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Unique 7 unit investment opportunity in Burlington. This property contains 6 townhouse style units and 1 single family home. Large parking area for all tenants. Fully rented and occupied. New roof in 2007. New appliances. Many recent upgrades. Could also be easy 7 unit condo conversion at $110 per sq. ft. to be sold at $180-$200 per sq. ft. †
Property Location
76 Ethan Allen Prk Burlington
Property Details
Sold Price $811,050
Sold Date Oct 2nd, 2008
MLS# 3056032
Bedrooms 21
Garage Size 12 Car
List Price 865,000
Total Bathrooms 13
Year Built 1988
Type Multi-Family
Lot Size 0.5300 Acres
Taxes $13,780
Units 6
Stories 2
Road Frontage 100
Annual Income $0
Style
Water Frontage
Annual Expenses $27,030
Finished 7,040 Sqft
Construction New Construction
Zoning Unknown
Above Grade 7,040 Sqft
Seasonal
Total Rooms 18
Below Grade 0 Sqft
List Date Jun 5th, 2008
Gross Income $0
Operating Expenses $27,030
Net Income $96,240
Expenses Includes
Unit 1 3 Beds, 2 Baths, 1,000 SqFt, $1,150/Mo
Unit 2 3 Beds, 2 Baths, 1,000 SqFt, $1,050/Mo
Unit 3 3 Beds, 2 Baths, 1,000 SqFt, $1,150/Mo
Unit 4 3 Beds, 2 Baths, 1,000 SqFt, $1,050/Mo
Unit 5 3 Beds, 2 Baths, 1,000 SqFt, $0/Mo
Unit 6 3 Beds, 2 Baths, 1,000 SqFt, $0/Mo
Unit 7 3 Beds, 1 Baths, 1,000 SqFt, $0/Mo
Construction
BasementApartments, Full, Slab
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation
House Color White
Floors Carpet,Hardwood
Building Certifications
Roof Shingle-Fiberglass
HERS Index
Directions
Lot DescriptionOther
Garage & Parking On Site
Road Frontage 100
Water Access
Driveway Gravel
Water Type
Flood Zone
Water Body
Zoning Unknown
School District NA
Middle Lyman C. Hunt Middle School
Elementary J. J. Flynn School
High Burlington High School
Heat Fuel Oil
Excluded
Heating/Cool
Negotiable
Sewer Public
Parcel Access ROW No
Water Public
ROW for Other Parcel No
Water Heater Oil
Financing Conventional, FHA
Cable Co Comcast
Documents Lease Agreements
Electric
Tax ID
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† The remarks published on this webpage originate from Listed By Robert Foley of Flat Fee Real Estate 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.