




































Property Attributes
- MLS#4832150
- TypePending
- CountyCHITTENDEN
- CityBurlington
- AreaChittenden
- Zip05401
- StyleApartment Building,Multi-Family
- Year Built1920
- Taxes61713
- Price$ 3,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25112
- Lot Size0.66 Acres
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Property Description
Rare large Investor opportunity to acquire a fully occupied turn key complex encompassing 4 adjacent buildings surrounded by parking in the heart of Burlington. This Multi Family portfolio consists of 19 units with 37 bedrooms offering strong current rents with attractive upside potential. Anchored by an exceptional 7-unit brick building on South Union Street with an attached 4-unit addition over 5 garages bays. Also includes an inviting 5-unit on Maple Street plus a separate 3-unit carriage house. Extremely convenient location for residents looking to be near downtown/waterfront, University of Vermont or Champlain College. The 207 South Union Street portfolio offers one of the most desirable locations in Burlington for students or professionals looking for immediate access to all that Burlington has to offer.
Price History | |
---|---|
10/2/2020 | Listed $3,400,000 |
General Features
Construction | Wood Frame |
---|---|
Construction Status | Existing |
Cooling | None |
Electric | Circuit Breaker(s) |
Exterior Features | Porch - Covered, Porch - Enclosed |
Flood Zone | Unknown |
Flooring | Hardwood |
Garage | Yes |
Heating | Space Heater |
Listing Area | VT-Chittenden |
Net Income | 236954 |
Price Per Sq Ft | 171.71 |
Road Frontage | TBD |
Roof | Shingle, Slate |
Sewer | Public |
Status | Under Contract |
Stories | 2 |
Style | Apartment Building, Multi-Family |
Tax Year | 2020 |
Total Heat Units | 19 |
Type | Multi-Family |
Utilities | High Speed Intrnt -Avail |
Water | Public |
Water Heater | Owned |
Year Built | 1920 |
Zoning | RHD |
Interior Features
Basement | Yes |
---|---|
Basement Access Type | Interior |
Basement Description | Finished, Unfinished |
Heating Fuel | Gas - Natural |
Sqft-apx Fin Above Grade | 19801 |
Sqft-apx Fin Below Grade | 2788 |
Sqft-apx Total | 25112 |
Sqft-apx Total Finished | 22589 |
Sqft-apx Unfn Below Grade | 2523 |
Total 1 Br Units | 5 |
Total 2 Br Units | 10 |
Total 3+ Br Units | 4 |
Total Full Baths | 19 |
Total Number of Units | 19 |
Total Ranges | 19 |
Total Refrigerators | 19 |
Exterior Features
Driveway | Paved |
---|---|
Exterior | Brick, Cedar |
Foundation | Brick, Stone |
Garage Capacity | 5 |
Garage Type | Under |
Lot Description | City Lot |
Lot Size Area | 0.66 |
Roads | Paved, Public |
Total Gas Meters | 20 |
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