NOT LISTED FOR SALE
6 Beds
3 Baths
1,772 Sq Ft
1,742 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $625,000 $353 Per Sq Ft

82 Days on Market

Highlights

  • Porch
  • Walk-Up Access
  • Carpet
  • Space Heater

About This Home

As of October 2022

Centrally located in the heart of the Queen City, this triplex apartment building on Pine Street is ready for its next owner! Situated just minutes to everything downtown Burlington has to offer, this is an excellent investment opportunity. The property boasts a fantastic layout with 2 bedroom's in each unit. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with brand new unique crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, some new windows and laundry hookups in Unit B's bathroom. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Incredible walkable location less than 5 minutes to the Burlington Waterfront and Church Street Marketplace.

Last Agent to Sell the Property

Amanda Headley

Ridgeline Real Estate Listed on: 05/16/2022

Last Buyer's Agent

Amanda Headley

Ridgeline Real Estate Listed on: 05/16/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,848

Year Built

  • Built in 1899

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,772 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Crawl Space

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Porch

Schools

  • Burlington High School

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $66,300

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,848

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 352.71
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2658
  • Sq Ft - Apx Total Finished: 1772
  • Year Built: 1899
  • List Agent: 284748
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space, Partial, Unfinished
  • Sq Ft - Apx Finished AG: 1772
  • Sq Ft - Apx Unfinished BG: 886

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch

Garage/Parking

  • Parking: Parking Spaces 2

Utilities

  • Electric: Circuit Breaker(s), On-Site
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Monitor Type, Space Heater
  • Electric Company: Burlington Electric
  • Phone Company: Burlington Fiber, Comcast
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3

Fee Information

  • Tax Class: Non-Homestead

Schools

  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 1742
  • Lot Acres: 0.04
  • Lot Description: City Lot
  • Surveyed: Yes
  • Zoning: Res
  • Deed Book: 1588
  • Deed Page: 145-146
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 66300
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 8848
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District

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 Prior Sale
10/14/2022 10/14/22 Sold $625,000 -3.1% $353 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $645,000 -3.0% $364 / Sq Ft
06/22/2022 06/22/22 Price Changed $665,000 -3.3% $375 / Sq Ft
05/16/2022 05/16/22 For Sale $688,000 +71.6% $388 / Sq Ft
04/22/2021 04/22/21 Sold $401,000 +8.4% $226 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $369,900 -- $209 / 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: 4910074

PrimeMLS