Waterfront
Address
61 Elmwood Avenue Burlington, VT
Price
$ 2,225,000
Property Attributes
- MLS#4794433
- TypePending
- CountyCHITTENDEN
- CityBurlington
- AreaChittenden
- Zip05401
- StyleColonial,Multi-Family
- Year Built1920
- Taxes34396
- Price$ 2,225,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage8640
- Lot Size0.3 Acres
Listing Provided Courtesy Of:
Kara Koptiuch with Vermont Real Estate Company.
Data Source:
New England Real Estate Network
Property Description
Location, location, location!! Excellent investment opportunity to own 16 CONDOS in one of Burlington’s most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. This low maintenance complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property is condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.
| Price History | |
|---|---|
| 3/18/2021 | Listed $2,225,000 |
General Features
| Construction | Wood Frame |
|---|---|
| Construction Status | Existing |
| Cooling | None |
| Electric | Circuit Breaker(s) |
| Flood Zone | Unknown |
| Flooring | Hardwood, Tile |
| Garage | No |
| Heating | Baseboard, Electric, Gas Heater |
| Listing Area | VT-Chittenden |
| Net Income | 110668.68 |
| Parking | Off Street |
| Price Per Sq Ft | 304.96 |
| Road Frontage | Yes |
| Roof | Membrane, Standing Seam |
| Sewer | Public |
| Status | Under Contract |
| Stories | 2 |
| Style | Colonial, Multi-Family |
| Tax Year | 2019 |
| Type | Multi-Family |
| Unit 1 Level Number | 1 |
| Unit 2 Level Number | 1 |
| Unit 3 Level Number | 2 |
| Unit 4 Level Number | 2 |
| Unit 5 Level Number | 1 |
| Unit 6 Level Number | 1 |
| Unit 7 Level Number | 1 |
| Utilities | Internet - Cable |
| Water | Public |
| Water Heater | Owned |
| Year Built | 1920 |
| Zoning | Residential-High Density |
Interior Features
| Basement | Yes |
|---|---|
| Basement Access Type | Walk-up |
| Basement Description | Exterior Access |
| Heating Fuel | Electric, Gas - Natural |
| Sqft-apx Fin Above Grade | 7296 |
| Sqft-apx Total | 8640 |
| Sqft-apx Total Finished | 7296 |
| Sqft-apx Unfn Below Grade | 1344 |
| Total 1 Br Units | 16 |
| Total Full Baths | 16 |
| Total Number of Units | 16 |
| Total Ranges | 16 |
| Total Refrigerators | 16 |
| Total Water Heaters | 3 |
| Unit 1 Apx Sqft | 672 |
| Unit 1 Bedrooms | 1 |
| Unit 1 Rooms | 3 |
| Unit 2 Apx Sqft | 672 |
| Unit 2 Bedrooms | 1 |
| Unit 2 Rooms | 3 |
| Unit 3 Apx Sqft | 672 |
| Unit 3 Bedrooms | 1 |
| Unit 3 Rooms | 3 |
| Unit 4 Apx Sqft | 672 |
| Unit 4 Bedrooms | 1 |
| Unit 4 Rooms | 3 |
| Unit 5 Apx Sqft | 384 |
| Unit 5 Baths | 1 |
| Unit 5 Bedrooms | 1 |
| Unit 5 Rooms | 2 |
| Unit 6 Apx Sqft | 384 |
| Unit 6 Baths | 1 |
| Unit 6 Bedrooms | 1 |
| Unit 6 Rooms | 2 |
| Unit 7 Apx Sqft | 384 |
| Unit 7 Baths | 1 |
| Unit 7 Bedrooms | 1 |
| Unit 7 Rooms | 2 |
| Unit 8 Apx Sqft | 384 |
| Unit 8 Baths | 1 |
| Unit 8 Bedrooms | 1 |
| Unit 8 Rooms | 2 |
Exterior Features
| Unit 1 Baths | 1 |
|---|---|
| Unit 2 Baths | 1 |
| Unit 3 Baths | 1 |
| Unit 4 Baths | 1 |
| Driveway | Paved |
| Exterior | Brick, Vinyl Siding, Wood Siding |
| Foundation | Stone |
| Lot Description | City Lot |
| Lot Size Area | 0.3 |
| Road Frontage Length | 75 |
| Roads | Public |
| Unit 1 Style | Flat Lower End |
| Unit 2 Style | Flat Lower End |
| Unit 3 Style | Flat Up End |
| Unit 4 Style | Flat Up End |
| Unit 5 Style | Flat 1st End |
| Unit 6 Style | Flat 1st Interior |
| Unit 7 Style | Flat 1st Interior |
| Unit 8 Style | Flat 1st Interior |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 05401
Statistics provided by Inside Real Estate
Price
Taxes
Visits
Year Built
Walkscore
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not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. Data last updated April 20, 2021 11:56 PM UTC
