NOT LISTED FOR SALE

204 North Ave Burlington, VT 05401

Old North End Neighborhood
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

0

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
  • Remarks Public: 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.
  • 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

  • School District: Burlington School District
  • Elementary School: Assigned
  • Middle School: Assigned
  • High School: Burlington High School
  • 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

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
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The Nancy Jenkins Team

    Seller's Agent in 2022

    The Nancy Jenkins Team

    Nancy Jenkins Real Estate

    (802) 846-4888

    13 in this area

    583 Total Sales

    The Nancy Jenkins Team
    Section Image
  • Peter Yee

    Buyer's Agent in 2022

    Peter Yee

    Yellow Sign Commercial Inc.

    (802) 598-0006

    3 in this area

    22 Total Sales

    Peter Yee
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4897311

PrimeMLS
Vermont Chittenden County Burlington 05401 Old North End

204 North Ave, Burlington, VT

This home is located at 204 North Ave, Burlington, VT 05401 since 07 February 2022. This property was built in 1899. 204 North Ave is a home located in Chittenden County with nearby schools including Sustainability Academy at Lawrence Barnes, Lyman C. Hunt Middle School, and Burlington Senior High School.

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