NOT LISTED FOR SALE

305 Manhattan Dr Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $590,000 - $649,720

5 Beds
3 Baths
2,178 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $536,775 $246 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,280/month

56 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Walk-Up Access
  • High Speed Internet

About This Home

As of January 2022

This Triplex is an easy walk to downtown, colleges and all the arts and culture Burlington has to offer. With a 3 bedroom and two 1 bedroom units, this building with a well established rental history offers loads of opportunity for both the investor looking to add 5 bedrooms to their portfolio, as well as for the owner occupier looking to get started. The 3 bedroom covers the second floor and includes an awesome walk out balcony that adds to the charm and living space and is leased through next May. The 1 bedrooms downstairs are month to month and offer easy access to parking and the green space. Each of the 3 units comes with a washer and dryer and a dedicated parking spot out back for each bedroom - rare for rentals in Burlington. The deep lot currently has some fine looking gardens going and there's plenty of area to be creative. Fire and Safety has been done, EMP's are current and this building is ready to go!

Last Agent to Sell the Property

Mike Conroy

KW Vermont License #081.0004452 Listed on: 08/04/2021

KW Vermont

Last Buyer's Agent

Livian Vermont

KW Vermont License #082.0133781

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,509

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Parking

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

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $3,800
  • Gross Income $46,320
  • Net Operating Income $34,011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,509

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 246.45
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3134
  • Sq Ft - Apx Total Finished: 2178
  • Year Built: 1915
  • Remarks Public: This Triplex is an easy walk to downtown, colleges and all the arts and culture Burlington has to offer. With a 3 bedroom and two 1 bedroom units, this building with a well established rental history offers loads of opportunity for both the investor looking to add 5 bedrooms to their portfolio, as well as for the owner occupier looking to get started. The 3 bedroom covers the second floor and includes an awesome walk out balcony that adds to the charm and living space and is leased through next May. The 1 bedrooms downstairs are month to month and offer easy access to parking and the green space. Each of the 3 units comes with a washer and dryer and a dedicated parking spot out back for each bedroom - rare for rentals in Burlington. The deep lot currently has some fine looking gardens going and there's plenty of area to be creative. Fire and Safety has been done, EMP's are current and this building is ready to go!
  • List Agent: 3475
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2178
  • Sq Ft - Apx Unfinished BG: 956

Exterior Features

  • Driveway: Gravel
  • Exterior: Aluminum, Vinyl Siding
  • Foundation: Block, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle
  • Easements: Unknown

Garage/Parking

  • Parking: Off-Site, Parking Spaces 5

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available, Gas - Underground, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot, Level
  • Row Parcel Access: Unknown
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 988
  • Deed Page: 20-21
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 46320
  • Net Income: 34011
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 20-21
  • Tax Gross Amount: 8509.28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2007
Sold by
Flynn Liam
Bought by
Woodard Sarah M
Current Estimated Value
$629,430
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woodard Sarah M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $536,775 -0.6% $246 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $540,000 0.0% $248 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $540,000 -- $248 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $10,284 $425,500 $119,700 $305,800
2023 $8,991 $425,500 $119,700 $305,800
2022 $8,989 $425,500 $119,700 $305,800
2021 $9,365 $425,500 $119,700 $305,800
2020 $8,509 $276,500 $106,400 $170,100
2019 $8,093 $276,500 $106,400 $170,100
2018 $7,772 $276,500 $106,400 $170,100
2017 $7,365 $276,500 $106,400 $170,100
2016 $7,196 $276,500 $106,400 $170,100
Source: Public Records

Agents Affiliated with this Home

  • Mike Conroy

    Seller's Agent in 2022

    Mike Conroy

    KW Vermont

    (802) 863-9100

    4 in this area

    113 Total Sales

    Mike Conroy
    Section Image

  • L

    Buyer's Agent in 2022

    Livian Vermont

    KW Vermont

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4875877

PrimeMLS

APN: (035) 039-4-086-000

Vermont Chittenden County Burlington 05401 Old North End

305 Manhattan Dr, Burlington, VT

This home is located at 305 Manhattan Dr, Burlington, VT 05401 since 04 August 2021 and is currently estimated at $629,430, approximately $288 per square foot. This property was built in 1915. 305 Manhattan Dr is a home located in Chittenden County with nearby schools including Integrated Arts Academy at H.O. Wheeler, Edmunds Middle School, and Burlington Senior High School.

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