NOT LISTED FOR SALE
6 Beds
3 Baths
2,602 Sq Ft
5,227 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $636,000 $244 Per Sq Ft

63 Days on Market

Highlights

  • Wood Flooring
  • Space Heater
  • Wood Siding
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of December 2020

Burlington Triplex just North of downtown and a few blocks from the waterfront and bike path. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and UVM Medical Center. Profitable turn-key investment property with many recent improvements and solid financials. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and University of Vermont Medical Center. Profitable turn-key investment property with many recent improvements and solid financials.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 09/08/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Edie Brodsky

Coldwell Banker Hickok and Boardman License #082.0007279

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,602 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 4 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $16,392
  • Gross Income $56,940
  • Net Operating Income $40,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,605

Year Built

Built in 1920

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From Main Street to Right on Battery Street, left onto North Avenue, right onto Ward Street, property on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 244.43
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3506
  • Sq Ft - Apx Total Finished: 2602
  • Property Type: Multi-Family
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 2602
  • Sq Ft - Apx Unfinished BG: 904

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Parking Spaces 4

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Space Heater
  • Electric Company: Burlington
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot, Sidewalks
  • Surveyed: Unknown
  • Zoning: RMD
  • Deed Book: 1237
  • Deed Page: 204
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 56940
  • Net Income: 40548
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 9605
  • Tax Year: 2020
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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
12/23/2020 12/23/20 Sold $636,000 -3.5% $244 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $659,000 0.0% $253 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $659,000 -- $253 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4827453

PrimeMLS
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