Price Reduction
Address
71-73 Elmwood Avenue Burlington, VT
Price
$ 1,949,000
Property Attributes
- MLS#4801807
- TypeCommercial
- CountyCHITTENDEN
- CityBurlington
- AreaChittenden
- Zip05401
- StyleMulti-Family
- 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 | |
|---|---|
| 4/20/2020 | 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 |
| Cooling | None |
| Electric | Circuit Breaker(s) |
| Heating | Hot Air, Steam |
| Listing Area | VT-Chittenden |
| Net Income | 152695 |
| Price Per Sq Ft | 124.16 |
| Road Frontage | TBD |
| Roof | Shingle |
| Sewer | Public |
| Status | Active |
| Tax Year | 2020 |
| Type | Commercial Sale |
| Utilities | Cable - Available, Gas - On-Site, Internet - Cable |
| Water | Public |
| Year Built | 1899 |
| Zoning | Residential-High Density |
Interior Features
| Basement | Yes |
|---|---|
| Basement Access Type | Interior |
| Basement Description | Partially Finished |
| Gas - Natural Available | Yes |
| Heating Fuel | Gas - Natural |
| Total Number of Units | 18 |
Exterior Features
| Exterior | Other |
|---|---|
| Foundation | Brick, Stone |
| Lot Description | City Lot, Corner |
| Lot Size Area | 0.1515 |
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 January 28, 2021 12:21 AM UTC
