139 King Street Burlington, Vermont 05401 MLS# 4895642

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Sold Status

$725,600 Sold Price

Multi Type

3 Beds

4 Baths

2,232 Sqft

Listed By John Black of Coldwell Banker Hickok & Boardman - (802)585-5347
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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Burlington

139 King Street

This historic property combines unique architectural design with modern-day amenities in an unbeatable location. Just two blocks from Burlington’s notable commerce on Church Street, this 4-unit Italianate-style home has been well-kept for generations. Elements of the vintage style are evident in each unit, with post and beams in unit 2, oversized 2/2 sash windows, arched window molding, and a generous covered porch off unit 1. Recent improvements to the property in 2021 include roof and trim repairs, freshly painted exterior, washer and dryer replacement, storage space installed in the basement, and more. Each unit is fully equipped and responsible for its own utilities. Good rental history, low general maintenance, municipal water, sewer, and natural gas make this property ideal for an investment. Don’t miss out on your chance to own a truly unique home in Burlington proper!

Property Location

139 King Street Burlington

Property Details

Sold Price  $725,600 Sold Date  May 3rd, 2022
List Price  775,000 Bedrooms  3 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1899
MLS#  4895642 Lot Size  0.07 Acres Taxes $9,662
Type  Multi-Family Days on Market  1037 Days Tax Year 2021
Units  4 Stories  2 Road Frontage  
Annual Income  $60,000 Style  Historic Vintage, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,232 Sqft Construction  No, Existing
Zoning   Residential/Commercial Above Grade  2,232 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Jan 19th, 2022
Gross Income  $60,000 Operating Expenses  $0 Net Income  $39,862
Expenses Includes 
Unit 1   0 Beds, 1 Baths, 594 SqFt, $1,250/Monthly Unit 2   1 Beds, 1 Baths, 432 SqFt, $1,250/Monthly
Unit 3   1 Beds, 1 Baths, 594 SqFt, $1,250/Monthly Unit 4   1 Beds, 1 Baths, 720 SqFt, $1,250/Monthly
ConstructionWood Frame
BasementWalkout, Unfinished, Unfinished
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Brick, Fieldstone House Color  Yellow
Floors  Tile, Hardwood, Vinyl Plank Building Certifications  
Roof  Slate HERS Index  
Directions
Lot DescriptionNo, City Lot
Garage & Parking  No, , , 2 Parking Spaces, Parking Spaces 2
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential/Commercial
School District  Burlington School District Middle  Lyman C. Hunt Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units Negotiable  
Sewer  Community Parcel Access ROW  
Water  Community ROW for Other Parcel  
Water Heater  Electric, Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-17264
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