74-76 George Street Burlington, Vermont 05401

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For Sale Status
$995,000 Price
Multi Type
8 Beds
6 Baths
3,342 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman
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NMLS# 446767

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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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4 Unit in Downtown Burlington

Great opportunity to acquire a 4 unit multi-family in the heart of downtown Burlington. Fully rented and updated apartments. Great mix of studio, one, and two bedroom apartments.

• Significant interior updates
• Strong financials
• Very nice apartments
• Fully occupied
• So close to downtown
• Turn key - well maintained

Property Location

Property Details

MLS#  4868647 Bedrooms  8 Garage Size   Car
List Price  995,000 Total Bathrooms  6 Year Built  1910
Type  Multi-Family Lot Size  0.0600 Acres Taxes $17,814
Units  6 Stories  2 Road Frontage  
Annual Income  $102,240 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,342 Sqft Construction  No, Existing
Zoning   RH Above Grade  3,342 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Jun 24th, 2021
Gross Income  $102,240 Operating Expenses  $0 Net Income  $73,933
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,465/Monthly Unit 2   1 Beds, 1 Baths, $1,230/Monthly
Unit 3   2 Beds, 1 Baths, $1,650/Monthly Unit 4   1 Beds, 1 Baths, $1,150/Monthly
Unit 5   2 Beds, 1 Baths, $1,660/Monthly Unit 6   1 Beds, 1 Baths, $1,330/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  Grey
Floors   Building Certifications  
Roof  Slate, Flat HERS Index  
DirectionsCorner of Peru Street & George Street.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Gravel, Common/Shared Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  NA Middle  
Elementary   High  
Heat Fuel  , Gas-Natural Excluded  
Heating/Cool  None, Baseboard, Wall Units, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  Yes
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14969
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