NOT LISTED FOR SALE
5 Beds
3 Baths
2,288 Sq Ft
3,049 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $500,000 $219 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of April 2022

Investment opportunity near Waterfront and close to Battery Park. This 3 unit has long term tenants. Builder/owner has done upgrades during time of ownership including total renovation on Unit 1. New furnace last year, Rinnai in Unit 2 recently replaced. Great location minutes to Downtown and North Beach. 3D Virtual Tours Available.

Last Agent to Sell the Property

The Nancy Jenkins Team

Nancy Jenkins Real Estate Listed on: 02/07/2022

Last Buyer's Agent

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,740

Year Built

  • Built in 1899

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Bitumen Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,288 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Parquet
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • 3 Car Parking Spaces
  • Gravel Driveway
  • Unpaved Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • 100 Amp Service
  • Water Heater Leased
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $13,847
  • Gross Income $51,300
  • Net Operating Income $37,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,740

Year Built

Built in 1899

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From Main St. turn right onto Battery St. continue onto Park St. turn left onto Sherman St. turn right onto North Ave. Home on the right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 218.53
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3432
  • Sq Ft - Apx Total Finished: 2288
  • Year Built: 1899
  • List Agent: 286444
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Parquet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Dirt Floor, Full, Unfinished
  • Sq Ft - Apx Finished AG: 2288
  • Sq Ft - Apx Unfinished BG: 1144

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Vinyl, Vinyl Siding
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Bitumen, Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 3, Unpaved

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, 110 Volt, Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public Sewer at Street
  • Water: Public Water - On-Site
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Wall Furnace
  • Electric Company: BED
  • Phone Company: Choice
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans
  • Utilities: Cable, Gas - Underground, High Speed Intrnt -Atsite, Telephone At Site

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1171
  • Deed Page: 571
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 51300
  • Net Income: 37453
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8740.16
  • Tax Year: 2022

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Assigned
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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
04/04/2022 04/04/22 Sold $500,000 +2.2% $219 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $489,000 -- $214 / Sq Ft
Source: PrimeMLS

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Map

Source: PrimeMLS

MLS Number: 4897311

PrimeMLS
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