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
  • 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

0

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
  • Remarks Public: 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.
  • 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4827453

PrimeMLS