Back to Search ResultsSold Status
$1,949,000 Sold Price
Multi Type
0 Beds
0 Baths
10,240 Sqft
Sold By Vermont Real Estate Company
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Burlington
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
| Sold Price $1,949,000 | Sold Date Oct 21st, 2021 | |
|---|---|---|
| MLS# 4801559 | Bedrooms 0 | Garage Size 1 Car |
| List Price 1,949,000 | Total Bathrooms 0 | Year Built 1899 |
| Type Multi-Family | Lot Size 0.1500 Acres | Taxes $26,242 |
| Units 18 | Stories 3 | Road Frontage |
| Annual Income $212,220 | 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 $212,220 | Operating Expenses $0 | Net Income $152,695 |
|---|
| Expenses Includes |
|---|
| 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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