12 East Terrace South Burlington, Vermont - Sold in 2016

12 East Terrace South Burlington, Vermont 05403 MLS# 4482309

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Sold Status

$296,750 Sold Price

House Type

4 Beds

2 Baths

1,800 Sqft

Listed By of Preferred Properties - Off: 802-862-9106
Sold By
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South Burlington

12 East Terrace

This home has HUGE potential to be a great family home or an investment property with such easy access to UVM and the UVM Medical Center. Over the last 2 years this has been a home for medical students at $2,750/month and has a management company in place. In fact, this home is so attractive to renters that it always goes quickly. And will sell quickly with a 9+% CAP rate.This spacious, well maintained home is located on a huge, private lot. You'll love the eat in kitchen that is flooded with natural light. The open floor plan is perfect for entertaining and spending time with family and friends. The detached 1 car garage and additional storage shed is plenty of space for summer recreation toys and lawn items. The heating and electrical systems are all in good working condition and the property meets all rental rules and guidelines.

Property Location

12 East Terrace South Burlington

Property Details

Sold Price  $296,750 Sold Date  Jun 3rd, 2016
List Price  $275,000 Total Rooms  7 List Date  Apr 9th, 2016
Cooperation Fee  Unknown Lot Size  0.22 Acres Taxes $3,914
MLS#  4482309 Days on Market  3729 Days Tax Year 2016
Type  House Stories  1 Road Frontage  0
Bedrooms  4 Style  Ranch Water Frontage  
Full Bathrooms  1 Finished  1,800 Sqft Construction  Existing
3/4 Bathrooms  1 Above Grade  1,000 Sqft Seasonal  No
Half Bathrooms  0 Below Grade  800 Sqft Year Built  1963
1/4 Bathrooms  0 Garage Size  1 Car County  Chittenden
Interior FeaturesSmoke Det-Hdwired w/Batt, Living/Dining, 1 Fireplace, Dining Area, Laundry Hook-ups, Fireplace-Gas, Kitchen/Dining, Cable Internet
Equipment & AppliancesCook Top-Gas, Dishwasher, Washer, Microwave, Range-Gas, Dryer, Refrigerator, Air Conditioner, Smoke Detector, Gas Heater
Kitchen 16'x10', 1st Floor Living Room 25'x15', Family Room 23'x11'2", Basement
Office/Study 17'x11'4", Basement Utility Room 10'x11'2", Basement Primary Bedroom 15'x10', 1st Floor
Bedroom 13'x11, 1st Floor Bedroom 13'x11'6", 1st Floor
ConstructionExisting
BasementInterior, Finished, Sump Pump, Concrete, Storage Space, Interior Stairs, Full, Partially Finished
Exterior FeaturesOut Building
Disability Features
Foundation  Concrete House Color  Grey
Floors  Vinyl, Tile, Hardwood, Laminate Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Main St in Burlington, head right onto Spear Street then follow the round about to East Terrace. Turn right onto East Terrace and the house will be on your left.
Lot DescriptionFields, Cul-De-Sac, Near Bus/Shuttle
Garage & Parking  Detached, 1 Parking Space
Road Frontage Type   Water Access  
Suitable Use Water Type  
Driveway  Paved Water Body  
Flood Zone  No Zoning  Residential
School District  South Burlington Sch Distict Middle  Frederick H. Tuttle Middle Sch
Elementary  Central School High  South Burlington High School
Heating  Gas-Natural Items Excluded  
Cooling  Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Owned Financing  Conventional
Cable Co  Comcast Documents  Deed, Property Disclosure
Electric  Circuit Breaker(s) Tax ID  600-188-16464
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† The remarks published on this webpage originate from Listed By of Preferred Properties - Off: 802-862-9106 via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.