Back to Search ResultsSold Status
$2,682,500 Sold Price
Multi Type
0 Beds
0 Baths
9,987 Sqft
Sold By Coldwell Banker Carlson Real Estate
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Burlington
Location, location, location! Rare opportunity to own a 19 unit multi-family in the heart of downtown Burlington. Sitting proudly next to the Federal Building/Post Office and less than a block from the top of Church Street, these units never have a vacancy. Property includes stand alone single family 3 bedroom carriage house and main building with 18 units, one of which is used as the maintenance office. Well maintained with numerous recent updates including new boiler and hot water tanks in the fall of 2020. Properties of this size,in this location, don't come to market often! †
Property Location
Property Details
| Sold Price $2,682,500 | Sold Date May 25th, 2022 | |
|---|---|---|
| List Price 2,795,000 | Bedrooms 0 | Garage Size Car |
| Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1900 |
| MLS# 4845334 | Lot Size 0.26 Acres | Taxes $61,289 |
| Type Multi-Family | Days on Market 1394 Days | Tax Year 2021 |
| Units 19 | Stories 2 | Road Frontage 75 |
| Annual Income $228,290 | Style Multi-Family | Water Frontage |
| Annual Expenses $0 | Finished 9,987 Sqft | Construction No, Existing |
| Zoning Res-High Denisity | Above Grade 9,987 Sqft | Seasonal No |
| Total Rooms 0 | Below Grade 0 Sqft | List Date Jan 27th, 2021 |
| Gross Income $228,290 | Operating Expenses $0 | Net Income $134,339 |
|---|
| Expenses Includes |
|---|
| ConstructionWood Frame |
|---|
| BasementInterior, Concrete |
| Interior Features |
| Exterior Features |
| Exterior Brick, Vinyl Siding | Disability Features |
|---|---|
| Foundation Concrete | House Color |
| Floors | Building Certifications |
| Roof Shingle-Asphalt | HERS Index |
| DirectionsPearl Street, right onto Elmwood Ave, building is on the left just after the Post Office. |
|---|
| Lot Description, City Lot, Near Bus/Shuttle |
| Garage & Parking No, , |
| Road Frontage 75 | Water Access |
|---|---|
| Driveway Common/Shared | Water Type |
| Flood Zone No | Water Body |
| Zoning Res-High Denisity |
| School District Burlington School District | Middle |
|---|---|
| Elementary | High |
| Heat Fuel , Gas-Natural | Excluded |
|---|---|
| Heating/Cool None, Hot Water | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Gas-Natural | Financing |
| Cable Co | Documents |
| Electric Circuit Breaker | Tax ID 114-035-15347 |
† The remarks published on this webpage originate from Listed By Kara Koptiuch of Vermont Real Estate Company 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.
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