NOT LISTED FOR SALE
5 Beds
4 Baths
2,664 Sq Ft
6,970 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $715,000 $268 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Garden
  • High Speed Internet
  • Covered Patio or Porch
  • Space Heater
  • Level Lot

About This Home

As of November 2023

Invest in BTV! This 4-unit with ample off-street parking is ready for a new owner, whether you're a seasoned investor adding to a portfolio, aspiring landlord, or owner-occupier! Offering three 1-bedroom units plus one 2-bedroom. Some apartments have flexible floor plans with bonus rooms for potential to add bedrooms. Separate utilities. Great Old North End location on one-way road near Battery Park and the Lake Champlain waterfront. Plus tenants enjoy easy access to downtown, colleges, and the UVM Medical Center.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 09/12/2023

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 09/12/2023

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,059

Year Built

  • Built in 1899

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • 5 Car Parking Spaces
  • Dirt Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $20,943
  • Gross Income $71,400
  • Net Operating Income $50,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,059

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From Pearl St, take North Champlain Street, property on right after Peru St.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 268.39
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3996
  • Sq Ft - Apx Total Finished: 2664
  • Year Built: 1899
  • Remarks Public: Invest in BTV! This 4-unit with ample off-street parking is ready for a new owner, whether you're a seasoned investor adding to a portfolio, aspiring landlord, or owner-occupier! Offering three 1-bedroom units plus one 2-bedroom. Some apartments have flexible floor plans with bonus rooms for potential to add bedrooms. Separate utilities. Great Old North End location on one-way road near Battery Park and the Lake Champlain waterfront. Plus tenants enjoy easy access to downtown, colleges, and the UVM Medical Center.
  • List Agent: 282798
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2664
  • Sq Ft - Apx Unfinished BG: 1332

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle
  • Features Exterior: Deck, Garden Space, Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 5

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas Systems
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Space Heater
  • Electric Company: Burlington Electric
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Cans
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District

Lot Info

  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: City Lot, Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: RMD
  • Deed Book: 831
  • Deed Page: 121-122
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 71400
  • Net Income: 50457
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 13059.04
  • Tax Year: 2023

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
11/17/2023 11/17/23 Sold $715,000 +2.9% $268 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $695,000 -- $261 / 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: 4969674

PrimeMLS

APN: (035) 044-1-326-000