NOT LISTED FOR SALE

Estimated Value: $644,000 - $863,000

8 Beds
4 Baths
3,248 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $470,000 $145 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,774/month

4 Days on Market

Highlights

  • Tudor Architecture
  • 4 Car Garage
  • Carpet
  • Frederick H. Tuttle Middle School Rated A-
  • Wood Siding
  • 4-minute walk to City Of South Burlington

About This Home

As of September 2015

The one you've been waiting for - Location location location! This four unit apartment building is in great shape, includes four spacious apartments, each with their own storage, washer, dryer, carport and more. Located minutes from area schools, shopping, hospitals and down town Burlington. This property has a strong rental history, many long term tenants and with room for increased cash flow and even greater returns. Located in one of the strongest rental markets in the region if not the country this is the one you've been waiting for.

Last Agent to Sell the Property

Brian Armstrong

KW Vermont License #081.0004255 Listed on: 07/06/2015

KW Vermont

Co-Listed By

Jack O'Connor

KW Vermont License #082.0104871

KW Vermont

Last Buyer's Agent

Jack O'Connor

KW Vermont License #082.0104871

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,110

Year Built

  • 1959

Lot Details

  • 0.28 Acre Lot
  • Lot Sloped Up

Parking

  • 4 Car Garage
  • Carport
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4 Full Bathrooms
  • 3,248 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Connecting Stairway
  • Basement Storage

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes snow removal, trash, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,110

Year Built

1959

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Tudor
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 3248
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1959

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Concrete, Stairs - Interior, Storage - Assigned, Storage - Locked
  • Sq Ft - Apx Finished AG: 3248

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Stone, Stucco, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 4
  • Parking: Off Street, Parking Spaces 1 - 10
  • Garage Type: Carport
  • Garage: Yes
  • Garage Type: Carport

Utilities

  • Electric: 200 Amp, 220 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Total Electric Meters: 4
  • Total Water Heaters: 4
  • Trash: Dumpster

Schools

  • School District: South Burlington Sch Distict
  • High School: South Burlington High School

Lot Info

  • Lot Sq Ft: 12196
  • Lot Acres: 0.28
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residental

Rental Info

  • Rent Includes: Snow Removal, Trash, Water

Multi Family

  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 6110.12
  • Tax Year: 2014

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
09/11/2015 09/11/15 Sold $470,000 +2.2% $145 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $460,000 -- $142 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,905 $404,200 $70,200 $334,000
2023 $7,753 $404,200 $70,200 $334,000
2022 $7,751 $404,200 $70,200 $334,000
2021 $7,574 $404,200 $70,200 $334,000
2020 $5,861 $298,200 $62,600 $235,600
2019 $6,714 $298,200 $62,600 $235,600
2018 $6,501 $298,200 $62,600 $235,600
2017 $5,649 $298,200 $62,600 $235,600
2016 $6,166 $298,200 $62,600 $235,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4436455

PrimeMLS

APN: (188) 1800-122-8