NOT LISTED FOR SALE
6 Beds
3 Baths
3,511 Sq Ft
6,534 Sq Ft Lot

Last Sold August 15, 2013

Last sale price $380,000 $108 Per Sq Ft

38 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of August 2013

Nice building in a fantastic downtown location. Year leases until 2014 on all units. Sufficient parking, plus older 2 car detached garage. 2 currently occupied units are under market rent for long term tenants - see Income and Expense sheet for projections. Tenants pay utilities, 1 and 3 bedroom units are VT Gas, 2 bedroom unit is electric heat. Minimum Housing and Burlington Fire Marshal inspections complete, and punch lists are in the process of being completed for certificates. BEL Time of Sale certificate has been issued. EMP is in process of being filed. Permits in process for egress windows and new shingle roof on pitched roof areas. Flat roof areas replaced in 2011.

Last Agent to Sell the Property

Matt Hurlburt

RE/MAX North Professionals - Burlington License #081.0100335 Listed on: 06/04/2013

RE/MAX North Professionals - Burlington

Last Buyer's Agent

Gregory Clairmont

Greg Clairmont and Associates . License #081.0003055

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

  • Edmunds Middle School
  • Burlington High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes parking, sewer, trash, water

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: From intersection of Main Street and So. Winooski Ave, south on So. Winooski Ave, cross intersection with Spruce St to third drive on right.
  • Assessment Amount: 375700
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 173.83
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 3511
  • Year Built: 1937
  • Remarks Public: Nice building in a fantastic downtown location. Year leases until 2014 on all units. Sufficient parking, plus older 2 car detached garage. 2 currently occupied units are under market rent for long term tenants - see Income and Expense sheet for projections. Tenants pay utilities, 1 and 3 bedroom units are VT Gas, 2 bedroom unit is electric heat. Minimum Housing and Burlington Fire Marshal inspections complete, and punch lists are in the process of being completed for certificates. BEL Time of Sale certificate has been issued. EMP is in process of being filed. Permits in process for egress windows and new shingle roof on pitched roof areas. Flat roof areas replaced in 2011.
  • List Agent: 20557
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Description: Partially Finished
  • Sq Ft - Apx Finished AG: 2186
  • Sq Ft - Apx Finished BG: 1325

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Stone, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Other

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street, On Street, Unassigned
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Electric Company: BED
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans, Owner, Recycle
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot
  • Surveyed: Yes
  • Zoning: RM
  • Deed Book: 436
  • Deed Page: 616
  • Deed Recorded Type: Quit Claim

Rental Info

  • Rent Includes: Parking, Sewer, Trash, Water

Multi Family

  • Gross Income: 36000
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 13-14
  • Tax Gross Amount: 9579.97

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School

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
08/15/2013 08/15/13 Sold $380,000 -3.8% $108 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $395,000 -- $113 / 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: 4243564

PrimeMLS