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Well maintained 3 unit apartment building, perfect for investors and owner occupied buyers alike! Location, location, location, this property is conveniently located minutes from down town Burlington, the bike path, Lake Champlain, bus line, the belt line and more! Unit 3 is a Hair Salon and has been for 32+ years and can easily be turned back into a 1 bedroom apartment. This property has ample parking and also includes a large warehouse style garage. Great for storage or to rent out for additional income. Solid numbers more than 7% quick cap. Excellent condition, and a great location this may be the property you have been waiting for. †
Property Location
15 Plattsburg Avenue Burlington
Property Details
Sold Price $250,000
Sold Date Apr 29th, 2015
List Price 275,000
Bedrooms 3
Garage Size 3 Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1934
MLS# 4402165
Lot Size 0.26 Acres
Taxes $7,645
Type Multi-Family
Days on Market 3576 Days
Tax Year 14-15
Units 3
Stories 2
Road Frontage
Annual Income $0
Style Converted
Water Frontage
Annual Expenses $0
Finished 1,820 Sqft
Construction No, Existing
Zoning Residential
Above Grade 1,820 Sqft
Seasonal No
Total Rooms 3
Below Grade 0 Sqft
List Date Feb 6th, 2015
Gross Income $0
Operating Expenses $0
Net Income $31,200
Expenses Includes
Unit 1 1 Beds, 1 Baths, 600 SqFt, $850/Mo
Unit 2 1 Beds, 1 Baths, 600 SqFt, $850/Mo
Unit 3 1 Beds, 1 Baths, 620 SqFt, $900/Mo
ConstructionWood Frame
BasementUnfinished, Interior Stairs, Full
Interior Features
Exterior Features
Exterior Asbestos, Vinyl, Clapboard, Cement
Disability Features
Foundation Concrete
House Color Beige
Floors Tile, Carpet, Hardwood, Laminate
Building Certifications
Roof Rolled, Slate, Metal
HERS Index
DirectionsTake North Avenue, veer right onto Plattsburg Avenue. House immediately on right.
† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont 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.