Waterfront
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Address
207 South Union Street Burlington, VT
Price
$ 3,400,000
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

Price
AVG $580K
$3.4M
Taxes
AVG $10,477
$61,713
Visits
AVG 87
15
Year Built
AVG 1936
1920
Walkscore
AVG 74
95
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover