Listing Provided Courtesy Of:
Don Marcelino with The Marcelino Team.
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.
Data Source:
New England Real Estate Network
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 Hospital, Near Public Transportatn, Near Shopping, Neighborhood
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
AVG $1.03M
$1.95M
Taxes
AVG $20,027
$26,241
Visits
AVG 59
30
Year Built
AVG 1930
1899
Walkscore
AVG 90
97
Data Provided by Walkscore ® not using MLS data

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