120-122 Cottage Grove Burlington, Vermont 05401 MLS# 4850201

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Sold Status

$435,000 Sold Price

Multi Type

4 Beds

2 Baths

1,632 Sqft

Listed By Shawn P. Nolan of Cannizzaro Real Estate
Sold By KW Vermont

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The possibilities are endless! This well-maintained and updated Burlington colonial duplex would make a terrific owner-occupied home with stable 2nd apartment income, an investment property with $34,800 current gross income, or single family home conversion potential. Large private yard with storage units and much new wooden fencing is wide open for your ideas. Recent updates include: New vinyl siding and insulation, replacement windows, exterior doors, 1 new hot air furnace, 2 new (rented) natural gas water heaters, new flooring in upstairs kitchen, and bathroom upgrades completed in both units, and much more. New roof in 2014. Come take a look! Showings begin Saturday 3/13 †

Property Location

120-122 Cottage Grove Burlington

Property Details

Essentials

Sold Price $435,000		Sold Date Jun 7th, 2021
List Price 435,000	Bedrooms 4	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1965
MLS# 4850201	Lot Size 0.23 Acres	Taxes $5,887
Type Multi-Family	Days on Market 1353 Days	Tax Year 2020
Units 2	Stories 2	Road Frontage 60
Annual Income $34,800	Style Duplex, Duplex	Water Frontage
Annual Expenses $0	Finished 1,632 Sqft	Construction No, Existing
Zoning Residential low density	Above Grade 1,632 Sqft	Seasonal No
Total Rooms 4	Below Grade 0 Sqft	List Date Mar 9th, 2021

Expenses

Gross Income $34,800	Operating Expenses $0	Net Income $24,868

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, 816 SqFt, $1,500/Monthly	Unit 2 2 Beds, 1 Baths, 816 SqFt, $1,400/Monthly

Building

ConstructionInsulation-Foam
BasementInterior, Unfinished, Full, Unfinished
Interior Features
Exterior Features

Exterior Vinyl Siding	Disability Features
Foundation Block	House Color Light Gray
Floors Vinyl, Carpet, Laminate	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsNorth on North Ave to left on Loaldo Dr. Go straight onto Cottage Grove to property on right.
Lot DescriptionNo, City Lot, Windows - Double Pane
Garage & Parking No, , , On Site, Assigned, 4 Parking Spaces

Road Frontage 60	Water Access
Driveway Dirt, Crushed Stone	Water Type
Flood Zone Unknown	Water Body
Zoning Residential low density

Schools

School District NA	Middle Lyman C. Hunt Middle School
Elementary	High Burlington High School

Utilities

Heat Fuel	Excluded
Heating/Cool None, Hot Air	Negotiable
Sewer Public Sewer at Street	Parcel Access ROW No
Water Public	ROW for Other Parcel No
Water Heater Rented	Financing
Cable Co Burlington Telecom	Documents Property Disclosure, Deed
Electric Circuit Breaker	Tax ID 114-035-11677

† The remarks published on this webpage originate from Listed By Shawn P. Nolan of Cannizzaro Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.