NOT LISTED FOR SALE

2 Decatur St Burlington, VT 05401

Old North End Neighborhood
3 Beds
3 Baths
1,828 Sq Ft
2,614 Sq Ft Lot

Last Sold June 29, 2023

Last sale price $470,000 $257 Per Sq Ft

7 Days on Market

Highlights

  • Covered Patio or Porch
  • High Speed Internet
  • 1-minute walk to Little Park

About This Home

As of June 2023

This beautiful brick triplex is located in the Old North End of Burlington, VT. It currently has excellent long-term tenants that have always taken care of the property, making this a perfect investment opportunity. The property offers 3 units, all 1 bedroom, and 1 bathroom, with available off-street and on-street parking. It is located only minutes from many restaurants, a yoga studio, a grocery store, and much more. It also has close access to Church Street Marketplace, Lake Champlain waterfront, dog parks, A-Dog Skatepark, bike path, colleges, and UVM Medical Center. This is one to see! Showings begin Friday, March 24, 2023. Open House Sunday March 26, 2023 - 11am-2pm

Last Agent to Sell the Property

The Conroy Group

KW Vermont License #081.0004452 Listed on: 03/21/2023

KW Vermont

Last Buyer's Agent

Amanda Headley

Ridgeline Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 1899

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,828 Sq Ft Home
  • 1.75-Story Property

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Apartment Living Space in Basement

Parking

  • Stone Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Sustainability Academy Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

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

Community Details

Overview

  • 3 Units
  • Shoeless Mgt Association, Phone Number (802) 598-7576

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $12,200
  • Gross Income $50,400
  • Net Operating Income $38,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,761

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Level
  • Directions: Heading North on North Winooski Avenue, Turn Left onto Decatur Street, House on Right at end of street, sits on corner of Intervale Avenue and Decatur Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 257.11
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2024
  • Sq Ft - Apx Total Finished: 1828
  • Year Built: 1899
  • List Agent: 289954
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Combination
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Concrete Floor, Walkout, Exterior Access
  • Sq Ft - Apx Finished AG: 1828
  • Sq Ft - Apx Unfinished BG: 196

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Brick
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Porch, Porch - Covered

Garage/Parking

  • Parking: Driveway, Off Street, On Street

Utilities

  • Electric: 100 Amp
  • Fuel Company: Vermont Gas Systems
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Separate
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Electric Company: Burlington Electric
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans, Curbside, Municipal, Owner, Recycle
  • Utilities: Cable - Available, Gas - On-Site, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Mgmt Co Phone: 802-598-7576
  • Management Company: Shoeless Mgt

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Sustainability Academy
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Res. Medium Density
  • Deed Book: 939
  • Deed Page: 244
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50400
  • Net Income: 38200
  • Sale Includes: Land/Building
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 3

Tax Info

  • Tax Year Notes: 22-23
  • Tax Gross Amount: 8760.92
  • Tax Year: 2023

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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Sold Price
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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
06/29/2023 06/29/23 Sold $470,000 +4.4% $257 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $450,000 -- $246 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The Conroy Group

    Seller's Agent in 2023

    The Conroy Group

    KW Vermont

    (802) 999-8410

    10 in this area

    73 Total Sales

    The Conroy Group
    Section Image
  • Amanda Headley

    Buyer's Agent in 2023

    Amanda Headley

    Ridgeline Real Estate

    (802) 370-3073

    5 in this area

    40 Total Sales

    Amanda Headley
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4946084

PrimeMLS
Vermont Chittenden County Burlington 05401 Old North End

2 Decatur St, Burlington, VT

Not Listed for Sale

MultiFamily

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