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Burlington
Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...
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Rare opportunity to purchase a well maintained two building 18 apartment rental unit in downtown Burlington close to lake, shopping, colleges, and hospital. If you're looking for an investment property, don't miss this, as the building has been fully insulated by VT Gas in 2019 along with a long list of other recent improvements. †
Property Location
Property Details
| MLS# 4801559 | Bedrooms 0 | Garage Size 1 Car |
|---|---|---|
| List Price 2,150,000 | Total Bathrooms 0 | Year Built 1899 |
| Type Multi-Family | Lot Size 0.1500 Acres | Taxes $24,958 |
| Units 18 | Stories 3 | Road Frontage |
| Annual Income $158,539 | Style Apartment Building | Water Frontage |
| Annual Expenses $0 | Finished 10,240 Sqft | Construction No, Existing |
| Zoning Residential-high density | Above Grade 9,597 Sqft | Seasonal No |
| Total Rooms 0 | Below Grade 643 Sqft | List Date Apr 17th, 2020 |
| Gross Income $210,720 | Operating Expenses $0 | Net Income $158,539 |
|---|
| Expenses Includes |
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| ConstructionWood Frame |
|---|
| BasementInterior, Partially Finished |
| Interior Features |
| Exterior Features |
| Exterior Other | Disability Features |
|---|---|
| Foundation Brick, Stone | House Color White |
| Floors Vinyl | Building Certifications |
| Roof Shingle | HERS Index |
| DirectionsFrom Pearl St. take Elmwood Ave north, property will be on left on corner of Peru St. |
|---|
| Lot DescriptionUnknown, Corner, City Lot, Near Bus/Shuttle, Near Hospital |
| Garage & Parking Yes, , , Off Street, Off Street |
| Road Frontage | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning Residential-high density |
| School District Burlington School District | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Steam, Hot Air | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Tank, Owned, Gas-Natural | Financing |
| Cable Co | Documents |
| Electric Circuit Breaker | Tax ID 114-035-15369 |
† The remarks published on this webpage originate from Listed By Don Marcelino of The Marcelino Team 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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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07-07-2020.
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