Waterfront
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Address
120 Lakeview Terrace Burlington, VT
Price
$ 1,250,000
Property Attributes
  • MLS#4886418
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleMulti-Family
  • Year Built1899
  • Taxes$ 24807
  • Price$ 1,250,000
  • Bedrooms9
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage5802
  • Lot Size10,062 SqFt
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Wonderful investment opportunity on Lakeview Terrace with Lake Champlain and Adirondack views! Mix of studios, 1, and 2-bedroom units all with separate utilities plus full basement with laundry and storage for tenants. Well-maintained building with lots of updates throughout. Tons of off-street parking. Tenants love their porches and the outdoor space with shared yard. Just a few blocks from Battery Park, the waterfront, and bike path plus easy access to Church Street, colleges, and hospital. Large lot offers some redevelopment potential.

Price History
10/11/2021 Listed $1,275,000
10/25/2021 2% - $1,250,000

General Features

Basement Yes
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Flood Zone Unknown
Garage No
Heating Space Heater
Listing Area VT-Chittenden
Net Income 59979
Price Per Sq Ft 322
Road Frontage Yes
Roof Membrane
Sewer Public Sewer On-Site
Status Active
Stories 2
Style Multi-Family
Tax Year 2021
Utilities High Speed Intrnt -Avail
Water Public Water - On-Site
Water Heater Owned
Year Built 1899
Zoning RM

Interior Features

Basement Access Type Walk-up
Basement Description Concrete Floor
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 3882
Sqft-apx Total 5802
Sqft-apx Total Finished 3882
Sqft-apx Unfn Below Grade 1920
Total 1 Br Units 5
Total 2 Br Units 2
Total Number of Units 7
Unit 1 Bedrooms 2
Unit 2 Bedrooms 1
Unit 3 Bedrooms 1
Unit 4 Bedrooms 1
Unit 5 Baths 1
Unit 5 Bedrooms 2
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 7 Baths 1
Unit 7 Bedrooms 1

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Unit 4 Baths 1
Driveway Gravel
Exterior Clapboard, Wood
Foundation Stone
Lot Description City Lot
Lot Size Area 0.231
Road Frontage Length 50
Roads Public

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 $850K
$1.25M
Taxes
AVG $15,755
$24,807
Visits
AVG 104
13
Year Built
AVG 1910
1899

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