NOT LISTED FOR SALE

57 Buell St Burlington, VT 05401

Downtown Burlington Neighborhood
-- Bed
8 Baths
4,491 Sq Ft
4,487 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $1,165,000 $259 Per Sq Ft

337 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • Walk-Up Access

About This Home

As of April 2021

Well maintained 8 Unit Apartment Building in Burlington located in an Opportunity Zone. Recent updates include entire building fully insulated by VT Gas, completely new front porch, repaired back porch, refinished all wood floors, joined all gas services into one, Demo'd cribbage in basement, painted most units and replaced all owners lights with LED's. Great investment opportunity-located near shopping, hospital and colleges.

Last Agent to Sell the Property

Don Marcelino

The Marcelino Team License #081.0002250 Listed on: 04/17/2020

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,690

Year Built

  • Built in 1910

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 8 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $44,288
  • Gross Income $124,860
  • Net Operating Income $80,572

Property Details

Home Type

Apartment

Est. Annual Taxes

$22,690

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Main St go north on S.Union St, take a right onto Buell St. property is on the right.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 259.41
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7789
  • Sq Ft - Apx Total Finished: 4491
  • Property Type: Multi-Family
  • Year Built: 1910
  • L A1 M M S I Memberkey: 1214
  • List Agent: 22785
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72662
  • S A1 M M S I Memberkey: 619510
  • S O1 M M S I Officekey: 70112
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4491
  • Sq Ft - Apx Unfinished AG: 1674
  • Sq Ft - Apx Unfinished BG: 1624

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Electric Company: BED
  • Separate Utilities: Varies
  • Utilities: Cable - Available, Gas - On-Site, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 4487
  • Lot Acres: 0.103
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential-High Density
  • Deed Book: 1379
  • Deed Page: 172
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 124860
  • Net Income: 80572
  • Total Full Baths: 8
  • Total Units: 8
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Year Notes: 20/21
  • Tax Gross Amount: 22690.4
  • Tax Year: 2020

MLS Schools

  • School District: Burlington School District

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
04/26/2021 04/26/21 Sold $1,165,000 -1.2% $259 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $1,179,000 -5.7% $263 / Sq Ft
07/16/2020 07/16/20 Price Changed $1,250,000 -5.7% $278 / Sq Ft
03/25/2020 03/25/20 For Sale $1,325,000 +34.5% $295 / Sq Ft
01/24/2018 01/24/18 Sold $985,000 -8.4% $219 / Sq Ft View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $1,075,000 +30.3% $239 / Sq Ft
04/15/2014 04/15/14 Sold $825,000 0.0% $184 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $825,000 -- $184 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Marcelino

    Seller's Agent in 2021

    Don Marcelino

    The Marcelino Team

    (802) 846-8460

    1 in this area

    47 Total Sales

    Don Marcelino
    Section Image
  • Lipkin Audette Team

    Buyer's Agent in 2021

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    20 in this area

    1,102 Total Sales

    Lipkin Audette Team
    Section Image
  • Steve Lipkin

    Seller's Agent in 2018

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4801558

PrimeMLS

APN: (035) 044-4-211-000

Vermont Chittenden County Burlington 05401 Downtown Burlington

57 Buell St, Burlington, VT

Not Listed for Sale

MultiFamily

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