NOT LISTED FOR SALE

6 Greene St Burlington, VT 05401

Old North End Neighborhood
18 Beds
6 Baths
5,037 Sq Ft
3,812 Sq Ft Lot

Last Sold January 09, 2020

Last sale price $1,430,000 $284 Per Sq Ft

416 Days on Market

About This Home

As of January 2020

Located in the heart of Burlington, Vermont this 6 unit apartment is a great investment opportunity. Greene Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential street, this 3-story house offers six 3-bedroom apartments for rent. All apartments include spacious living rooms, plenty of outdoor living space, and large bedrooms. Well maintained by the current owner, this is a turn-key income generating property. Each unit is separately metered with laundry in basement for added income. 0% vacancy rate since 2013.

Last Agent to Sell the Property

Nancy Warren

Coldwell Banker Hickok and Boardman License #082.0007736 Listed on: 09/10/2018

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,017

Year Built

  • Built in 1899

Lot Details

  • 3,812 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Asphalt

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property

Unfinished Basement

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • Gas Available at Street
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Gas Meters
  • Gross Income $161,220
  • Net Operating Income $124,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,017

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Pearl Street onto Greene Street, property on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 283.9
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6716
  • Sq Ft - Apx Total Finished: 5037
  • Property Type: Multi-Family
  • Year Built: 1899
  • Remarks Public: Located in the heart of Burlington, Vermont this 6 unit apartment is a great investment opportunity. Greene Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential street, this 3-story house offers six 3-bedroom apartments for rent. All apartments include spacious living rooms, plenty of outdoor living space, and large bedrooms. Well maintained by the current owner, this is a turn-key income generating property. Each unit is separately metered with laundry in basement for added income. 0% vacancy rate since 2013.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 30
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5037
  • Sq Ft - Apx Unfinished BG: 1679

Exterior Features

  • Construction: Wood Frame
  • Exterior: Asphalt
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane

Utilities

  • Electric: 110 Volt, 220 Plug, 220 Volt, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 7
  • Total Gas Meters: 7
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 7
  • Trash: Dumpster
  • Utilities: Cable - Available, Gas - At Street

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 3812
  • Lot Acres: 0.0875
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Deed Book: 1219
  • Deed Page: 256
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 161220
  • Net Income: 124786.76
  • Total Full Baths: 6
  • Total Units: 6
  • Total3 Plus Bedroom Units: 6

Tax Info

  • Tax Gross Amount: 28017.24
  • 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
01/09/2020 01/09/20 Sold $1,430,000 -4.3% $284 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $1,495,000 -5.1% $297 / Sq Ft
01/11/2019 01/11/19 Price Changed $1,575,000 -1.3% $313 / Sq Ft
11/01/2018 11/01/18 Price Changed $1,595,000 -1.8% $317 / Sq Ft
10/15/2018 10/15/18 Price Changed $1,625,000 -4.1% $323 / Sq Ft
09/10/2018 09/10/18 For Sale $1,695,000 -- $337 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nancy Warren

    Seller's Agent in 2020

    Nancy Warren

    Coldwell Banker Hickok and Boardman

    (802) 734-5024

    2 in this area

    138 Total Sales

    Nancy Warren
    Section Image
  • Lipkin Audette Team

    Buyer's Agent in 2020

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    104 in this area

    1,137 Total Sales

    Lipkin Audette Team
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4717595

PrimeMLS
Vermont Chittenden County Burlington 05401 Old North End

6 Greene St, Burlington, VT

This home is located at 6 Greene St, Burlington, VT 05401 since 10 September 2018. This property was built in 1899. 6 Greene St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

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