NOT LISTED FOR SALE

Estimated Value: $524,000 - $620,983

3 Beds
2 Baths
1,848 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $225,000 $122 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,873/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Garden
  • Covered Patio or Porch
  • Shed
  • Landscaped

About This Home

As of January 2020

Great income-producing investment opportunity! This duplex in the heart of downtown Burlington has 2 units and so much potential! The first unit offers 1 bedroom (with potential for a second), 1 full bathroom, kitchen, dining room, living room and a large sunroom. The second unit is currently tenant occupied and offers 2 bedrooms, 1 full bath, kitchen, dining room, and living room. This property still has some of the original hardwood flooring and other unique historical features. The deep lot is a rare find in downtown Burlington! With several perennial gardens and a large vegetable garden, plus additional yard space, this home is a must-see! There is even a storage shed and a garage for additional storage space. Priced well based on condition. Great location close to 127, and just a short walk to Battery Park, the Waterfront, Church street, and bus lines!

Last Agent to Sell the Property

The Malley Group

KW Vermont License #082.0008557 Listed on: 11/07/2019

KW Vermont

Last Buyer's Agent

Aaron Chiaravelotti

KW Vermont License #082.0008470

KW Vermont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Lot Sloped Up
  • Garden

Parking

  • 1 Car Detached Garage
  • Dirt Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,848 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Edmunds Middle School
  • Burlington High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Snow Removal

Building Details

  • 2 Separate Gas Meters
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: West on Pearl Street, right onto North Champlain/127 to 171 on left. Driveway is to the right of the house. Park behind building and behind shed.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 121.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3096
  • Sq Ft - Apx Total Finished: 1848
  • Year Built: 1888
  • List Agent: 281799
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Dirt Floor, Full, Stairs - Interior
  • Sq Ft - Apx Finished AG: 1848
  • Sq Ft - Apx Unfinished BG: 1248

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural, Slate
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Garden Space, Outbuilding, Porch - Covered, Shed

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Off Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Free Standing, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Monitor Type
  • Electric Company: Burlington Electric
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Trash: Owner
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite

Condo/Co-op/Association

  • Association Amenities: Snow Removal, Landscaping

Fee Information

  • Tax Class: Homestead

Schools

  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot, Sidewalks
  • Row Parcel Access: Yes
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 542
  • Deed Page: 3
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 9600
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: Prebate
  • Tax Gross Amount: 5737.16
  • Tax Year: 2020

MLS Schools

  • School District: Burlington School District
  • 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 List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $225,000 -10.0% $122 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $250,000 -- $135 / 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 $10,386 $429,700 $124,800 $304,900
2023 $9,080 $429,700 $124,800 $304,900
2022 $9,078 $429,700 $124,800 $304,900
2021 $9,918 $450,600 $124,800 $325,800
2020 $6,229 $202,400 $110,600 $91,800
2019 $5,737 $202,400 $110,600 $91,800
2018 $5,485 $202,400 $110,600 $91,800
2017 $5,275 $202,400 $110,600 $91,800
2016 $5,080 $202,400 $110,600 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4784618

PrimeMLS

APN: (035) 044-1-116-000