86-88 Grant Street Burlington, Vermont 05401 MLS# 4760294

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Sold Status

$535,000 Sold Price

Multi Type

7 Beds

3 Baths

2,720 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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Burlington

86-88 Grant Street

Less than 3 blocks from the top of Church Street, this Triplex is well located! Burlington is home to the best restaurants, shopping, employment opportunities and colleges. Tenants are drawn to this downtown location with ample parking and unsurpassed convenience. The property offers a 4 Bedroom, 2, Bedroom, and 1 Bedroom apartment, plus a LARGE 2 story garage with phenomenal storage and workshop space. Whether it’s your first income property or an addition to your portfolio, this Multi Family property is the perfect chance to invest in the heart of downtown Burlington.

Property Location

86-88 Grant Street Burlington

Property Details

Sold Price  $535,000 Sold Date  Aug 19th, 2019
MLS#  4760294 Bedrooms  7 Garage Size  2 Car
List Price  535,000 Total Bathrooms  3 Year Built  1910
Type  Multi-Family Lot Size  0.1800 Acres Taxes $10,235
Units  3 Stories  2 Road Frontage  
Annual Income  $63,900 Style  Multi-Family Water Frontage  
Annual Expenses  $19,549 Finished  2,720 Sqft Construction  No, Existing
Zoning   RM Above Grade  2,720 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Jun 21st, 2019
Gross Income  $63,900 Operating Expenses  $19,549 Net Income  $44,351
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,375/Monthly Unit 2   1 Beds, 1 Baths, $1,000/Monthly
Unit 3   4 Beds, 1 Baths, $2,700/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Pearl Street, head North on North Union (one-way) and then turn left on Grant Street. Property is on the right.
Lot Description, City Lot
Garage & Parking  Yes, Storage Above, , Off Street, Garage
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Electric, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Tank Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15446
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