NOT LISTED FOR SALE
11 Beds
6 Baths
5,814 Sq Ft
10,019 Sq Ft Lot

Last Sold September 21, 2017

Last sale price $984,750 $169 Per Sq Ft

5 Days on Market

Highlights

  • Baseboard Heating
  • 8 Car Garage
  • Coin Laundry

About This Home

As of September 2017

Don't miss this rare opportunity to own a spectacular piece of real estate in the heart of downtown Burlington. Spacious units in superior condition that include wood flooring and in some cases granite counter tops & gas fireplaces! A rare find and centrally located, this property also includes 8 carports and many long term tenants who love living in such a beautiful Burlington property. With rents to increase, this may be the deal you've been looking for!

Last Agent to Sell the Property

Brian Armstrong

KW Vermont License #081.0004255 Listed on: 07/07/2017

KW Vermont

Last Buyer's Agent

Karin Ericson

KW Vermont License #081.0096692

KW Vermont

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $21,287

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 8 Car Garage
  • Carport
  • Shared Driveway
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Water Heater

Community Details

Building Details

  • Gross Income $1,007,467
  • Net Operating Income $63,014

Additional Features

  • 6 Units
  • Coin Laundry

Property Details

Home Type

Apartment

Est. Annual Taxes

$21,287

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Main St, take a left onto St. Paul (North) . Look for sign on Rt.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 169.38
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7382
  • Sq Ft - Apx Total Finished: 5814
  • Year Built: 1960
  • Remarks Public: Don't miss this rare opportunity to own a spectacular piece of real estate in the heart of downtown Burlington. Spacious units in superior condition that include wood flooring and in some cases granite counter tops & gas fireplaces! A rare find and centrally located, this property also includes 8 carports and many long term tenants who love living in such a beautiful Burlington property. With rents to increase, this may be the deal you've been looking for!
  • List Agent: 3481
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Partial, Slab
  • Sq Ft - Apx Finished AG: 5814
  • Sq Ft - Apx Unfinished BG: 1568

Exterior Features

  • Construction: Masonry, Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Brick, Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Garage Capacity: 8
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Carport

Utilities

  • Electric: 220 Plug, Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: Burlington Electric
  • Separate Utilities: Varies
  • Total Electric Meters: 7

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District

Lot Info

  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot
  • Row Parcel Access: Yes
  • Row To Other Parcel: Unknown
  • Surveyed: Unknown
  • Zoning: Mixed
  • Deed Book: 1036
  • Deed Page: 502
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 1007467
  • Net Income: 63014
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 21286.68
  • Tax Year: 2017

MLS Schools

  • School District: Burlington School District

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
09/21/2017 09/21/17 Sold $984,750 -1.0% $169 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $995,000 -- $171 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4645848

PrimeMLS

APN: (035) 049-4-033-000