Seller's Agent in 2025
Rob Foley
Flat Fee Real Estate
(802) 881-6377
3 in this area
164 Total Sales
72 Main St Burlington, VT 05401
Downtown Burlington NeighborhoodEstimated Value: $806,594
--
Bed
2
Baths
3,561
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Victorian Architecture
- Carpet
- 3-minute walk to City Hall Park
- Baseboard Heating
About This Home
As of February 2025Turn key 3 unit commercial building that has great potential for residential conversion on upper three floors. The lower level has a long established barbershop with consistent rental stream and share in maintenance/utility cost. The first floor is currently a self-contained office unit with a reception area, half bath, 2 offices and a conference room. This office sets up nicely for a 3 bed conversion by adding shower to the half bath and kitchen to the reception area. The second and third floor are currently as combined office unit with half bath four offices/conference rooms and large third floor used as additional office space and file storage. The second and third floor sets up for a four bed with shower added to half bath on the second floor and the third floor as living room/kitchen. The site has 12 off street parking spaces. Located in the heart of downtown attractive for tenants to get to the waterfront, UVM, Church Street, Medical Center, etc..Great opportunity and a great return for the right investor.
Last Agent to Sell the Property
Flat Fee Real Estate License #081.0004496 Listed on: 09/18/2024
Last Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,992
Year Built
- Built in 1899
Lot Details
- 5,227
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Frame Construction
- Slate Roof
Interior Spaces
- Property has 3 Levels
Flooring
- Carpet
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Paved Parking
- On-Site Parking
- Off-Street Parking
Schools
- Assigned Elementary School
- Edmunds Middle School
- Burlington High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- Internet Available
- Cable TV Available
Additional Features
- 5,227 Sq Ft Lot
- City Lot
Community Details
Overview
- 3 Units
Building Details
- 2 Leased Units
- Gross Income $102,000
- Net Operating Income $82,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2024
Closed on
Feb 20, 2025
Sold by
Centovali Ltd
Bought by
Qcdg 72 Main St Llc
Seller's Agent
Rob Foley
Flat Fee Real Estate
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$849,900
Sold Price
$779,000
Premium/Discount to List
-$70,900
-8.34%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,594
Avg. Annual Appreciation
3.16%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qcdg 72 Main St Llc | $779,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $779,000 | 0.0% | $219 / Sq Ft |
| 01/01/2025 01/01/25 | Off Market | $779,000 | -- | -- |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 09/18/2024 09/18/24 | For Sale | $849,900 | -- | $239 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $14,792 | $572,600 | $479,000 | $93,600 |
| 2023 | $12,099 | $572,600 | $479,000 | $93,600 |
| 2022 | $12,097 | $572,600 | $479,000 | $93,600 |
| 2021 | $10,503 | $477,200 | $477,000 | $200 |
| 2020 | $9,836 | $319,600 | $248,600 | $71,000 |
| 2019 | $9,354 | $319,600 | $248,600 | $71,000 |
| 2018 | $8,984 | $319,600 | $248,600 | $71,000 |
| 2017 | $8,513 | $319,600 | $248,600 | $71,000 |
| 2016 | $8,318 | $319,600 | $248,600 | $71,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Foley
-
A
Buyer's Agent in 2025
A non PrimeMLS member
VT_ME_NH_NEREN
Map
Source: PrimeMLS
MLS Number: 5014955
APN: (035) 049-1-100-000
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