NOT LISTED FOR SALE

52 Cedar St Burlington, VT 05401

Old North End Neighborhood
14 Beds
8 Baths
6,978 Sq Ft
4,356 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $967,500 $139 Per Sq Ft

55 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • High Speed Internet
  • Corner Lot
  • Outdoor Storage
  • Wood Siding

About This Home

As of October 2016

Attention Investors! Turn-key 9-Unit building just a few blocks from downtown Burlington. Several of the apartments have been tastefully remodeled in the past couple of years. One and two bedroom units for easy rentals. Separate utilities, laundry on site, some parking. Excellent cap rate!

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 06/28/2016

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 06/28/2016

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,468

Year Built

  • Built in 1899

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 6,978 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Slate Flooring
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Individual Controls for Heating
  • Water Heater Leased
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 9 Units

Building Details

  • 9 Separate Gas Meters
  • Gross Income $122,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,468

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: North St to Lafountain St. Home is on the corner of Cedar and Lafountain St.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 138.65
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6978
  • Sq Ft - Apx Total Finished: 6978
  • Year Built: 1899
  • Remarks Public: Attention Investors! Turn-key 9-Unit building just a few blocks from downtown Burlington. Several of the apartments have been tastefully remodeled in the past couple of years. One and two bedroom units for easy rentals. Separate utilities, laundry on site, some parking. Excellent cap rate!
  • List Agent: 5968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Slate/Stone, Tile, Vinyl
  • Total Rooms Above Ground: 35
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 6978

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl, Wood
  • Foundation: Block, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Rolled, Shingle - Asphalt
  • Features Exterior: Porch - Covered, Storage

Garage/Parking

  • Parking: Off Street, On Street, Parking Spaces 4, Paved

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented, Individual, Wall Units
  • Cooling: Individual, Wall AC Units
  • Electric Company: BELD
  • Separate Utilities: Yes
  • Total Electric Meters: 10
  • Total Gas Meters: 9
  • Total Heat Units: 9
  • Total Ranges: 9
  • Total Refrigerators: 9
  • Total Water Heaters: 10
  • Trash: Dumpster
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • 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: 4356
  • Current Use: Unknown
  • Land Gains: To Be Determined
  • Lot Acres: 0.1
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1242
  • Deed Page: 349
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 122400
  • Total Full Baths: 8
  • Total Units: 9
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 7

Tax Info

  • Tax Year Notes: 16/17
  • Tax Gross Amount: 17467.96
  • Tax Year: 2016

MLS Schools

  • 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
10/21/2016 10/21/16 Sold $967,500 -3.2% $139 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $999,000 -- $143 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2016

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

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Map

Source: PrimeMLS

MLS Number: 4501546

PrimeMLS

APN: (035) 044-1-182-000

Vermont Chittenden County Burlington 05401 Old North End

52 Cedar St, Burlington, VT

This home is located at 52 Cedar St, Burlington, VT 05401 since 28 June 2016. This property was built in 1899. 52 Cedar St is a home located in Chittenden County with nearby schools including Integrated Arts Academy at H.O. Wheeler, Edmunds Middle School, and Burlington Senior High School.

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