NOT LISTED FOR SALE

161 S Prospect St Burlington, VT 05401

Hill Section Neighborhood
8 Beds
5 Baths
3,641 Sq Ft
4,356 Sq Ft Lot

Last Sold January 25, 2013

Last sale price $695,000 $191 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Wood Siding
  • 1 Car Detached Garage
  • Baseboard Heating
  • 3-minute walk to Fountain on the Green

About This Home

As of January 2013

Premier 5 Unit Apartment building in Burlington's best location! Steps to campus, hospital and only minutes to downtown. Notably well maintained, spacious apartments with hardwood floors and numerous built-ins. Great tenants, fully rented, separate utilities, strong financials.

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 11/12/2012

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 11/12/2012

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,448

Year Built

  • Built in 1899

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Edmunds Middle School
  • Burlington High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Individual Controls for Heating
  • Water Heater Leased
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes parking, sewer, trash, water

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,448

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: Head East on Maple Street to top of the hill. Left on South Prospect - property on left just before Main Street.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 235.43
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 3641
  • Year Built: 1899
  • Remarks Public: Premier 5 Unit Apartment building in Burlington's best location! Steps to campus, hospital and only minutes to downtown. Notably well maintained, spacious apartments with hardwood floors and numerous built-ins. Great tenants, fully rented, separate utilities, strong financials.
  • List Agent: 5968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Flooring: Hardwood
  • Basement: Yes
  • Basement Description: Full, Partially Finished
  • Sq Ft - Apx Finished AG: 2952
  • Sq Ft - Apx Finished BG: 689

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Garage Capacity: 1
  • Parking: On-Site
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Individual, Wall Units
  • Cooling: Wall AC Units, Individual
  • Electric Company: BED
  • Phone Company: FairPoint
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Map: .
  • Lot: .
  • Lot Sq Ft: 4356
  • Current Use: Unknown
  • Land Gains: To Be Determined
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RL
  • Deed Book: 569
  • Deed Page: 250
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Parking, Sewer, Trash, Water

Multi Family

  • Gross Income: 56400
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Year Notes: 11-12
  • Tax Gross Amount: 13448.17

MLS Schools

  • School Middle Jr: Edmunds Middle School

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
01/25/2013 01/25/13 Sold $695,000 +40.4% $191 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $495,000 -- $136 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2013

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4197288

PrimeMLS

APN: (035) 050-3-012-000

Vermont Chittenden County Burlington 05401 Hill Section

161 S Prospect St, Burlington, VT

This home is located at 161 S Prospect St, Burlington, VT 05401 since 12 November 2012. This property was built in 1899. 161 S Prospect St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

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