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Outstanding investment opportunity awaits! 45 East Terrace is a spacious 4 bedroom plus den, 3 bath home in a sought after South Burlington location. The property is currently being used as a rental property. This is a great opportunity to continue as an investment, or convert to a single family home at the culmination of the current Lease! The upper level offers an open floor plan, with the kitchen overlooking both the dining and living rooms. A large sunroom, with deck access, is located just off the kitchen. 3 bedrooms are found on the main level, in addition to a full and 3/4 bath. The lower level has an additional large bedroom with egress window, family room, an additional room for a den/office and another 3/4 bath. This floor also has a spacious laundry room with washer and dryer with an adjacent entrance. The property sits on .26 acres with a well maintained yard that is partially fenced, a storage shed, gardening space and a large exterior deck for entertaining! 45 East Terrace is close to UVM, the Medical Center, Staples Plaza, University Mall and Burlington Tennis Club. The current Lease is in place until May 27, 2025. Renters pay $5,000/month plus all utilities (gas, electric, water, trash, internet). Further lease details available upon request. †
Property Location
45 East Terrace South Burlington
Property Details
List Price $585,000
Total Rooms 8
List Date Apr 10th, 2024
MLS# 4990943
Lot Size 0.260 Acres
Taxes $8,316
Type House
Stories 2
Road Frontage 50
Bedrooms 4
Style
Water Frontage
Full Bathrooms 1
Finished 2,286 Sqft
Construction No, Existing
3/4 Bathrooms 2
Above Grade 2,286 Sqft
Seasonal No
Half Bathrooms 0
Below Grade 0 Sqft
Year Built 1950
1/4 Bathrooms 0
Garage Size Car
County Chittenden
Interior Features
Equipment & AppliancesCook Top-Electric, Refrigerator, Dishwasher, Washer, Dryer, Water Heater - Electric, CO Detector
Construction
Basement
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color
Floors
Building Certifications
Roof Membrane
HERS Index
Directions
Lot Description
Garage & Parking Driveway, Paved
Road Frontage 50
Water Access
Suitable Use
Water Type
Driveway Paved
Water Body
Flood Zone Unknown
Zoning Residential
School District South Burlington Sch Distict
Middle Frederick H. Tuttle Middle Sch
Elementary Orchard Elementary School
High South Burlington High School
Heat Fuel Gas-Natural
Excluded
Heating/Cool None, Baseboard
Negotiable
Sewer Community
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co Comcast
Documents
Electric On-Site
Tax ID 600-188-11253
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† The remarks published on this webpage originate from Listed By Kendra Kenney of Pomerleau Real Estate 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.