NOT LISTED FOR SALE
4 Beds
2 Baths
1,405 Sq Ft
2,614 Sq Ft Lot

Last Sold June 15, 2022

Last sale price $504,500 $359 Per Sq Ft

4 Days on Market

Highlights

  • Landscaped
  • Level Lot
  • 3-minute walk to Little Park
  • Forced Air Heating System
  • Mini Split Air Conditioners

About This Home

As of June 2022

Unique opportunity to purchase Duplex in excellent Burlington location. Recently renovated one bedroom unit is located on the first floor with three-season porch and great storage. Well maintained three bedroom unit features good size bedrooms, large living room and three-season porch. Rents currently below market value with building completely vacant by 6/1 allows Buyer with flexibility of owner occupying either unit or as a complete investment property.

Last Agent to Sell the Property

Jeffrey Amato

Vermont Real Estate Company License #082.0113712 Listed on: 04/18/2022

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,069

Year Built

  • Built in 1899

Lot Details

  • 2,614 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,405 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Schools

  • Integrated Arts Academy Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Mini Split Heat Pump
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $1,316,461
  • Gross Income $21,600
  • Net Operating Income $8,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,069

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Elmwood to Intervale Ave. Right onto Cloarec Court, house is on left near the end. Cloarec Ctis a dead end street
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 359.07
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2105
  • Sq Ft - Apx Total Finished: 1405
  • Year Built: 1899
  • List Agent: 26291
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Dirt, Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1405
  • Sq Ft - Apx Unfinished BG: 700

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Mini Split
  • Cooling: Mini Split
  • Electric Company: Burlington Electric
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable - At Site

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Integrated Arts Academy
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Lot Description: City Lot, Landscaped, Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1419
  • Deed Page: 74
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 21600
  • Net Income: 8435.39
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7068.61
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $504,500 +1.1% $359 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $499,000 -- $355 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4905497

PrimeMLS