NOT LISTED FOR SALE

Estimated Value: $629,000 - $750,580

5 Beds
3 Baths
2,114 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $516,000 $244 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,695/month

47 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 1-minute walk to Roosevelt Park
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of January 2021

Perfect owner-occupied opportunity from this 3-Unit in the Old North End of Burlington with plenty of off-street parking and a lovely backyard. The owner's unit offers 3 bedrooms, 1.5 baths plus private laundry and has recently been remodeled featuring an updated kitchen with breakfast bar, gleaming hardwood floors, new bathrooms, and a new high-efficiency boiler. Upstairs you'll find two 1-bedroom apartments with separate utilities that more than help pay for any of your expenses. The back deck off the first floor apartment overlooks a spacious, flat yard with a garden/patio area and plenty of room for owners or tenants to relax or entertain. Full basement with bulkhead plus plenty of off-street parking spaces. Roosevelt Park is right around the corner and you'll find many amenities within a few blocks or minutes drive. Easy access to downtown, the waterfront, colleges and University of Vermont Medical Center. Great opportunity for investors as well!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 09/22/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Jessica Bridge

Element Real Estate License #081.0109606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1899

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $14,249
  • Gross Income $49,200
  • Net Operating Income $34,951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,215

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From North Street, turn onto Intervale Avenue, past Archibald Street, building on left just before Willow Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 244.09
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3274
  • Sq Ft - Apx Total Finished: 2114
  • Property Type: Multi-Family
  • Year Built: 1899
  • Remarks Public: Perfect owner-occupied opportunity from this 3-Unit in the Old North End of Burlington with plenty of off-street parking and a lovely backyard. The owner's unit offers 3 bedrooms, 1.5 baths plus private laundry and has recently been remodeled featuring an updated kitchen with breakfast bar, gleaming hardwood floors, new bathrooms, and a new high-efficiency boiler. Upstairs you'll find two 1-bedroom apartments with separate utilities that more than help pay for any of your expenses. The back deck off the first floor apartment overlooks a spacious, flat yard with a garden/patio area and plenty of room for owners or tenants to relax or entertain. Full basement with bulkhead plus plenty of off-street parking spaces. Roosevelt Park is right around the corner and you'll find many amenities within a few blocks or minutes drive. Easy access to downtown, the waterfront, colleges and University of Vermont Medical Center. Great opportunity for investors as well!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2114
  • Sq Ft - Apx Unfinished BG: 1160

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Shingle
  • Features Exterior: Porch - Covered

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, On Demand, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent, Hot Water
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Homestead

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot, Sidewalks
  • Surveyed: Unknown
  • Zoning: RMD
  • Deed Book: 1351
  • Deed Page: 287
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 49200
  • Net Income: 34951
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8215
  • Tax Year: 2020

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
01/15/2021 01/15/21 Sold $516,000 -2.6% $244 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $529,900 -3.6% $251 / Sq Ft
09/22/2020 09/22/20 For Sale $549,500 +83.8% $260 / Sq Ft
10/16/2017 10/16/17 Sold $299,000 -16.5% $96 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $357,900 -- $115 / 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 $12,332 $510,200 $113,900 $396,300
2023 $10,781 $510,200 $113,900 $396,300
2022 $10,778 $510,200 $113,900 $396,300
2021 $11,230 $510,200 $113,900 $396,300
2020 $8,215 $274,400 $108,700 $165,700
2019 $7,857 $274,400 $108,700 $165,700
2018 $7,713 $274,400 $108,700 $165,700
2017 $6,885 $258,500 $108,700 $149,800
2016 $6,727 $258,500 $108,700 $149,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4830051

PrimeMLS

APN: (035) 039-4-155-000