118-120 North Avenue Burlington, Vermont 05401 MLS# 4853125

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Sold Status

$360,000 Sold Price

Multi Type

2 Beds

2 Baths

1,650 Sqft

Listed By Brian Boardman of Coldwell Banker Hickok & Boardman - (802)846-9510
Sold By Nancy Jenkins Real Estate
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Burlington

118-120 North Avenue

Great investment opportunity! Two-family unit with first & second floor flats. Rent out both or owner-occupy with rental income! You'll love the wraparound porches on both levels with additional egress balcony at the back. Two one-bedroom units, and each unit has additional den/office/flex room. 1st floor unit has convenient mudroom and basement access. Both units have washer/dryer. New high efficiency furnace in 2017. Nice level back yard, paved two lane driveway, plus 2-car detached garage with power for cars or additional storage. On bus line with access to nearby park, trails, shopping & more! Seller to contribute $10K for 2nd floor balcony beam replacement.

Property Location

118-120 North Avenue Burlington

Property Details

Sold Price  $360,000 Sold Date  Jun 7th, 2021
List Price  359,000 Bedrooms  2 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1899
MLS#  4853125 Lot Size  0.11 Acres Taxes $6,475
Type  Multi-Family Days on Market  1332 Days Tax Year 2020
Units  2 Stories  2 Road Frontage  50
Annual Income  $31,500 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  1,650 Sqft Construction  No, Existing
Zoning   Residential Above Grade  1,650 Sqft Seasonal  No
Total Rooms  2 Below Grade  0 Sqft List Date  Mar 30th, 2021
Gross Income  $31,500 Operating Expenses  $0 Net Income  $19,970
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 840 SqFt, $1,350/Monthly Unit 2   1 Beds, 1 Baths, 810 SqFt, $1,275/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Interior Stairs, Crawl Space
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  Yellow
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom intersection of North Street and North Avenue in Burlington, head north, third driveway on your right.
Lot Description, City Lot
Garage & Parking  Yes, , , Garage, Garage
Road Frontage  50 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Burlington School District Middle  Assigned
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  Large stones/boulders in corner of yard.
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  No
Water Heater  Tank, Tank Financing  
Cable Co   Documents  Deed, Tax Map
Electric  Circuit Breaker, 220 Plug Tax ID  114-035-14323
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