Seller's Agent in 2017
Steve Donahue
Donahue & Associates, LLC
(802) 343-6471
4 in this area
12 Total Sales
89 N Prospect St Burlington, VT 05401
Hill Section Neighborhood
8
Beds
10
Baths
8,022
Sq Ft
0.3
Acres
About This Home
As of October 2017Excellent investment opportunity in one of Burlington’s most desirable areas for both owning a home and renting an apartment. This historic home has been developed into a 10 unit apartment property featuring bright and clean living spaces, on site parking, and the convenience of being a short walk to University of Vermont, UVM Medical Center, and downtown Burlington. With all 1-2 bedroom units this property is desired by graduate students, undergraduate students, and professionals. The property offers strong tenant history with consistent rental income.
Last Agent to Sell the Property
Donahue & Associates, LLC License #081.0004508 Listed on: 02/15/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,989
Year Built
- Built in 1900
Lot Details
- 0.3 Acre Lot
- Corner Lot
- Lot Sloped Up
- Historic Home
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Shingle Siding
Interior Spaces
- 10 Full Bathrooms
- 3-Story Property
- Interior Basement Entry
Parking
- Shared Driveway
- Paved Parking
Utilities
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Separate Meters
- Water Heater
Community Details
- 10 Units
- Net Operating Income $59,433
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2017 10/12/17 | Sold | $1,150,000 | -14.8% | $143 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 02/15/2017 02/15/17 | For Sale | $1,350,000 | -- | $168 / Sq Ft |
Source: PrimeMLS
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 | $37,519 | $1,552,300 | $644,700 | $907,600 |
| 2023 | $32,800 | $1,552,300 | $644,700 | $907,600 |
| 2022 | $32,794 | $1,552,300 | $644,700 | $907,600 |
| 2021 | $34,166 | $1,552,300 | $644,700 | $907,600 |
| 2020 | $35,003 | $1,137,400 | $418,800 | $718,600 |
| 2019 | $24,038 | $1,137,400 | $418,800 | $718,600 |
| 2018 | $28,686 | $960,200 | $418,800 | $541,400 |
| 2017 | $25,575 | $960,200 | $418,800 | $541,400 |
| 2016 | -- | $960,200 | $418,800 | $541,400 |
| 2015 | -- | $9,602 | $0 | $0 |
| 2014 | -- | $8,229 | $0 | $0 |
| 2013 | -- | $8,229 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Donahue
-
Steve Lipkin
Buyer's Agent in 2017
Steve Lipkin
Coldwell Banker Hickok and Boardman
(802) 846-9520
Map
Source: PrimeMLS
MLS Number: 4618011
APN: (035) 045-3-132-000
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