$530,000
SOLD NOV 25, 2020

116 Maple St Burlington, VT 05401

5 Beds
4 Baths
1,746 Sq Ft
0.25 Acres

Recently Sold

$304 Per Sq Ft

8% Below List Price

59 Days on Market

Highlights

  • Wood Flooring
  • Walk-Up Access
  • 5-minute walk to City Hall Park
  • Level Lot

About This Home

As of November 2020

Unbelievable opportunity to invest in the lucrative Burlington rental market. This condominiumized building consists of four well maintained, one bedroom units and is conveniently located near local amenities including church street, the waterfront, bike path, and University of Vermont. Public transportation is also within close distance, allowing for easy access to all Burlington has to offer. These desirable units provide 6 deeded, off street parking spots. Hardwood floors, large porches, and cozy unit interiors make this building another tenant favorite.

Last Agent to Sell the Property

James Metropoulos

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Katharine Wade

Coldwell Banker Hickok and Boardman License #082.0090770

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Membrane Roofing
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,746 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Walk-Up Access

Parking

  • 6 Car Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $19,209
  • Gross Income $60,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Head north on St. Paul Street, take a left onto Maple street and the property is on your right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 303.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1746
  • Sq Ft - Apx Total Finished: 1746
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Unbelievable opportunity to invest in the lucrative Burlington rental market. This condominiumized building consists of four well maintained, one bedroom units and is conveniently located near local amenities including church street, the waterfront, bike path, and University of Vermont. Public transportation is also within close distance, allowing for easy access to all Burlington has to offer. These desirable units provide 6 deeded, off street parking spots. Hardwood floors, large porches, and cozy unit interiors make this building another tenant favorite.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Unfinished
  • Sq Ft - Apx Finished AG: 1746

Exterior Features

  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Membrane

Garage/Parking

  • Parking: Parking Spaces 6+, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable - Available

Fee Information

  • Tax Class: TBD

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1229
  • Deed Page: 159-170
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60300
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Tax Year Notes: Average
  • Tax Gross Amount: 13943.72
  • Tax Year: 2020

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: 4819233

PrimeMLS