NOT LISTED FOR SALE
14 Beds
8 Baths
6,399 Sq Ft
7,492 Sq Ft Lot

Last Sold October 11, 2018

Last sale price $952,000 $149 Per Sq Ft

19 Days on Market

About This Home

As of October 2018

Don't miss this updated 8-Unit Apartment Building in downtown Burlington. This turn-key building features six remodeled 2-bedroom units with updated kitchens and bedrooms plus one-1-bedroom, plus one studio. The apartments offer tin back-splashes, updated flooring and fresh paint. Off-street parking lot, separate utilities and only blocks to Church Street Market place and downtown!

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 07/13/2018

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Bryan Phelps

Zillow, Inc. License #081.0071792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,671

Year Built

  • Built in 1899

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 3-Story Property
  • Vinyl Flooring
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

Overview

  • 8 Units

Building Details

  • 7 Separate Gas Meters
  • Gross Income $101,580
  • Net Operating Income $68,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,671

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Pearl Street, turn North onto George Street, then left onto Peru at the T intersection. 46-50 is on the right at the corner of Peru Street and Murray Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 148.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8876
  • Sq Ft - Apx Total Finished: 6399
  • Property Type: Multi-Family
  • Year Built: 1899
  • Remarks Public: Don't miss this updated 8-Unit Apartment Building in downtown Burlington. This turn-key building features six remodeled 2-bedroom units with updated kitchens and bedrooms plus one-1-bedroom, plus one studio. The apartments offer tin back-splashes, updated flooring and fresh paint. Off-street parking lot, separate utilities and only blocks to Church Street Market place and downtown!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 6399
  • Sq Ft - Apx Unfinished AG: 708
  • Sq Ft - Apx Unfinished BG: 1769

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Slate

Garage/Parking

  • Parking: Off Street, Paved

Utilities

  • Cable Company: Comcast/Burlington Telec.
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Tank
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Electric
  • Electric Company: Burlington Electric
  • Phone Company: Comcast/Burlington Telec.
  • Separate Utilities: Varies
  • Total Electric Meters: 9
  • Total Gas Meters: 7

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 7492
  • Lot Acres: 0.172
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 914
  • Deed Page: 490-491
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 101580
  • Net Income: 68705
  • Total Full Baths: 8
  • Total Units: 8
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 6

Tax Info

  • Tax Gross Amount: 18670.64
  • Tax Year: 2018

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
10/11/2018 10/11/18 Sold $952,000 +0.2% $149 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $950,000 -- $148 / 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: 4706624

PrimeMLS

APN: (035) 044-1-366-000