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3 unit building in the heart of Downtown Burlington. Well maintained units. Two units currently owner occupied. 7.5% cap rate. Numbers based on projected rents. †
Property Location
76 King Street Burlington
Property Details
Sold Price $350,000
Sold Date Dec 6th, 2012
MLS# 4010074
Bedrooms 5
Garage Size 0 Car
List Price 370,000
Total Bathrooms 3
Year Built 1910
Type Multi-Family
Lot Size 0.0500 Acres
Taxes $6,524
Units 3
Stories 2
Road Frontage 90
Annual Income $0
Style Historic District
Water Frontage
Annual Expenses $9,741
Finished 2,178 Sqft
Construction Existing
Zoning 0
Above Grade 2,178 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Jul 5th, 2010
Gross Income $0
Operating Expenses $9,741
Net Income $39,600
Expenses Includes
Unit 1 1 Beds, 1 Baths, $700/Mo
Unit 2 2 Beds, 1 Baths, $1,400/Mo
Unit 3 2 Beds, 1 Baths, $1,000/Mo
ConstructionWood Frame
BasementBulkhead
Interior Features
Exterior Features
Exterior Clapboard
Disability Features
Foundation Brick, Concrete
House Color
Floors
Building Certifications
Roof Shingle-Asphalt
HERS Index
Directions
Lot DescriptionCity Lot
Garage & Parking
Road Frontage 90
Water Access
Driveway None
Water Type
Flood Zone No
Water Body
Zoning 0
School District NA
Middle Edmunds Middle School
Elementary Edmunds Elementary School
High Burlington High School
Heat Fuel Electric, Gas-Natural
Excluded
Heating/Cool Baseboard, Direct Vent, Hot Air, Multi Zone
Negotiable
Sewer Public
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Gas-Natural
Financing
Cable Co
Documents
Electric 220 Plug
Tax ID 11403516922
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† The remarks published on this webpage originate from Listed By Brian Libby of KW Vermont 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.