NOT LISTED FOR SALE
8 Beds
4 Baths
2,584 Sq Ft
3,920 Sq Ft Lot

Last Sold February 05, 2018

Last sale price $630,000 $244 Per Sq Ft

Highlights

  • Deck
  • Covered Patio or Porch
  • High Speed Internet
  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Little Park

About This Home

As of February 2018

Great investment opportunity! Built in 1991, this 4 unit, 8 bedroom investment property is available for the first time! Well-maintained property with separate meters for electric and natural gas, locked storage, washer and dryer hookups for each unit, and a strong rental history. Currently rented under market rates. Delayed showings - Showings begin 12/12/17.

Last Agent to Sell the Property

The Malley Group

KW Vermont License #082.0008557 Listed on: 12/08/2017

KW Vermont

Last Buyer's Agent

Jessica Laffal

Element Real Estate License #082.0082503

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,784

Year Built

  • Built in 1991

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • 4 Units
  • Maintained Community

Building Details

  • 4 Separate Gas Meters
  • Gross Income $45,201
  • Net Operating Income $26,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,784

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Pearl and Willard, travel north on Willard St. Left onto Archibald. Sharp right onto N. Winooski. House on Right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 243.81
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3876
  • Sq Ft - Apx Total Finished: 2584
  • Year Built: 1991
  • Remarks Public: Great investment opportunity! Built in 1991, this 4 unit, 8 bedroom investment property is available for the first time! Well-maintained property with separate meters for electric and natural gas, locked storage, washer and dryer hookups for each unit, and a strong rental history. Currently rented under market rates. Delayed showings - Showings begin 12/12/17.
  • List Agent: 281799
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Vinyl
  • Total Rooms Above Ground: 16
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Stairs - Interior, Storage - Assigned, Storage - Locked
  • Sq Ft - Apx Finished AG: 2584
  • Sq Ft - Apx Unfinished BG: 1292

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle
  • Easements: Unknown
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Parking: Assigned, Off Street, Parking Spaces 4

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: Burlington Electric Dept
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Dumpster, Owner
  • Utilities: Gas - On-Site, High Speed Intrnt -Avail, Telephone Available

Condo/Co-op/Association

  • Restrictions: Pets - None, Smoking - No
  • Association Amenities: Building Maintenance

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: 3920
  • Land Gains: To Be Determined
  • Lot Acres: 0.09
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 947
  • Deed Page: 616-617
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45201
  • Net Income: 26586
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 10784.48
  • Tax Year: 2017

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
02/05/2018 02/05/18 Sold $630,000 -1.6% $244 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $640,000 -- $248 / 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: 4670402

PrimeMLS

APN: (035) 040-2-131-000