NOT LISTED FOR SALE

83 Oak St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $456,000 - $566,000

5 Beds
2 Baths
1,456 Sq Ft
$355/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $280,000 $192 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,536/month

9 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • 1-minute walk to Roosevelt Park
  • 1 Car Detached Garage

About This Home

As of January 2019

Burlington Old North End duplex - a great way to enter the Burlington Multi-Family market. Live in one of the units or rent out both. With one 3 bedroom, one 2 bedroom unit, and additional income from leasing garage as storage space, this property offers many options to generate revenue. Prime location on a corner lot overlooking Roosevelt Park and across from the Chubby Muffin cafe. Just minutes from downtown Burlington, UVM, and the UVM Medical Center, this property offers a great location, off-street parking, and tremendous opportunity as an investment property. Showings start 11/29.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 11/26/2018

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Mike Bishop

KW Vermont License #082.0090013

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,883

Year Built

  • Built in 1899

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Leased Parking
  • Gravel Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Burlington High School

Utilities

  • Heating System Uses Natural Gas
  • Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $9,506
  • Gross Income $36,600
  • Net Operating Income $27,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,883

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From downtown Burlington, head North on North Union Street. When North Union crosses North Winooski, continue straight on Decatur Street, then right on Invervale Avenue, then left on Oak Street. 83-85 Oak Street is on the left across from Chubby Muffin.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 192.31
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2411
  • Sq Ft - Apx Total Finished: 1456
  • Year Built: 1899
  • Remarks Public: Burlington Old North End duplex - a great way to enter the Burlington Multi-Family market. Live in one of the units or rent out both. With one 3 bedroom, one 2 bedroom unit, and additional income from leasing garage as storage space, this property offers many options to generate revenue. Prime location on a corner lot overlooking Roosevelt Park and across from the Chubby Muffin cafe. Just minutes from downtown Burlington, UVM, and the UVM Medical Center, this property offers a great location, off-street parking, and tremendous opportunity as an investment property. Showings start 11/29.
  • List Agent: 282798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1456
  • Sq Ft - Apx Unfinished AG: 106
  • Sq Ft - Apx Unfinished BG: 849

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Description: Leased
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Tank
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent
  • Electric Company: Burlington Electric
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • High School: Burlington High School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 4008
  • Lot Acres: 0.092
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1006
  • Deed Page: 339-340
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 36600
  • Net Income: 27094
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2018-2019
  • Tax Gross Amount: 5883.4
  • Tax Year: 2018

MLS Schools

  • School District: Burlington School District

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
01/25/2019 01/25/19 Sold $280,000 0.0% $192 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $280,000 -- $192 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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 $8,692 $359,600 $106,900 $252,700
2023 $7,598 $359,600 $106,900 $252,700
2022 $7,597 $359,600 $106,900 $252,700
2021 $7,915 $359,600 $106,900 $252,700
2020 $7,743 $251,600 $96,000 $155,600
2019 $6,126 $209,300 $96,000 $113,300
2018 $5,883 $209,300 $96,000 $113,300
2017 $5,575 $209,300 $96,000 $113,300
2016 $5,447 $209,300 $96,000 $113,300
Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2019

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    104 in this area

    1,131 Total Sales

    Lipkin Audette Team
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Bishop

    KW Vermont

    (802) 825-5527

    33 Total Sales

    Mike Bishop
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4728830

PrimeMLS

APN: (035) 039-4-164-000

Vermont Chittenden County Burlington 05401 Old North End

83 Oak St, Burlington, VT

This home is located at 83 Oak St, Burlington, VT 05401 since 26 November 2018 and is currently estimated at $517,145, approximately $355 per square foot. This property was built in 1899. 83 Oak St is a home located in Chittenden County with nearby schools including Integrated Arts Academy at H.O. Wheeler, Edmunds Middle School, and Burlington Senior High School.

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