$499,000
PENDING $51K PRICE DROP

Estimated payment $3,463/month

Total Views 51,912
5 Beds
3 Baths
1,884 Sq Ft
$265 Price per Sq Ft

Highlights

  • Colonial Architecture
  • 2 Car Garage
  • Carpet
  • Forced Air Heating System
  • Satellite Dish
  • 1-minute walk to Little Park

About This Home

Back on the market! Buyer financing fell through. Wonderful 3 unit apartment building located in a very convenient location of Burlington. A quick walk to all amenities, Ample off street parking, and long established tenants make this a solid investment. Home also features a two car garage for storage or covered parking.

Listing Agent

Rene Marceau

KW Vermont Brokerage Phone: 802-309-8596 License #082.0008588 Listed on: 10/29/2024

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,993

Year Built

  • Built in 1900

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Corrugated Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Burlington High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 5,663 Sq Ft Lot
  • City Lot

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $37,200
  • Net Operating Income $24,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,993

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt at Site,Cable Internet
  • Architectural Style: Colonial
  • ResoLotFeatures: City Lot, Curbing
  • Road Frontage Type: Paved, Public
  • Attribution Contact: Cell: 802-309-8596
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 1884.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 5
  • Flooring: Carpet, Combination, Laminate
  • Basement: Concrete, Crawl Space, Dirt Floor, Slab
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Full Fence, Covered Porch
  • Roof: Corrugated, Membrane
  • Construction Type: Vinyl Exterior
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Monitor Type
  • Cooling: None
  • Utilities: Cable, Gas On-Site, Satellite, Phone Available
  • Water Source: Public

Schools

  • High School: Burlington High School

Lot Info

  • Surveyed: No
  • Zoning: Residential
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663.0

Multi Family

  • Gross Income: 37200.0
  • Number Of Units Total: 3
  • Net Operating Income: 24700.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8993.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,994 $372,100 $114,800 $257,300
2023 $7,862 $372,100 $114,800 $257,300
2022 $7,861 $372,100 $114,800 $257,300
2021 $8,190 $372,100 $114,800 $257,300
2020 $7,891 $256,400 $109,900 $146,500
2019 $7,505 $256,400 $109,900 $146,500
2018 $7,207 $256,400 $109,900 $146,500
2017 $6,829 $256,400 $109,900 $146,500
2016 $6,673 $256,400 $109,900 $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $499,000 0.0% $265 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $499,000 -3.1% $265 / Sq Ft
03/20/2025 03/20/25 For Sale $515,000 0.0% $273 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
11/18/2024 11/18/24 Price Changed $515,000 -6.4% $273 / Sq Ft
10/29/2024 10/29/24 For Sale $550,000 -- $292 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 5020437

PrimeMLS

APN: (035) 039-4-018-000