NOT LISTED FOR SALE
11 Beds
6 Baths
4,333 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: December 22, 2021

Last sale price $1,055,000 $243 Per Sq Ft

208 Days on Market

Highlights

  • 0.18 Acre Lot
  • Balcony
  • Outdoor Storage
  • Covered Patio or Porch
  • Garden
  • 2-minute walk to Roosevelt Park

About This Home

As of December 2021

This is a unique opportunity to own two buildings on one parcel that have both been beautifully updated. One building is a fantastic duplex zoned for 8 bedrooms but currently operating as two 3 bedroom apartments. The second building is an updated four-plex with four 1 bedroom apartments. A projected CAP rate of 6.81% indicates a strong investment within walking distance of Church Street, and across the street from Roosevelt Park in the ever growing O.N.E.

Last Agent to Sell the Property

Mikail Stein

RE/MAX North Professionals License #082.0093313 Listed on: 03/31/2021

RE/MAX North Professionals

Last Buyer's Agent

Michael Dumont

License #082.0090820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,302

Year Built

  • Built in 1899

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property
  • Walk-Out Basement

Flooring

  • Carpet
  • Laminate

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $32,087
  • Gross Income $110,400
  • Net Operating Income $78,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,302

Year Built

Built in 1899

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: 68-70 Walnut Street and 1,3,5,7 Willow Street (address for property - 2 streets).
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 243.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7165
  • Sq Ft - Apx Total Finished: 4333
  • Year Built: 1899
  • List Agent: 20569
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Walkout
  • Sq Ft - Apx Finished AG: 4333
  • Sq Ft - Apx Unfinished AG: 553
  • Sq Ft - Apx Unfinished BG: 2279

Exterior Features

  • Driveway: Concrete
  • Exterior: Brick, Vinyl
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Membrane, Slate
  • Easements: Unknown
  • Features Exterior: Balcony, Garden Space, Porch, Porch - Covered, Storage

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Air, Hot Water, Monitor Type
  • Electric Company: Burlington Electric
  • Total Gas Meters: 6
  • Trash: Cans

Condo/Co-op/Association

  • Management Company: Self

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 7841
  • Current Use: Unknown
  • Lot Acres: 0.18
  • Lot Description: City Lot, Level, Sidewalks
  • Zoning: Res
  • Deed Book: 574
  • Deed Page: 386-387
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 110400
  • Net Income: 78313.56
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 20302.24
  • Tax Year: 2021

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Dec 22, 2021
Sold by
Seller's Agent
Mikail Stein
RE/MAX North Professionals
Buyer's Agent
Michael Dumont
List Price
$1,200,000
Sold Price
$1,055,000
Premium/Discount to List
-$145,000
-12.08%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,055,000 --
$149,900 --
-- --
-- --
Source: Public Records

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
12/22/2021 12/22/21 Sold $1,055,000 -8.3% $243 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/08/2021 10/08/21 Price Changed $1,150,000 -4.2% $265 / Sq Ft
03/31/2021 03/31/21 For Sale $1,200,000 -- $277 / Sq Ft
Source: PrimeMLS

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,175 $1,165,700 $314,600 $851,100
2024 $28,175 $1,165,700 $314,600 $851,100
2023 $24,631 $1,165,700 $314,600 $851,100
2022 $24,627 $1,165,700 $314,600 $851,100
2021 $25,657 $1,165,700 $314,600 $851,100
2020 $20,302 $659,700 $204,500 $455,200
2019 $14,482 $659,700 $204,500 $455,200
2018 $18,544 $659,700 $204,500 $455,200
2017 $17,571 $659,700 $204,500 $455,200
2016 $12,483 $659,700 $204,500 $455,200
2015 $12,483 $5,494 $0 $0
2014 $12,483 $5,494 $0 $0
2013 $12,483 $5,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4853256

PrimeMLS

APN: (035) 039-4-116-000

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