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- MLS#4839746
- TypeMulti-Family
- CountyCHITTENDEN
- CityBurlington
- AreaChittenden
- Zip05401
- StyleApartment Building,Multi-Family,Victorian
- Year Built1896
- Taxes27125
- Price$ 1,450,000
- Bedrooms12
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage6901
- Lot Size0.38 Acres
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Property Description
Incredible investment opportunity to own a slice of Burlington with 3 buildings on a large corner lot in a great neighborhood sandwiched between the UVM Medical Center, colleges and the Old North End. The 4-unit apartment building offers four 2-bedroom, 1 bath units all with their own laundry, private covered porches and either attic or basement storage. The neighboring Victorian house features 3 levels of living space including 4 bedrooms, 3 baths, and multiple bonus rooms - perfect for in-home office space or storage. Tenants love the chef’s kitchen with a 6-burner gas stove, butcher block counters and granite breakfast bar. Beautiful Douglas Fir flooring and woodwork throughout. The owner’s suite on the 2nd floor offers a private dressing room and an en-suite bath with tiled shower and separate soaking tub. Although rented for many years, this charming single-family house would make a great owner-occupied home when the tenant’s lease expires. Plenty of parking throughout for both buildings and separate yard space for each as well. And don’t forget the 2- story barn in the back – currently rented as a workshop – lots of potential with this extra building. Plus easy access to I-89, Downtown Burlington, Church Street Marketplace and the waterfront.
Price History | |
---|---|
11/23/2020 | Listed $1,475,000 |
1/7/2021 | 2% - $1,450,000 |
General Features
Construction | Wood Frame |
---|---|
Construction Status | Existing |
Cooling | None |
Electric | Circuit Breaker(s) |
Exterior Features | Porch - Covered |
Flood Zone | Unknown |
Flooring | Hardwood |
Garage | No |
Heating | Hot Water |
Listing Area | VT-Chittenden |
Net Income | 81066 |
Parking | Driveway |
Price Per Sq Ft | 280.25 |
Road Frontage | TBD |
Roof | Slate |
Sewer | Public |
Status | Active |
Stories | 2 |
Style | Apartment Building, Multi-Family, Victorian |
Tax Year | 2020 |
Type | Multi-Family |
Unit 1 Level Number | 1-2 |
Utilities | High Speed Intrnt -Avail |
Water | Public |
Water Heater | Owned |
Year Built | 1896 |
Zoning | Residential Low Density |
Interior Features
Basement | Yes |
---|---|
Basement Access Type | Interior |
Basement Description | Unfinished |
Heating Fuel | Gas - Natural |
Sqft-apx Fin Above Grade | 5174 |
Sqft-apx Total | 6901 |
Sqft-apx Total Finished | 5174 |
Sqft-apx Unfn Below Grade | 1727 |
Total 2 Br Units | 4 |
Total 3+ Br Units | 1 |
Total Number of Units | 5 |
Unit 1 Apx Sqft | 2358 |
Unit 1 Rooms | 8 |
Unit 2 Apx Sqft | 704 |
Unit 3 Apx Sqft | 704 |
Unit 4 Apx Sqft | 704 |
Unit 5 Apx Sqft | 704 |
Unit 5 Baths | 1 |
Unit 5 Bedrooms | 2 |
Exterior Features
Unit 1 Baths | 3 |
---|---|
Unit 1 Bedrooms | 4 |
Unit 2 Baths | 1 |
Unit 2 Bedrooms | 2 |
Unit 3 Baths | 1 |
Unit 3 Bedrooms | 2 |
Unit 4 Baths | 1 |
Unit 4 Bedrooms | 2 |
Driveway | Concrete |
Exterior | Wood |
Foundation | Brick, Stone |
Lot Description | City Lot, Corner, Sidewalks |
Lot Size Area | 0.38 |
Roads | Paved, Public |
Unit 1 Style | House |
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