NOT LISTED FOR SALE
5 Beds
4 Baths
2,190 Sq Ft
1,176 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $630,000 $288 Per Sq Ft

26 Days on Market

About This Home

As of November 2021

Great opportunity to acquire a 4 unit multi-family in the heart of downtown Burlington. Fully rented and updated apartments. Great mix of studio, one, and two bedroom apartments. Go green - ditch the car!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 07/23/2021

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Brian Armstrong

KW Vermont License #081.0004255

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,233

Year Built

  • Built in 1920

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $68,220
  • Net Operating Income $50,717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,233

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 287.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2344
  • Sq Ft - Apx Total Finished: 2190
  • Year Built: 1920
  • Remarks Public: Great opportunity to acquire a 4 unit multi-family in the heart of downtown Burlington. Fully rented and updated apartments. Great mix of studio, one, and two bedroom apartments. Go green - ditch the car!
  • L A3 User Code: 3231
  • List Agent: 282798
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 2190
  • Sq Ft - Apx Unfinished AG: 154

Exterior Features

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

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Electric, Forced Air
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 1176
  • Lot Acres: 0.027
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential High Density
  • Deed Book: 1191
  • Deed Page: 376
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 68220
  • Net Income: 50717
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2021-2022
  • Tax Gross Amount: 12233.12
  • Tax Year: 2021

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
11/02/2021 11/02/21 Sold $630,000 -6.7% $288 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $675,000 -- $308 / 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: 4874035

PrimeMLS

APN: (035) 044-2-107-000