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Unbelievable opportunity to invest in the lucrative Burlington rental market. This condominiumized building consists of four well maintained, one bedroom units and is conveniently located near local amenities including church street, the waterfront, bike path, and University of Vermont. Public transportation is also within close distance, allowing for easy access to all Burlington has to offer. These desirable units provide 6 deeded, off street parking spots. Hardwood floors, large porches, and cozy unit interiors make this building another tenant favorite.
Property Location
116 Maple Street Burlington
Property Details
Sold Price $530,000
Sold Date Nov 25th, 2020
List Price 575,000
Bedrooms 5
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1900
MLS# 4819233
Lot Size 0.25 Acres
Taxes $13,944
Type Multi-Family
Days on Market 1577 Days
Tax Year 2020
Units 4
Stories 2
Road Frontage 50
Annual Income $60,300
Style Other
Water Frontage
Annual Expenses $0
Finished 1,746 Sqft
Construction No, Existing
Zoning Residential
Above Grade 1,746 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Jul 28th, 2020
Gross Income $60,300
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, 420 SqFt, $1,075/Monthly
Unit 2 1 Beds, 1 Baths, 506 SqFt, $1,350/Monthly
Unit 3 1 Beds, 1 Baths, 445 SqFt, $1,400/Monthly
Unit 4 2 Beds, 1 Baths, 375 SqFt, $1,200/Monthly
ConstructionOther
BasementWalk-up, Unfinished, Bulkhead
Interior Features
Exterior Features
Exterior Clapboard
Disability Features
Foundation Stone
House Color White
Floors Hardwood
Building Certifications
Roof Membrane
HERS Index
DirectionsHead north on St. Paul Street, take a left onto Maple street and the property is on your right.