NOT LISTED FOR SALE

234 Ethan Allen Pkwy Burlington, VT 05408

New North End Neighborhood
4 Beds
2 Baths
1,680 Sq Ft
9,583 Sq Ft Lot

Last Sold December 09, 2021

Last sale price $404,000 $240 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • High Speed Internet
  • Hiking Trails
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2021

On a sunny street in Burlington's New North End, you'll find a duplex on a large partially fenced in lot with a spacious detached 2 car garage. Each side of the duplex has 2 bedrooms and 1 bath with separate full partially finished basements, and one has a walk out to the back yard. There's plenty of parking in the driveway, each unit has a spacious living room and a large bright kitchen. The communal deck is the best way to enjoy your morning coffee. Across the street from the Ethan Allen Park gives access to walking/biking/running trails, only minutes from Burlington's Church Street and Leddy Beach. Currently operating at a CAP of nearly 6% with great potential to be closer to a CAP of 7%. Separate utilities for each unit and almost no vacancy in the last 5 years. The property has been well maintained with some updates include a new furnace, 4yr old roof, stove, bathtub flooring, paint, and more! Property owned by a licensed Real Estate Agent.

Last Agent to Sell the Property

Mikail Stein

RE/MAX North Professionals License #082.0093313 Listed on: 11/09/2021

RE/MAX North Professionals

Last Buyer's Agent

Dana Valentine

Coldwell Banker Hickok and Boardman License #082.0007186

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,450

Year Built

  • Built in 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • 2 Separate Gas Meters
  • Gross Income $35,100
  • Net Operating Income $23,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,450

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: North on North Ave, right onto Ethan Allen Parkway, property is the second house on the left past sandy lane.
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 240.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3360
  • Sq Ft - Apx Total Finished: 1680
  • Year Built: 1961
  • Remarks Public: On a sunny street in Burlington's New North End, you'll find a duplex on a large partially fenced in lot with a spacious detached 2 car garage. Each side of the duplex has 2 bedrooms and 1 bath with separate full partially finished basements, and one has a walk out to the back yard. There's plenty of parking in the driveway, each unit has a spacious living room and a large bright kitchen. The communal deck is the best way to enjoy your morning coffee. Across the street from the Ethan Allen Park gives access to walking/biking/running trails, only minutes from Burlington's Church Street and Leddy Beach. Currently operating at a CAP of nearly 6% with great potential to be closer to a CAP of 7%. Separate utilities for each unit and almost no vacancy in the last 5 years. The property has been well maintained with some updates include a new furnace, 4yr old roof, stove, bathtub, flooring, paint, and more! Property owned by a licensed Real Estate Agent.
  • List Agent: 20569
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 1680
  • Sq Ft - Apx Unfinished BG: 1680

Exterior Features

  • Driveway: Concrete
  • Exterior: Vinyl
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: Fuses
  • Fuel Company: vermont gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Cooling: Wall AC Units
  • Electric Company: Burlington Electric
  • Phone Company: Verizon
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Owner
  • Utilities: Cable, Gas - On-Site, Internet - Cable, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: Sidewalks, Trail/Near Trail, Walking Trails
  • Surveyed: Unknown
  • Zoning: res
  • Deed Book: 1291
  • Deed Page: 324-325
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 35100
  • Net Income: 23329.58
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7450.36
  • Tax Year: 2022

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
12/09/2021 12/09/21 Sold $404,000 +1.0% $240 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $399,900 -- $238 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mikail Stein

    Seller's Agent in 2021

    Mikail Stein

    RE/MAX

    (800) 639-4520

    10 in this area

    180 Total Sales

    Mikail Stein
    Section Image
  • Dana Valentine

    Buyer's Agent in 2021

    Dana Valentine

    Coldwell Banker Hickok and Boardman

    (802) 324-2348

    11 in this area

    225 Total Sales

    Dana Valentine
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4889994

PrimeMLS
Vermont Chittenden County Burlington 05408 New North End

234 Ethan Allen Pkwy, Burlington, VT

This home is located at 234 Ethan Allen Pkwy, Burlington, VT 05408 since 09 November 2021. This property was built in 1961. 234 Ethan Allen Pkwy is a home located in Chittenden County with nearby schools including C.P. Smith School, Lyman C. Hunt Middle School, and Burlington Senior High School.

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