Sold Status
$735,000 Sold Price
Multi Type
8 Beds
6 Baths
4,325 Sqft
Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By Four Seasons Sotheby's Int'l Realty
Sold By Four Seasons Sotheby's Int'l Realty
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Burlington
Perched above Winooski on the Burlington side of the river, this 2 building, 6 unit property is perfect to jump start your investment in Burlington real estate. In these desirable apartments, tenants enjoy hardwood floors, off-street parking, and the relaxing shade of the covered porches. These well maintained units are fully rented, close to colleges, hospital, and a stone's throw from vibrant Winooski Circle.
Property Location
81-89 Chase Street Burlington
Property Details
| Sold Price $735,000 | Sold Date Oct 1st, 2018 | |
|---|---|---|
| List Price 749,500 | Bedrooms 8 | Garage Size 2 Car |
| Cooperation Fee Unknown | Total Bathrooms 6 | Year Built 1899 |
| MLS# 4706268 | Lot Size 0.24 Acres | Taxes $13,853 |
| Type Multi-Family | Days on Market 2903 Days | Tax Year 2018 |
| Units 6 | Stories 2 | Road Frontage |
| Annual Income $0 | Style Multi-Family | Water Frontage |
| Annual Expenses $27,884 | Finished 4,325 Sqft | Construction No, Existing |
| Zoning RL | Above Grade 4,325 Sqft | Seasonal No |
| Total Rooms 8 | Below Grade 0 Sqft | List Date Jul 12th, 2018 |
| Gross Income $0 | Operating Expenses $27,884 | Net Income $87,000 |
|---|
| Expenses Includes |
|---|
| Unit 1 1 Beds, 1 Baths, $1,135/Mo | Unit 2 1 Beds, 1 Baths, $1,135/Mo |
|---|---|
| Unit 3 1 Beds, 1 Baths, $1,120/Mo | Unit 4 1 Beds, 1 Baths, $1,135/Mo |
| Unit 5 2 Beds, 1 Baths, $0/Mo | Unit 6 2 Beds, 1 Baths, $0/Mo |
| ConstructionWood Frame |
|---|
| BasementInterior, Unfinished |
| Interior Features |
| Exterior Features |
| Exterior Vinyl Siding | Disability Features |
|---|---|
| Foundation Stone | House Color Grey |
| Floors Vinyl, Carpet, Hardwood | Building Certifications |
| Roof Slate, Metal | HERS Index |
| DirectionsFrom Burlington, come down the hill on Colchester Avenue, right on Chase Street. 81-89 is at the end on the corner with Grove Street. Parking available on Chase Street. |
|---|
| Lot DescriptionYes, City Lot |
| Garage & Parking Yes, , , 6+ Parking Spaces, Off Street |
| Road Frontage | Water Access |
|---|---|
| Driveway Gravel | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning RL |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Direct Vent, Hot Air | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Tank | Financing |
| Cable Co Comcast; BTC | Documents |
| Electric Circuit Breaker | Tax ID 114-035-14199 |
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