Price Reduction
Listing Provided Courtesy Of:
Don Marcelino with The Marcelino Team.
71-73 Elmwood Avenue Burlington, VT
$ 1,949,000
Property Attributes
  • MLS#4801559
  • TypeMulti-Family
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleApartment Building
  • Year Built1899
  • Taxes26241
  • Price$ 1,949,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15698
  • Lot Size6,599 SqFt
Listing Provided Courtesy Of:
Don Marcelino with The Marcelino Team.
Property Description

Rare opportunity to purchase a well maintained two building 18 apartment rental unit in downtown Burlington close to lake, shopping, colleges, and hospital. If you're looking for an investment property, don't miss this, as the building has been fully insulated by VT Gas in 2019 along with a long list of other recent improvements.

Price History
4/17/2020 Listed $2,150,000
7/16/2020 5% - $2,050,000
1/22/2021 5% - $1,949,000

General Features

Area Description In Town, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Flood Zone Unknown
Flooring Vinyl
Garage Yes
Heating Hot Air, Steam
Listing Area VT-Chittenden
Net Income 152695
Parking Driveway, Off Street
Price Per Sq Ft 203.08
Road Frontage TBD
Roof Shingle
School District Burlington School District
Sewer Public
Status Active
Stories 3
Style Apartment Building
Tax Year 2020
Type Multi-Family
Utilities Cable - Available, Gas - On-Site, Internet - Cable
Water Public
Water Heater Gas - Natural, Owned, Tank
Year Built 1899
Zoning Residential-high density

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Partially Finished
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 9597
Sqft-apx Fin Below Grade 643
Sqft-apx Total 15698
Sqft-apx Total Finished 10240
Sqft-apx Unfn Above Grade 3008
Sqft-apx Unfn Below Grade 2450
Total 1 Br Units 15
Total 2 Br Units 3
Total Number of Units 18

Exterior Features

Driveway Paved
Exterior Other
Foundation Brick, Stone
Garage Capacity 1
Garage Type Attached
Lot Description City Lot, Corner
Lot Size Area 0.1515
Roads Public


  • 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

AVG $1.03M
AVG $15,463
AVG 48
Year Built
AVG 1905
AVG 83
Data Provided by Walkscore ® not using MLS data

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