 5008557 | Lot Size 0.04 Acres | Taxes $7,990 |
Type Multi-Family | Days on Market 36 Days | Tax Year 2024 |
Units 2 | Stories 2 | Road Frontage 35 |
Annual Income $41,400 | Style | Water Frontage |
Annual Expenses $0 | Finished 1,216 Sqft | Construction No, Existing |
Zoning RH | Above Grade 1,216 Sqft | Seasonal No |
Total Rooms 2 | Below Grade 0 Sqft | List Date Aug 7th, 2024 |