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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
MLS# 4706268
Bedrooms 8
Garage Size 2 Car
List Price 749,500
Total Bathrooms 6
Year Built 1899
Type Multi-Family
Lot Size 0.2400 Acres
Taxes $13,853
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
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