Listing Provided Courtesy Of:
Mikail Stein with RE/MAX North Professionals.
Address
68 Walnut Street Burlington, VT
Price
$ 1,200,000
Property Attributes
  • MLS#4853256
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleApartment Building,Multi-Family
  • Year Built1899
  • Taxes$ 20302
  • Price$ 1,200,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage7165
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Mikail Stein with RE/MAX North Professionals.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

This is a unique opportunity to own two buildings on one parcel that have both been beautifully updated. One building is a fantastic duplex zoned for 8 bedrooms but currently operating as two 3 bedroom apartments. The second building is an updated four-plex with four 1 bedroom apartments. A projected CAP rate of 6.53% indicates a strong investment within walking distance of Church Street, and across the street from Roosevelt Park in the ever growing O.N.E. This property is also being sold as part of a portfolio with several other multi-families. See MLS #'s: 4853254 , and 4853257.

Price History
3/31/2021 Listed $1,200,000

General Features

Basement Yes
Construction Other
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Exterior Features Balcony, Garden Space, Porch, Porch - Covered, Storage
Flood Zone Unknown
Flooring Carpet, Laminate
Garage No
Heating Baseboard, Hot Air, Hot Water, Monitor Type
Listing Area VT-Chittenden
Net Income 78313.56
Parking Off Street, Parking Spaces 6+
Price Per Sq Ft 276.94
Road Frontage TBD
Roof Membrane, Slate
Sewer Public
Status Active
Stories 2
Style Apartment Building, Multi-Family
Tax Year 2021
Total Rooms Above Ground 15
Trash Cans
Type Multi-Family
Unit 1 Level Number 1
Unit 2 Level Number 2
Unit 3 Level Number 2
Unit 4 Level Number 2
Unit 5 Info Range - Electric, Refrigerator
Unit 5 Level Number 1
Unit 6 Info Range - Electric, Refrigerator
Unit 6 Level Number 1
Utilities Other
Water Public
Water Heater Owned
Year Built 1899
Zoning Res

Interior Features

Basement Access Type Walkout
Basement Description Walkout
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 4333
Sqft-apx Total 7165
Sqft-apx Total Finished 4333
Sqft-apx Unfn Above Grade 553
Sqft-apx Unfn Below Grade 2279
Total 1 Br Units 4
Total 3+ Br Units 2
Total Full Baths 6
Total Number of Units 6
Unit 1 Apx Sqft 1225
Unit 1 Bedrooms 3
Unit 1 Info Dryer, Refrigerator, Stove - Gas Heat, Washer
Unit 2 Apx Sqft 1000
Unit 2 Bedrooms 4
Unit 2 Info Dryer, Refrigerator, Stove - Gas Heat, Washer
Unit 3 Apx Sqft 527
Unit 3 Bedrooms 1
Unit 3 Info Range - Electric, Refrigerator
Unit 4 Apx Sqft 527
Unit 4 Bedrooms 1
Unit 4 Info Range - Electric, Refrigerator
Unit 5 Apx Sqft 527
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 6 Apx Sqft 527
Unit 6 Baths 1
Unit 6 Bedrooms 1

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Unit 4 Baths 1
Driveway Concrete
Exterior Brick, Vinyl
Foundation Fieldstone, Other
Lot Description City Lot, Level, Sidewalks
Lot Size Area 0.18
Roads Public
Total Gas Meters 6
Unit 1 Style Flat
Unit 2 Style Flat
Unit 3 Style Flat
Unit 4 Style Flat
Unit 5 Style Flat
Unit 6 Style Flat

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $820K
$1.2M
Taxes
AVG $12,581
$20,302
Visits
AVG 70
369
Year Built
AVG 1906
1899
Walkscore
AVG 81
84
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