NOT LISTED FOR SALE
6 Beds
4 Baths
2,280 Sq Ft
4,356 Sq Ft Lot

Last Sold September 30, 2019

Last sale price $570,000 $250 Per Sq Ft

136 Days on Market

Highlights

  • Deck
  • Porch
  • High Speed Internet
  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Battery Park

About This Home

As of September 2019

Well maintained and fully rented 4 unit multi-family in Burlington. Nice units with all recent inspections. Located near Downtown and Battery Park, making it a walk to everything location. The Location also provides easy access to New North End, Winooski and Colchester. If you’re looking for an investment opportunity, great numbers on this one.

Last Agent to Sell the Property

Don Marcelino

The Marcelino Team License #081.0002250 Listed on: 03/08/2019

Last Buyer's Agent

Don Marcelino

The Marcelino Team License #081.0002250 Listed on: 03/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,633

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Edmunds Middle School
  • Burlington High School

Utilities

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

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $17,214
  • Gross Income $58,800
  • Net Operating Income $41,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,633

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From the bottom of Main St. take a right onto Battery St, go past College St, Cherry St and Pearl St, then Monroe will be the next Street on right, property is on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 250
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3420
  • Sq Ft - Apx Total Finished: 2280
  • Year Built: 1910
  • Remarks Public: Well maintained and fully rented 4 unit multi-family in Burlington. Nice units with all recent inspections. Located near Downtown and Battery Park, making it a walk to everything location. The Location also provides easy access to New North End, Winooski and Colchester. If you’re looking for an investment opportunity, great numbers on this one.
  • List Agent: 22785
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Stairs - Exterior, Unfinished
  • Sq Ft - Apx Finished AG: 2280
  • Sq Ft - Apx Unfinished BG: 1140

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch

Garage/Parking

  • Parking: Off Street

Utilities

  • Cable Company: Burl Tel
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Gas Heater - Vented, Hot Water
  • Electric Company: BED
  • Phone Company: Burl Tel
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Owner
  • Utilities: Cable, Dsl, High Speed Intrnt -Avail, Telephone At Site

Condo/Co-op/Association

  • Restrictions: COC Required to Lease

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 4356
  • Current Use: Yes
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RH
  • Deed Recorded Type: Deed to Seller Not Recorded

Multi Family

  • Gross Income: 58800
  • Net Income: 41586
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 19/20
  • Tax Gross Amount: 10633.4
  • Tax Year: 2019

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 Change Sq Ft Price
09/30/2019 09/30/19 Sold $570,000 -1.7% $250 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $579,900 -3.3% $254 / Sq Ft
05/30/2019 05/30/19 Price Changed $599,900 -5.5% $263 / Sq Ft
05/06/2019 05/06/19 Price Changed $634,900 -1.6% $278 / Sq Ft
04/09/2019 04/09/19 Price Changed $644,900 -0.8% $283 / Sq Ft
03/08/2019 03/08/19 For Sale $649,900 +49.4% $285 / Sq Ft
05/15/2014 05/15/14 Sold $435,000 0.0% $231 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $435,000 -- $231 / 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: 4739869

PrimeMLS

APN: (035) 044-2-127-000