194 South Champlain Street Burlington, Vermont 05401 MLS# 4734036

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Sold Status

$820,000 Sold Price

Multi Type

3 Beds

3 Baths

3,256 Sqft

Listed By Jessica Bridge of Element Real Estate
Sold By Vermont Real Estate Company

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This gorgeous, Greek Revival, multi-family home, was once an old school house and is now one of only two that remain in Burlington. This brick beauty has been converted into 3 ultra modern, 1-bedroom apartments. No stone was left unturned in this renovation and special consideration was given to maximize light, space, and efficiency without compromising the minimal yet warm aesthetic. Great rental history, but also ideal for an owner-occupant or as an airbnb. Separate utilities, ample off-street parking, and an outbuilding suitable for 3 cars with room for extra storage and/or a studio or workshop, make this property even more desirable and versatile. This property offers historic charm & modern style in an unbeatable Downtown location. Showings begin 1/27/19. †

Property Location

194 South Champlain Street Burlington

Property Details

Essentials

Sold Price $820,000		Sold Date Mar 8th, 2019
List Price 825,000	Bedrooms 3	Garage Size 3 Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1850
MLS# 4734036	Lot Size 0.14 Acres	Taxes $8,551
Type Multi-Family	Days on Market 2129 Days	Tax Year 2018
Units 3	Stories 2	Road Frontage 49
Annual Income $61,740	Style Multi-Family	Water Frontage
Annual Expenses $0	Finished 3,256 Sqft	Construction No, Existing
Zoning RH	Above Grade 3,256 Sqft	Seasonal No
Total Rooms 3	Below Grade 0 Sqft	List Date Jan 23rd, 2019

Expenses

Gross Income $61,740	Operating Expenses $0	Net Income $43,955

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, $1,800/Annually	Unit 2 1 Beds, 1 Baths, $1,800/Annually
Unit 3 1 Beds, 1 Baths, $0/Annually

Building

ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features

Exterior Brick, Wood Siding	Disability Features
Foundation Stone	House Color brick
Floors Hardwood, Carpet, Ceramic Tile	Building Certifications
Roof Shingle-Architectural	HERS Index

Property

DirectionsBattery Street to King Street, right onto S Champlain St, home on left, sign on lawn.
Lot Description, City Lot
Garage & Parking No, Storage Above, Other,

Road Frontage 49	Water Access
Driveway Common/Shared	Water Type
Flood Zone No	Water Body
Zoning RH

Schools

School District Burlington School District	Middle Edmunds Middle School
Elementary	High Burlington High School

Utilities

Heat Fuel	Excluded
Heating/Cool Mini Split, Radiators, Heat Pump	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Domestic	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 11403516953

† The remarks published on this webpage originate from Listed By Jessica Bridge of Element 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.