Sold Status
$625,000 Sold Price
Multi Type
6 Beds
3 Baths
1,772 Sqft
Sold By Ridgeline Real Estate
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Burlington
Centrally located in the heart of the Queen City, this triplex apartment building on Pine Street is ready for its next owner! Situated just minutes to everything downtown Burlington has to offer, this is an excellent investment opportunity. The property boasts a fantastic layout with 2 bedroom's in each unit. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with brand new unique crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, some new windows and laundry hookups in Unit B's bathroom. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Incredible walkable location less than 5 minutes to the Burlington Waterfront and Church Street Marketplace. †
Property Location
Property Details
Sold Price $625,000 | Sold Date Oct 14th, 2022 | |
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List Price 645,000 | Bedrooms 6 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 1899 |
MLS# 4910074 | Lot Size 0.04 Acres | Taxes $8,848 |
Type Multi-Family | Days on Market 920 Days | Tax Year 2021 |
Units 3 | Stories 2 | Road Frontage 35 |
Annual Income $66,300 | Style Apartment Building | Water Frontage |
Annual Expenses $0 | Finished 1,772 Sqft | Construction No, Existing |
Zoning Res | Above Grade 1,772 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date May 16th, 2022 |