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Burlington Old North End duplex - a great way to enter the Burlington Multi-Family market. Live in one of the units or rent out both. With one 3 bedroom, one 2 bedroom unit, and additional income from leasing garage as storage space, this property offers many options to generate revenue. Prime location on a corner lot overlooking Roosevelt Park and across from the Chubby Muffin cafe. Just minutes from downtown Burlington, UVM, and the UVM Medical Center, this property offers a great location, off-street parking, and tremendous opportunity as an investment property. Showings start 11/29.
Property Location
83-85 Oak Street Burlington
Property Details
Sold Price $280,000
Sold Date Jan 25th, 2019
MLS# 4728830
Bedrooms 5
Garage Size 1 Car
List Price 280,000
Total Bathrooms 2
Year Built 1899
Type Multi-Family
Lot Size 0.0900 Acres
Taxes $5,883
Units 2
Stories 2
Road Frontage
Annual Income $36,600
Style Duplex
Water Frontage
Annual Expenses $9,506
Finished 1,456 Sqft
Construction No, Existing
Zoning RM
Above Grade 1,456 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Nov 26th, 2018
Gross Income $36,600
Operating Expenses $9,506
Net Income $27,094
Expenses Includes
Unit 1 3 Beds, 1 Baths, 849 SqFt, $0/Monthly
Unit 2 2 Beds, 1 Baths, 607 SqFt, $950/Monthly
Unit 3 0 Beds, 0 Baths, 629 SqFt, $300/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Stone
House Color White
Floors Vinyl, Hardwood
Building Certifications
Roof Slate
HERS Index
DirectionsFrom downtown Burlington, head North on North Union Street. When North Union crosses North Winooski, continue straight on Decatur Street, then right on Invervale Avenue, then left on Oak Street. 83-85 Oak Street is on the left across from Chubby Muffin.
Lot Description, City Lot
Garage & Parking Yes, Leased, , Off Street, Garage
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