NOT LISTED FOR SALE
4 Beds
4 Baths
3,200 Sq Ft
3,485 Sq Ft Lot Lot

Sale Details

Date 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

3,485 Sq Ft Lot

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
  • 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
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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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,387 $512,500 $246,500 $266,000
2023 $10,829 $512,500 $246,500 $266,000
2022 $10,827 $512,500 $246,500 $266,000
2021 $11,280 $512,500 $246,500 $266,000
2020 $9,586 $311,500 $160,200 $151,300
2019 $9,117 $311,500 $160,200 $151,300
2018 $8,756 $311,500 $160,200 $151,300
2017 $8,297 $311,500 $160,200 $151,300
2016 $8,107 $311,500 $160,200 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4816323

PrimeMLS

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

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