Seller's Agent in 2018
Warren Palm
BHHS Vermont Realty Group/S Burlington
(802) 658-5555
61 Total Sales
515 S Union St Burlington, VT 05401
South End Neighborhood
9
Beds
2
Baths
3,241
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Wood Siding
- Covered Patio or Porch
- High Speed Internet
About This Home
As of January 2018This property is an ideal situation for owner occupied with a very good positive cash flow with owner occupied financing. This could also work well for extended family situation. Unusual pre-existing situation with 2 residential buildings on one lot. The first at 515 So Union is a large, 1572 sq ft, single family home with 4 bedrooms, large kitchens, living room, den, usable basement, front "sittin'" porch, hardwoods floors, well restored attractive original woodwork and staircase. The 2nd, at 540 St Paul St, has 2 apartments, a 3 bedroom on first level and a 2 bedroom on second level. There are at least 2 scenarios for profitable owner occupied situation; owner living in large house and rent 3 other bedrooms and gets income from the apartments or rent all 4 bedrooms out in house and occupy one of the units in 540 St Paul. Either way there is a really good positive cash flow. This property is very well located and near shopping, schools, I89, public transportation, and only minutes to downtown and colleges.
Last Agent to Sell the Property
BHHS Vermont Realty Group/S Burlington License #082.0001994 Listed on: 01/31/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,956
Year Built
- Built in 1919
Lot Details
- 3,485 Sq Ft Lot
- Lot Sloped Up
Parking
- 1 Car Detached Garage
- On-Street Parking
- Off-Site Parking
Home Design
- Wood Frame Construction
- Shingle Roof
- Slate Roof
- Membrane Roofing
- Wood Siding
- Clap Board Siding
Interior Spaces
- 2 Full Bathrooms
- 3,241 Sq Ft Home
- 2-Story Property
- Window Screens
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Crawl Space
Outdoor Features
- Covered Patio or Porch
Utilities
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Gas Meters
- Gross Income $57,120
- Net Operating Income $41,799
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/04/2018 01/04/18 | Sold | $490,000 | -14.8% | $151 / Sq Ft |
| 09/10/2017 09/10/17 | Pending | -- | -- | -- |
| 01/31/2017 01/31/17 | For Sale | $575,000 | -- | $177 / Sq Ft |
Source: PrimeMLS
Agents Affiliated with this Home
-
Warren Palm
-
Steve Lipkin
Buyer's Agent in 2018
Steve Lipkin
Coldwell Banker Hickok and Boardman
(802) 846-9520
Map
Source: PrimeMLS
MLS Number: 4616662
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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