NOT LISTED FOR SALE

355 S Union St Burlington, VT 05401

8 Beds
-- Bath
6,074 Sq Ft
8,276 Sq Ft Lot

Last Sold February 20, 2015

Last sale price $1,051,000 $173 Per Sq Ft

81 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Hot Water Heating System

About This Home

As of February 2015

Landmark Brick Burlington 13 Unit Multi-Family. All apartments are fully occupied with strong upside potential. Significant improvements include: electrical, sprinkler and heating systems. Rare opportunity to acquire extraordinary property in prime Burlington Hill section location.

Last Listed By

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 09/22/2014

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,634

Year Built

  • Built in 1872

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof
  • Masonry

Interior Spaces

  • 4-Story Property
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Apartment Living Space in Basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Assigned Elementary School
  • Edmunds Middle School
  • Burlington High School

Additional Features

  • Enclosed patio or porch
  • City Lot
  • Hot Water Heating System

Listing and Financial Details

  • Rent includes ground maintenance, heat, parking, plowing, sewer, snow removal, trash, water

Community Details

Overview

  • 13 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $113,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,634

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Head North on South Union Street, cross Cliff Street, on left just before Spruce Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 4+
  • Price Per Sq Ft: 173.03
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 6074
  • Unit Info: Heat - Natural Gas, Refrigerator, Smoke Detector
  • Year Built: 1872
  • Remarks Public: Landmark Brick Burlington 13 Unit Multi-Family. All apartments are fully occupied with strong upside potential. Significant improvements include: electrical, sprinkler and heating systems. Rare opportunity to acquire extraordinary property in prime Burlington Hill section location.
  • List Agent: 5968
  • Architectural Style: Other
  • ResoLotFeatures: City Lot, In Town, Near Shopping, Near Public Transportatn
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Equipment: Smoke Detectr-Hard Wired, Sprinkler System
  • Features Interior: Attic - Finished
  • Flooring: Carpet, Hardwood
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Finished, Stairs - Interior
  • Sq Ft - Apx Finished AG: 4412
  • Sq Ft - Apx Finished BG: 1662

Exterior Features

  • Driveway: Gravel, Right-Of-Way (ROW)
  • Foundation: Stone
  • Road Frontage: Yes
  • Roof: Slate
  • Features Exterior: Porch - Covered, Porch - Enclosed
  • Construction Type: Masonry, Other, Brick Exterior

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Heating: Natural Gas, Hot Water
  • Electric Company: BED
  • Separate Utilities: Varies
  • Total Electric Meters: 14
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 13
  • Total Refrigerators: 13
  • Trash: Dumpster
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 8276
  • Current Use: Unknown
  • Land Gains: To Be Determined
  • Lot Acres: 0.19
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Surveyed: Unknown
  • Zoning: RL
  • Deed Book: 789
  • Deed Page: 35-37
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Heat, Parking, Plowing, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 113520
  • Total Units: 13
  • Total1 Bedroom Units: 13

Tax Info

  • Tax Year Notes: 14-15
  • Tax Gross Amount: 19634.23

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
02/20/2015 02/20/15 Sold $1,051,000 -4.5% $173 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $1,100,000 -- $181 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2015

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
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Map

Source: PrimeMLS

MLS Number: 4385100

PrimeMLS

Vermont Chittenden County Burlington 05401

355 S Union St, Burlington, VT

Homes for Sale in Burlington, VT

This home is located at 355 S Union St, Burlington, VT 05401 since 22 September 2014. This property was built in 1872. 355 S Union St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

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