25-27 Hanover South Burlington, Vermont 05403 MLS# 4386364

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Sold Status

$239,000 Sold Price

Multi Type

5 Beds

2 Baths

1,632 Sqft

Listed By Joan Shannon of
Sold By Cannizzaro Real Estate
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South Burlington

25-27 Hanover

This side by side duplex is a great option for owner occupancy or investment. Abutting the Chamberlin School playground, this property and neighborhood are ideal for families. The fenced and shaded large yard is divided for each unit to enjoy their own space. Each unit has full basement and bulkheads to back yard. A little paint and minor repairs will go a long way. A 10% cap rate gives you room for some improvements! Oil heat is currently used, but gas is available on the street and new furnaces could be converted.

Property Location

25-27 Hanover South Burlington

Property Details

Sold Price  $239,000 Sold Date  Nov 3rd, 2014
MLS#  4386364 Bedrooms  5 Garage Size  0 Car
List Price  239,000 Total Bathrooms  2 Year Built  1964
Type  Multi-Family Lot Size  0.2200 Acres Taxes $5,801
Units  2 Stories  1 Road Frontage  94
Annual Income  $0 Style  Duplex Water Frontage  
Annual Expenses  $9,073 Finished  1,632 Sqft Construction  No, Existing
Zoning   R4 Above Grade  1,632 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Sep 29th, 2014
Gross Income  $0 Operating Expenses  $9,073 Net Income  $34,200
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 680 SqFt, $1,250/Mo Unit 2   3 Beds, 1 Baths, 950 SqFt, $1,600/Mo
ConstructionWood Frame
BasementInterior Stairs, Bulkhead, Full, Exterior Stairs
Interior Features
Exterior Features
Exterior  Wood Disability Features  1st Floor Full Bathrm, One-Level Home
Foundation  Block House Color  Grey
Floors  Tile, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsWilliston Rd to Patchen Rd. Right on Richard Terrace which becomes Hanover St. Grey house on right.
Lot DescriptionLevel, Fenced
Garage & Parking  No, 4 Parking Spaces, 3-5 Spaces
Road Frontage  94 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R4
School District  South Burlington Sch Distict Middle  Frederick H. Tuttle Middle Sch
Elementary  Chamberlin School High  So. Burlington High School
Heat Fuel  Oil Excluded  
Heating/Cool  Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented Financing  Conventional
Cable Co   Documents  Deed
Electric  100 Amp Tax ID  600-188-11321
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† The remarks published on this webpage originate from Listed By Joan Shannon of via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.