NOT LISTED FOR SALE
7 Beds
4 Baths
2,328 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: August 25, 2020

Last sale price $525,000 $226 Per Sq Ft

10 Days on Market

About This Home

As of August 2020

Excellent investment opportunity, Well maintained 4 Unit rental property with great location, convenient to Downtown, UVM/Champlain College, Hospital and bus line. Positive cash flow and good rental history. The building has 3 2-bedroom units and 1 1- bedroom unit. Plenty of off-street parking and close to downtown opportunities.

Last Agent to Sell the Property

Alex LaVigne

Coldwell Banker Islands Realty Listed on: 06/08/2020

Coldwell Banker Islands Realty

Last Buyer's Agent

Alex LaVigne

Coldwell Banker Islands Realty Listed on: 06/08/2020

Coldwell Banker Islands Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,341

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Slate Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 5 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Edmunds Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $55,800
  • Net Operating Income $40,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,341

Year Built

Built in 1890

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Pearl St to North Willard. Property on left.
  • Assessment Amount: 353300
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 225.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3291
  • Sq Ft - Apx Total Finished: 2328
  • Year Built: 1890
  • List Agent: 285180
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Crawl Space, Unfinished
  • Sq Ft - Apx Finished AG: 2328
  • Sq Ft - Apx Unfinished AG: 522
  • Sq Ft - Apx Unfinished BG: 441

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum
  • Foundation: Block, Stone w/ Skim Coating
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural, Slate

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 4, Parking Spaces 5

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented
  • Total Water Heaters: 4
  • Utilities: Cable, Gas - Underground, High Speed Intrnt -Avail, Phone

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Edmunds Elementary School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1187
  • Deed Page: 732-733
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 55800
  • Net Income: 40590
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 10340.72
  • Tax Year: 2019

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $525,000 -2.6% $226 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $539,000 -- $232 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4809761

PrimeMLS
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