NOT LISTED FOR SALE

26 Drew St Burlington, VT 05401

Old North End Neighborhood
4 Beds
4 Baths
3,200 Sq Ft
3,485 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $500,000 $156 Per Sq Ft

59 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Partially Fenced Property
  • Porch
  • High Speed Internet

About This Home

As of November 2020

Check out this 4-Unit apartment building in the western part of the Old North End neighborhood just a couple blocks from Waterfront Park, Battery Park and the bike path. All 1 (plus!) bedroom units with flexible floor plans including den/offices and dining rooms in addition to kitchens and living rooms. Significant upside to rents, tenants pay heat and electric, some off-street parking, cozy fenced yard. Easy access to downtown, Lake Champlain, colleges and hospital.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 07/13/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 07/13/2020

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,586

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up
  • Garden

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 2 Car Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $20,067
  • Gross Income $44,000
  • Net Operating Income $24,333

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,586

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From North Avenue, turn onto North Street, left onto Drew Street, building on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 156.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4800
  • Sq Ft - Apx Total Finished: 3200
  • Property Type: Multi-Family
  • Year Built: 1920
  • Remarks Public: Check out this 4-Unit apartment building in the western part of the Old North End neighborhood just a couple blocks from Waterfront Park, Battery Park and the bike path. All 1 (plus!) bedroom units with flexible floor plans including den/offices and dining rooms in addition to kitchens and living rooms. Significant upside to rents, tenants pay heat and electric, some off-street parking, cozy fenced yard. Easy access to downtown, Lake Champlain, colleges and hospital.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3200
  • Sq Ft - Apx Unfinished BG: 1600

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Fence - Partial, Garden Space, Porch

Garage/Parking

  • Parking: Driveway, Parking Spaces 2

Utilities

  • Cable Company: Burlington Telecom
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Wall Units
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Owner
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 587
  • Deed Page: 749
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 44000
  • Net Income: 24333
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9586.4
  • Tax Year: 2020

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 List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $500,000 -2.0% $156 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $510,000 -5.6% $159 / Sq Ft
07/13/2020 07/13/20 For Sale $540,000 -- $169 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2020

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    106 in this area

    1,132 Total Sales

    Lipkin Audette Team
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4816323

PrimeMLS

APN: (035) 043-3-140-000

Vermont Chittenden County Burlington 05401 Old North End

26 Drew St, Burlington, VT

This home is located at 26 Drew St, Burlington, VT 05401 since 13 July 2020. This property was built in 1920. 26 Drew St 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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