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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.

More Info

Basic Information

  • StatusACT
  • List Price$1,250,000
  • Date Price Change10/25/2021
  • MLS Number4886418
  • MLS StatusActive

Property

  • Acreage0.23
  • Parking Spaces
  • Square Feet3,882
  • APX Fin AG Sqft3,882
  • Road Frontage50
  • RoadsPublic
  • Lot DescriptionCity Lot

Other

  • Taxes$24,807
  • Tax Yr2021
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,475
  • Unit 2 Rent Amount$1,100
  • Unit 3 Rent Amount$925
  • Unit 4 Rent amount$1,000
  • Unit 5 Rent amount$1,300
  • Unit 7 Rent amount$1,135
  • View Count1

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRM
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorClapboard, Wood
  • RoofMembrane
  • Exterior ColorGreen

Utilities

  • Heat FuelGas - Natural
  • Heat SystemSpace Heater
  • UtilitiesHigh Speed Intrnt -Avail
  • WaterPublic Water - On-Site
  • Water HeaterOwned
  • ElectricCircuit Breaker(s)
  • SewerPublic Sewer On-Site

Building

  • Year Built1899
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units7
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms5
  • Unit 7 Bedrooms1
  • # of 2 Bedrooms2
  • BasementConcrete Floor
  • FoundationStone

Map Location

Driving Directions

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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 October 27, 2021.

 

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