NOT LISTED FOR SALE
14 Beds
6 Baths
4,468 Sq Ft
3,485 Sq Ft Lot

Last Sold December 21, 2021

Last sale price $850,000 $190 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Property is Fully Fenced
  • Walk-Up Access
  • High Speed Internet
  • Mini Split Air Conditioners
  • Heating System Uses Gas

About This Home

As of December 2021

Large six unit with good income. New triple deck wrap around porches, new hardy board siding. Most units renovated in last five years. Great income producer with plenty of room to grow on the rents. Seller is a licensed VT Real Estate Broker.

Last Agent to Sell the Property

Frank D. Marcou Jr

Marcou Real Estate License #081.0003979 Listed on: 08/17/2021

Last Buyer's Agent

Amanda Headley

Ridgeline Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,813

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot
  • Property is Fully Fenced
  • Lot Sloped Up

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Membrane Roofing
  • Clap Board Siding
  • Cement Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,468 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Basement

  • Walk-Up Access
  • Dirt Floor

Schools

  • Edmunds Middle School
  • Burlington High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Mini Split Heat Pump
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $14,127
  • Gross Income $88,320
  • Net Operating Income $74,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,813

Year Built

Built in 1897

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Directions: From North St house on right just before Cedar St
  • Assessment Amount: 673000
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 190.24
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5468
  • Sq Ft - Apx Total Finished: 4468
  • Year Built: 1897
  • List Agent: 11523
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Total Rooms Above Ground: 28
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor, No Tenant Access
  • Sq Ft - Apx Finished AG: 4468
  • Sq Ft - Apx Unfinished BG: 1000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Concrete
  • Exterior: Cement, Clapboard
  • Foundation: Fieldstone, Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Fence - Full

Utilities

  • Cable Company: Comcast, Burlington Telec
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vt Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Direct Vent, Gas Heater - Vented, Heat Pump, Mini Split
  • Cooling: Mini Split
  • Electric Company: BED
  • Phone Company: Consolidated
  • Separate Utilities: Yes
  • Total Electric Meters: 7
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Cans
  • Utilities: Cable - At Site, Fiber Optic Internt Avail, Gas - On-Site, High Speed Intrnt -Avail, Internet - Cable, Internet - Fiber Optic

Fee Information

  • Tax Class: Non-Homestead

Schools

  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Zoning: RMD
  • Deed Book: 928
  • Deed Page: 461
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 88320
  • Net Income: 74193
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 14813
  • Tax Year: 20212022

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

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $850,000 +9.1% $190 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $779,000 -- $174 / 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 $17,973 $743,600 $224,900 $518,700
2023 $14,220 $743,600 $224,900 $518,700
2022 $14,218 $673,000 $224,900 $448,100
2021 $14,813 $673,000 $224,900 $448,100
2020 $11,950 $388,300 $146,200 $242,100
2019 $8,524 $388,300 $146,200 $242,100
2018 $10,344 $388,300 $146,200 $242,100
2017 $10,344 $388,300 $146,200 $242,100
2016 $10,106 $388,300 $146,200 $242,100
2015 -- $3,592 $0 $0
2014 -- $3,592 $0 $0
2013 -- $3,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4878008

PrimeMLS

APN: (035) 044-1-189-000

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