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Location, location, location!! Excellent investment opportunity to own 16 CONDOS in one of Burlington's most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. This low maintenance complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property is condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.

More Info

Basic Information

  • StatusPEN
  • Property TypeMulti-Family
  • List Price$2,225,000
  • Date Price Change04/20/2020
  • MLS Number4794433
  • MLS StatusPending

Interior

  • FloorsHardwood, Tile

Exterior

  • ExteriorBrick, Vinyl Siding, Wood Siding
  • RoofMembrane, Standing Seam
  • Exterior ColorWhite

Utilities

  • Heat FuelElectric, Gas - Natural
  • Heat SystemBaseboard, Electric, Gas Heater
  • UtilitiesInternet - Cable
  • WaterPublic
  • Water HeaterOwned
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningResidential-High Density
  • Flood Zone Y/NUnknown

Property

  • Acreage0.3
  • Parking Spaces
  • Square Feet7,296
  • APX Fin AG Sqft7,296
  • Road Frontage75
  • RoadsPublic
  • Lot DescriptionCity Lot

Other

  • Taxes$34,397
  • Seasonal Y/NNo
  • Unit 1 Deposit$910
  • Unit 2 Rent Amount$950
  • Unit 3 Rent Amount$945
  • Unit 4 Rent amount$950
  • Unit 5 Rent amount$850
  • Unit 7 Rent amount$850
  • Unit 8 Rent amount$850
  • View Count2

Building

  • Year Built1920
  • Building ConstructionWood Frame
  • StyleColonial, Multi-Family
  • Units16
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 StyleFlat Lower End
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 StyleFlat Up End
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 StyleFlat Up End
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms16
  • Unit 7 Bedrooms1
  • Unit 8 Baths1
  • Unit 8 Bedrooms1
  • Bathroom16
  • Total Baths16
  • BasementExterior Access
  • FoundationStone

Map Location

Driving Directions

Listed by Kara Koptiuch and Jeffrey Amato of Vermont Real Estate Company
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 18, 2021.

 

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