NOT LISTED FOR SALE

137 Elmwood Ave Burlington, VT 05401

Old North End Neighborhood
6 Beds
4 Baths
3,408 Sq Ft
5,227 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $577,500 $169 Per Sq Ft

169 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Garden
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Outdoor Storage

About This Home

As of March 2016

Amazing opportunity with this Burlington 5-unit in 2 buildings, just blocks from Church Street and Lake Champlain. 4 residential apartments plus 475 SF of flexible commercial space. Lots of wonderful improvements- means fully occupied apartments that are a pleasure to show! All apartments have been recently remodeled; enjoy low maintenance costs with upgraded kitchens featuring maple cabinets and newer countertops, plus new flooring and fresh paint 6 new exterior doors and many new windows all within the past year! All separate utilities plus new heating system and coin-op laundry on premise. As landlord, enjoy the spacious garage/workshop with heated storage and convenient 1/2 bath with utility sink. Pride of ownership is more than evident at this well cared-for Burlington investment property with a 7.9% Cap rate!

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 09/01/2015

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Blair Knowles

Ridgeline Real Estate License #081.0134044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,306

Year Built

  • 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Converted Dwelling
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trash, water

Community Details

Overview

  • 5 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $64,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,306

Year Built

1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 3408
  • Unit Info: CO Detector, Deck, Dishwasher, Heat - Natural Gas, Porch, Range - Electric, Refrigerator, Smoke Detector, Storage
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Laundry
  • Flooring: Hardwood, Laminate, Tile
  • Full Bathrooms: 4
  • Total Rooms Above Ground: 17
  • Basement: Yes
  • Basement Description: Bulkhead, Concrete, Unfinished
  • Sq Ft - Apx Finished AG: 3408

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Block, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Other, Slate
  • Features Exterior: Garden Space, Porch, Porch - Covered, Storage

Garage/Parking

  • Parking: On-Site, Parking Spaces 2

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: BED
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 4
  • Total Heat Units: 7
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 5
  • Trash: Cans

Condo/Co-op/Association

  • Amenities: Coin Laundry

Schools

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

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM

Rental Info

  • Rent Includes: Ground Maintenance, Sewer, Trash, Water

Multi Family

  • Gross Income: 64620
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 15-16
  • Tax Gross Amount: 11306.26

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/25/2016 03/25/16 Sold $577,500 -3.6% $169 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $599,000 -- $176 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2016

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Section Image
  • Blair Knowles

    Buyer's Agent in 2016

    Blair Knowles

    Ridgeline Real Estate

    (802) 735-7353

    2 in this area

    46 Total Sales

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4449092

PrimeMLS

APN: (035) 044-3-277-000

Vermont Chittenden County Burlington 05401 Old North End

137 Elmwood Ave, Burlington, VT

This home is located at 137 Elmwood Ave, Burlington, VT 05401 since 01 September 2015. This property was built in 1920. 137 Elmwood Ave is a home located in Chittenden County with nearby schools including Sustainability Academy at Lawrence Barnes, Lyman C. Hunt Middle School, and Burlington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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.

Nearby Homes