$445,000
SOLD AUG 15, 2013

116 Maple St Burlington, VT 05401

4 Beds
4 Baths
1,746 Sq Ft
0.25 Acres

Recently Sold

$255 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Space Heater
  • 5-minute walk to City Hall Park
  • Porch
  • High Speed Internet

About This Home

As of November 2020

Incredible opportunity to own a 4 unit condominiumized investment property in downtown Burlington close to Church Street, bike path and the waterfront! This property is conveniently located near every conceivable amenity as well as public transportation. Each unit is updated, charming and efficient making renting a breeze. There are 6 deeded off-street parking spaces, each tenant pays own utilities, strong financials, 8% cap rate, year leases on 3 of the 4 units. You can't beat this building or location!

Last Agent to Sell the Property

Doug Boardman

Coldwell Banker Hickok and Boardman License #082.0007281

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Eileen Townsend

Coldwell Banker Hickok and Boardman License #081.0004285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Membrane Roofing
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,746 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Parking

  • 6 Car Parking Spaces
  • Shared Driveway

Outdoor Features

  • Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Self Managed Association

Pet Policy

  • Pets Allowed

Building Details

  • 4 Separate Gas Meters
  • Gross Income $35,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Heading north on St. Paul Street, left onto Maple Street, property on the right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 254.87
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 1746
  • Unit Info: CO Detector, Cooktop - Electric, Dryer, Heat, Heat - Natural Gas, Hot Water, Laundry Hookup, Oven - Wall, Refrigerator, Smoke Detector, Washer
  • Year Built: 1900
  • Remarks Public: Incredible opportunity to own a 4 unit condominiumized investment property in downtown Burlington close to Church Street, bike path and the waterfront! This property is conveniently located near every conceivable amenity as well as public transportation. Each unit is updated, charming and efficient making renting a breeze. There are 6 deeded off-street parking spaces, each tenant pays own utilities, strong financials, 8% cap rate, year leases on 3 of the 4 units. You can't beat this building or location!
  • List Agent: 5938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Description: Bulkhead
  • Sq Ft - Apx Finished AG: 1746

Exterior Features

  • Driveway: Common/Shared
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Porch

Garage/Parking

  • Parking: Parking Spaces 6+

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Space Heater
  • Electric Company: GMP
  • Phone Company: Comcast
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable, Internet - Cable

Condo/Co-op/Association

  • Restrictions: Pets - Allowed
  • Management Company: Self-managed

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Assigned
  • Middle School: Assigned
  • High School: Burlington High School
  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 10890
  • Current Use: Unknown
  • Lot Acres: 0.25
  • Surveyed: Unknown
  • Zoning: HD Residential
  • Deed Book: .
  • Deed Page: .
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 35702
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 3044.58
  • Tax Year: 2012

MLS Schools

  • School Middle Jr: Assigned

Map

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
11/25/2020 11/25/20 Sold $530,000 -7.8% $304 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $575,000 +29.2% $329 / Sq Ft
08/15/2013 08/15/13 Sold $445,000 -0.9% $255 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $449,000 -- $257 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 4251795

PrimeMLS

Vermont Chittenden County Burlington 05401

116 Maple St, Burlington, VT

Homes for Sale in Burlington, VT

This home is located at 116 Maple St, Burlington, VT 05401 and is currently priced at $445,000, approximately $254 per square foot. This property was built in 1900. 116 Maple St is a home located in Chittenden County with nearby schools including Champlain School, Edmunds Middle School, and Burlington Senior High School.

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