NOT LISTED FOR SALE
3 Beds
3 Baths
2,706 Sq Ft
4,792 Sq Ft Lot

Last Sold March 18, 2020

Last sale price $510,000 $188 Per Sq Ft

159 Days on Market

About This Home

As of March 2020

A great opportunity to live right above your business and receive additional income. This well maintained three unit is conveniently located in the heart of Burlington. The downstairs features 1400 square feet of commercial space which is currently being used by One Arts Center. The upstairs features a one and two bedroom apartment both of which have been completely renovated. There is a full basement, two storage areas and ample parking. Many improvements over the years including new kitchens, baths, flooring, painting, roof, siding and windows. Walking distance to downtown. Let a piece of Burlington's past be a part of your future.

Last Agent to Sell the Property

Norah Kell

Kell and Company License #082.0063364 Listed on: 08/26/2019

Last Buyer's Agent

Martha Nowlan

EXP Realty License #082.0134065

EXP Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,443

Year Built

  • Built in 1899

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 2,706 Sq Ft Home
  • 2.5-Story Property

Unfinished Basement

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

Parking

  • 5 Car Parking Spaces
  • Stone Driveway

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater Leased
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,917
  • Gross Income $43,260
  • Net Operating Income $29,343

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,443

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 188.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3690
  • Sq Ft - Apx Total Finished: 2706
  • Year Built: 1899
  • Remarks Public: A great opportunity to live right above your business and receive additional income. This well maintained three unit is conveniently located in the heart of Burlington. The downstairs features 1400 square feet of commercial space which is currently being used by One Arts Center. The upstairs features a one and two bedroom apartment both of which have been completely renovated. There is a full basement, two storage areas and ample parking. Many improvements over the years including new kitchens, baths, flooring, painting, roof, siding and windows. Walking distance to downtown. Let a piece of Burlington's past be a part of your future.
  • List Agent: 8983
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 2706
  • Sq Ft - Apx Unfinished BG: 984

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Metal, Slate

Garage/Parking

  • Parking: Parking Spaces 5

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent, Hot Air
  • Cooling: Central AC
  • Electric Company: BED
  • Separate Utilities: Yes
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: CR
  • Deed Book: 736
  • Deed Page: 279
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 43260
  • Net Income: 29343
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7443
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
03/18/2020 03/18/20 Sold $510,000 -2.9% $188 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
08/26/2019 08/26/19 For Sale $525,000 -- $194 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4773085

PrimeMLS