43-45 Ward Street Burlington, Vermont 05401 MLS# 4827453

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Sold Status

$636,000 Sold Price

Multi Type

6 Beds

3 Baths

2,602 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Edie Brodsky of Coldwell Banker Hickok and Boardman
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Burlington

43-45 Ward Street

Burlington Triplex just North of downtown and a few blocks from the waterfront and bike path. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and UVM Medical Center. Profitable turn-key investment property with many recent improvements and solid financials. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and University of Vermont Medical Center. Profitable turn-key investment property with many recent improvements and solid financials.

Property Location

43-45 Ward Street Burlington

Property Details

Sold Price  $636,000 Sold Date  Dec 23rd, 2020
MLS#  4827453 Bedrooms  6 Garage Size   Car
List Price  659,000 Total Bathrooms  3 Year Built  1920
Type  Multi-Family Lot Size  0.1200 Acres Taxes $9,605
Units  3 Stories  3 Road Frontage  
Annual Income  $56,940 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,602 Sqft Construction  No, Existing
Zoning   RMD Above Grade  2,602 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Sep 8th, 2020
Gross Income  $56,940 Operating Expenses  $0 Net Income  $40,548
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 904 SqFt, $1,575/Monthly Unit 2   2 Beds, 1 Baths, 970 SqFt, $1,620/Monthly
Unit 3   2 Beds, 1 Baths, 728 SqFt, $1,550/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Bulkhead, Storage Space
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Concrete House Color  Tan
Floors  Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom Main Street to Right on Battery Street, left onto North Avenue, right onto Ward Street, property on right.
Lot Description, City Lot, Sidewalks
Garage & Parking  No, , , 4 Parking Spaces
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RMD
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Owned, Gas-Natural Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-14302
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