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Great Opportunity! Multifamily investment property with proven rental history located in the coveted Burlington's Hill Section. Minutes from the Burlington water front, area colleges, universities and UVM Medical Center hospital. With many recent improvements this property would be an excellent addition to any investor or owner's portfolio! †
Property Location
79 Spruce Burlington
Property Details
Sold Price $483,000
Sold Date Nov 27th, 2017
MLS# 4514717
Bedrooms 7
Garage Size 0 Car
List Price 515,000
Total Bathrooms 4
Year Built 1885
Type Multi-Family
Lot Size 0.1400 Acres
Taxes $9,513
Units 3
Stories 2
Road Frontage 75
Annual Income $0
Style Other
Water Frontage
Annual Expenses $30,424
Finished 2,601 Sqft
Construction No, Existing
Zoning Medium Density
Above Grade 2,601 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Sep 9th, 2016
Gross Income $0
Operating Expenses $30,424
Net Income $55,320
Expenses Includes
Unit 1 1 Beds, 1 Baths, 600 SqFt, $1,126/Mo
Unit 2 3 Beds, 1 Baths, $1,800/Mo
Unit 3 3 Beds, 2 Baths, 1,520 SqFt, $1,684/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior Wood, Vinyl
Disability Features
Foundation Concrete, Stone
House Color Yellow
Floors Vinyl, Carpet, Hardwood
Building Certifications
Roof Shingle-Architectural, Rolled
HERS Index
DirectionsMain St to S. Winooski, S on S. Winooski left onto Spruce, House on Right.
Lot Description, City Lot
Garage & Parking No, , , None
Road Frontage 75
Water Access
Driveway Paved, Gravel
Water Type
Flood Zone No
Water Body
Zoning Medium Density
School District NA
Middle Edmunds Middle School
Elementary Edmunds Elementary School
High
Heat Fuel
Excluded
Heating/Cool Individual, Individual, Vented Gas Heater
† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.