NOT LISTED FOR SALE
15 Beds
6 Baths
5,578 Sq Ft
8,276 Sq Ft Lot

Last Sold February 22, 2012

Last sale price $1,064,000 $191 Per Sq Ft

240 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • 5-minute walk to City Hall Park
  • Porch
  • Carpet

About This Home

As of February 2012

Great downtown location with many new renovations including kitchens, appliances, flooring, repainting. Loads of parking, washer/dryer, dishwasher, range and refrigerator in each apartment. Seller offering $8100 to purchaser at closing. Current Annual Gross Income is $123,900 - CAP RATE 8.8%. Projected AGI of $126,000 CAP RATE of 9%. CLA for details.

Last Agent to Sell the Property

Charles Burns

BHHS Vermont Realty Group/Burlington Listed on: 04/06/2011

BHHS Vermont Realty Group/Burlington

Last Buyer's Agent

Mike Gannett

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,983

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 5,578 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Edmunds Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • Natural Gas Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Rent includes ground maintenance, landscaping, parking, plowing, snow removal, trash

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Gross Income $123,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,983

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Between St. Paul Street and Pine Street on the south side.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 190.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 5578
  • Unit Info: Dishwasher, Dryer, Heat - Gas, Heat - Natural Gas, Range - Electric, Refrigerator, Washer
  • Year Built: 1900
  • Remarks Public: Great downtown location with many new renovations including kitchens, appliances, flooring, repainting. Loads of parking, washer/dryer, dishwasher, range and refrigerator in each apartment. Seller offering $8100 to purchaser at closing. Current Annual Gross Income is $123,900 - CAP RATE 8.8%. Projected AGI of $126,000 CAP RATE of 9%. CLA for details.
  • List Agent: 25987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5578

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: 110 Volt, 220 Volt, Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Community
  • Water: Community
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: BELD
  • Phone Company: Fairpoint
  • Separate Utilities: Yes
  • Total Electric Meters: 7
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Cans

Condo/Co-op/Association

  • Management Company: Self

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Edmunds Elementary School
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • Elementary School: Edmunds Elementary School
  • High School: Burlington High School

Lot Info

  • Map: Plot
  • Lot Sq Ft: 8276
  • Current Use: Unknown
  • Lot Acres: 0.19
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1004
  • Deed Page: 558
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Landscaping, Parking, Plowing, Snow Removal, Trash

Multi Family

  • Gross Income: 123900
  • Total Full Baths: 6
  • Total Units: 6
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Year Notes: 10/11
  • Tax Gross Amount: 7983

MLS Schools

  • School Middle Jr: Edmunds Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2012 02/22/12 Sold $1,064,000 -18.2% $191 / Sq Ft
12/02/2011 12/02/11 Pending -- -- --
04/06/2011 04/06/11 For Sale $1,300,000 -- $233 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4054092

PrimeMLS