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Invest in this Burlington 2 building, 9 bedroom compound! Situated on a large lot with plenty of parking plus lots of green space, all only a few blocks to UVM/Medical Center and Winooski. All 3 apartments consist of 3 bedrooms, 1 bath and laundry, with all separate utilities. Minutes to colleges, Burlington and Winooski restaurants. Easy rentals with a 9%+ cap rate makes this property an excellent investment. Won't last long!
Property Location
79 Chase Street Burlington
Property Details
Sold Price $455,000
Sold Date Sep 7th, 2016
MLS# 4472506
Bedrooms 9
Garage Size 0 Car
List Price 465,000
Total Bathrooms 3
Year Built 1927
Type Multi-Family
Lot Size 0.4100 Acres
Taxes $8,165
Units 3
Stories 2
Road Frontage 110
Annual Income $0
Style Other
Water Frontage
Annual Expenses $14,117
Finished 2,636 Sqft
Construction No, Existing
Zoning RL
Above Grade 2,636 Sqft
Seasonal No
Total Rooms 9
Below Grade 0 Sqft
List Date Feb 22nd, 2016
Gross Income $0
Operating Expenses $14,117
Net Income $57,600
Expenses Includes
Unit 1 3 Beds, 1 Baths, $1,500/Mo
Unit 2 3 Beds, 1 Baths, $1,500/Mo
Unit 3 3 Beds, 1 Baths, $1,800/Mo
ConstructionWood Frame
BasementUnfinished, Interior Stairs
Interior Features
Exterior Features
Exterior Wood, Other
Disability Features
Foundation Brick, Stone
House Color Blue
Floors Vinyl, Carpet, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsColchester Avenue toward Winooski, right onto Chase Street, property on right.
Lot DescriptionCity Lot
Garage & Parking No, 6+ Parking Spaces, Off Street, On Site
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