2-4 Decatur Street Burlington, Vermont 05401 MLS# 4946084

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Sold Status

$470,000 Sold Price

Multi Type

3 Beds

3 Baths

1,828 Sqft

Listed By The Conroy Group of KW Vermont
Sold By Ridgeline Real Estate

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Burlington

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This beautiful brick triplex is located in the Old North End of Burlington, VT. It currently has excellent long-term tenants that have always taken care of the property, making this a perfect investment opportunity. The property offers 3 units, all 1 bedroom, and 1 bathroom, with available off-street and on-street parking. It is located only minutes from many restaurants, a yoga studio, a grocery store, and much more. It also has close access to Church Street Marketplace, Lake Champlain waterfront, dog parks, A-Dog Skatepark, bike path, colleges, and UVM Medical Center. This is one to see! Showings begin Friday, March 24, 2023. Open House Sunday March 26, 2023 - 11am-2pm †

Property Location

2-4 Decatur Street Burlington

Property Details

Essentials

Sold Price $470,000		Sold Date Jun 29th, 2023
List Price 450,000	Bedrooms 3	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1899
MLS# 4946084	Lot Size 0.06 Acres	Taxes $8,761
Type Multi-Family	Days on Market 611 Days	Tax Year 2023
Units 3	Stories 1/1/1900	Road Frontage 102
Annual Income $50,400	Style Multi-Level	Water Frontage
Annual Expenses $0	Finished 1,828 Sqft	Construction No, Existing
Zoning Res. Medium Density	Above Grade 1,828 Sqft	Seasonal No
Total Rooms 3	Below Grade 0 Sqft	List Date Mar 21st, 2023

Expenses

Gross Income $50,400	Operating Expenses $0	Net Income $38,200

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, 736 SqFt, $1,150/Monthly	Unit 2 1 Beds, 1 Baths, 736 SqFt, $1,200/Monthly
Unit 3 1 Beds, 1 Baths, 540 SqFt, $1,000/Monthly

Building

ConstructionWood Frame
BasementWalkout, Apartments, Concrete Floor, Walkout, Exterior Access
Interior Features
Exterior Features

Exterior Brick	Disability Features
Foundation Brick, Stone	House Color Brick
Floors Combination	Building Certifications
Roof Metal	HERS Index

Property

DirectionsHeading North on North Winooski Avenue, Turn Left onto Decatur Street, House on Right at end of street, sits on corner of Intervale Avenue and Decatur Street.
Lot DescriptionNo, City Lot
Garage & Parking No, , , On Street, Off Street, On Street

Road Frontage 102	Water Access
Driveway Crushed Stone	Water Type
Flood Zone Unknown	Water Body
Zoning Res. Medium Density

Schools

School District Burlington School District	Middle Edmunds Middle School
Elementary Sustainability Academy	High Burlington High School

Utilities

Heat Fuel	Excluded
Heating/Cool None, Hot Air	Negotiable
Sewer Public	Parcel Access ROW No
Water Public	ROW for Other Parcel No
Water Heater Separate, Gas-Natural	Financing
Cable Co	Documents Deed, Plat/Grid Map, Tax Map
Electric 100 Amp	Tax ID 114-035-13841

† The remarks published on this webpage originate from Listed By The Conroy Group 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.