A
Seller's Agent in 2014
Aaron Chiaravelotti
KW Vermont
(802) 922-6282
24 Total Sales
56 Cedar St Burlington, VT 05401
Old North End Neighborhood
14
Beds
8
Baths
6,978
Sq Ft
4,356
Sq Ft Lot
Highlights
- Main Floor Bedroom
- Covered Patio or Porch
- Accessible Parking
- Corner Lot
- Balcony
- Bathroom on Main Level
About This Home
As of January 2014Wonderful investment opportunity in this amazing property. Here is a very rare 9 unit income producing multi family home in downtown Burlington. Total of 16 bedrooms with 7 two bedroom units and 2 one bedroom units, all with great functional layouts. Long term tenants with an excellent rental history and room to increase rental income. Current cap rate is 9.4%. Projected net operating income is $82,462. Possibility to increase cash flow and add coin operated laundry room that can be accessed by all tenants. With off street parking and storage this property is a must see for anyone looking! Apt 9 is a 2 bedroom 1 bath unit being rented at $900/month. Motivated, but not desperate seller.
Last Agent to Sell the Property
KW Vermont License #082.0008470 Listed on: 05/23/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,758
Year Built
- Built in 1899
Lot Details
- 4,356 Sq Ft Lot
- Corner Lot
- Lot Sloped Up
Home Design
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Rolled or Hot Mop Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 6,978 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
Flooring
- Carpet
- Laminate
- Slate Flooring
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 8 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Dirt Floor
- Basement Storage
Parking
- 6 Car Parking Spaces
- Paved Parking
- On-Street Parking
- Off-Street Parking
Accessible Home Design
- Hard or Low Nap Flooring
- Accessible Parking
- Ramped or Level from Garage
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Storage
Schools
- Edmunds Elementary School
- Lyman C. Hunt Middle School
Utilities
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Separate Meters
- Individual Controls for Heating
- Water Heater Leased
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Rent includes ground maintenance, sewer, trash, water
- Tax Lot 182
Community Details
Overview
- 9 Units
Building Details
- 10 Separate Gas Meters
- Gross Income $99,888
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
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 |
|---|---|---|---|---|
| 01/31/2014 01/31/14 | Sold | $735,000 | -6.4% | $105 / Sq Ft |
| 11/02/2013 11/02/13 | Pending | -- | -- | -- |
| 05/23/2013 05/23/13 | For Sale | $785,000 | -- | $112 / Sq Ft |
Source: PrimeMLS
Agents Affiliated with this Home
-
Aaron Chiaravelotti
-
Steve Lipkin
Buyer's Agent in 2014
Steve Lipkin
Coldwell Banker Hickok and Boardman
(802) 846-9520
Map
Source: PrimeMLS
MLS Number: 4240279
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.
Nearby Homes
- 26 Rose St
- 25 Intervale Ave
- 105 Lafountain St
- 232 Manhattan Dr Unit 6
- 28 Murray St
- 299 Manhattan Dr
- 235 Park St Unit 7
- 78 Pitkin St
- 25 Peru St
- 73-75 N Champlain St
- 47 Pitkin St
- 354 Manhattan Dr Unit 14
- 21 Hyde St
- 76 Ward St
- 44-46 Sherman St
- 86 N Union St
- 20 Clarke St Unit 1
- 26 Bright St Unit A
- 64 Hyde St
- 120 Depot St
- 64 Cedar St Unit 66
- 46 Lafountain St
- 46 Lafountain St Unit 1
- 34-36 Lafountain St
- 68 Cedar St
- 59 Cedar St
- 52 Cedar St
- 50 Lafountain St
- 74 Cedar St
- 61 Cedar St
- 37 Lafountain St
- 32 Lafountain St
- 45 Lafountain St
- 33 Lafountain St Unit A
- 33 Lafountain St Unit B
- 46 Cedar St
- 49 Lafountain St Unit 2
- 45 Cedar St
- 31 Lafountain St
- 47 Lafountain St
Your Personal Tour Guide
Ask me questions while you tour the home.