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Outstanding solid investment property located on a dead end street one block from Church St. Large apartments with lots of character and natural woodwork. Separate utilities and Coin-op laundry onsite. Easy to rent with Great Numbers! †
Property Location
16-18 Lafayette Place Burlington
Property Details
Sold Price $905,000
Sold Date Nov 1st, 2018
List Price 995,000
Bedrooms 10
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 6
Year Built 1920
MLS# 4701445
Lot Size 0.12 Acres
Taxes $18,468
Type Multi-Family
Days on Market 2347 Days
Tax Year 2017
Units 6
Stories 3
Road Frontage 60
Annual Income $0
Style Apartment Building
Water Frontage
Annual Expenses $0
Finished 5,378 Sqft
Construction No, Existing
Zoning RH
Above Grade 5,378 Sqft
Seasonal No
Total Rooms 10
Below Grade 0 Sqft
List Date Jun 19th, 2018
Gross Income $0
Operating Expenses $0
Net Income $103,860
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,600/Mo
Unit 2 2 Beds, 1 Baths, $1,550/Mo
Unit 3 1 Beds, 1 Baths, $1,150/Mo
Unit 4 2 Beds, 1 Baths, $1,600/Mo
Unit 5 2 Beds, 1 Baths, $0/Mo
Unit 6 1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementWalkout, Unfinished, No Tenant Access, Interior Stairs, Full, Bulkhead, Unfinished
† The remarks published on this webpage originate from Listed By Charles C. Burns of BHHS Vermont Realty Group/Burlington 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.