Seller's Agent in 2023
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
(802) 846-8800
61 in this area
1,099 Total Sales
186 Pine St Burlington, VT 05401
South End NeighborhoodEstimated Value: $710,000 - $760,000
6
Beds
3
Baths
2,560
Sq Ft
$287/Sq Ft
Est. Value
About This Home
As of April 2023Well-located downtown Burlington 3-unit apartment building with off street parking. Offering one 4-bedroom unit and two 1-bedroom units. Many recent updates, separate utilities, and laundry on site. Investors will appreciate the strong cap rate, fully occupied. Tenants love living three blocks to Church Street Marketplace and the Lake Champlain Waterfront, plus easy access to colleges, hospital, and the South End Arts District, businesses, and restaurants. Invest in Burlington!
Last Agent to Sell the Property
Coldwell Banker Hickok and Boardman Listed on: 11/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,971
Year Built
- Built in 1930
Lot Details
- 5,663 Sq Ft Lot
- Lot Sloped Up
Parking
- Paved Parking
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Slate Roof
- Clap Board Siding
Interior Spaces
- 2,560 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Interior Basement Entry
Utilities
- Heating System Uses Natural Gas
- Water Heater
- High Speed Internet
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Gas Meters
- Operating Expense $18,051
- Gross Income $66,300
- Net Operating Income $48,249
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Apr 20, 2023
Sold by
Nelson Steven
Bought by
Oti Properties Llc
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
List Price
$695,000
Sold Price
$695,000
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,916
Avg. Annual Appreciation
2.04%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oti Properties Llc | $695,000 | -- | |
| Oti Properties Llc | $695,000 | -- | |
| Oti Properties Llc | $695,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $695,000 | 0.0% | $271 / Sq Ft |
| 01/08/2023 01/08/23 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | For Sale | $695,000 | -- | $271 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $13,219 | $472,000 | $143,600 | $328,400 |
| 2023 | $9,973 | $472,000 | $143,600 | $328,400 |
| 2022 | $9,971 | $472,000 | $143,600 | $328,400 |
| 2021 | $10,389 | $472,000 | $143,600 | $328,400 |
| 2020 | $8,854 | $287,700 | $140,200 | $147,500 |
| 2019 | $8,421 | $287,700 | $140,200 | $147,500 |
| 2018 | $8,087 | $287,700 | $140,200 | $147,500 |
| 2017 | $7,663 | $287,700 | $140,200 | $147,500 |
| 2016 | $7,487 | $287,700 | $140,200 | $147,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lipkin Audette Team
Map
Source: PrimeMLS
MLS Number: 4937389
APN: (035) 049-1-031-000
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