234-238 Ethan Allen Parkway Burlington, Vermont 05408 MLS# 4889994

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Sold Status

$404,000 Sold Price

Multi Type

4 Beds

2 Baths

1,680 Sqft

Listed By Mikail Stein of RE/MAX North Professionals
Sold By Dana Valentine of Coldwell Banker Hickok and Boardman

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On a sunny street in Burlington's New North End, you'll find a duplex on a large partially fenced in lot with a spacious detached 2 car garage. Each side of the duplex has 2 bedrooms and 1 bath with separate full partially finished basements, and one has a walk out to the back yard. There's plenty of parking in the driveway, each unit has a spacious living room and a large bright kitchen. The communal deck is the best way to enjoy your morning coffee. Across the street from the Ethan Allen Park gives access to walking/biking/running trails, only minutes from Burlington's Church Street and Leddy Beach. Currently operating at a CAP of nearly 6% with great potential to be closer to a CAP of 7%. Separate utilities for each unit and almost no vacancy in the last 5 years. The property has been well maintained with some updates include a new furnace, 4yr old roof, stove, bathtub, flooring, paint, and more! Property owned by a licensed Real Estate Agent. †

Property Location

234-238 Ethan Allen Parkway Burlington

Property Details

Essentials

Sold Price $404,000		Sold Date Dec 9th, 2021
List Price 399,900	Bedrooms 4	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1961
MLS# 4889994	Lot Size 0.22 Acres	Taxes $7,450
Type Multi-Family	Days on Market 1110 Days	Tax Year 2022
Units 2	Stories 1	Road Frontage
Annual Income $35,100	Style Ranch	Water Frontage
Annual Expenses $0	Finished 1,680 Sqft	Construction No, Existing
Zoning res	Above Grade 1,680 Sqft	Seasonal No
Total Rooms 4	Below Grade 0 Sqft	List Date Nov 9th, 2021

Expenses

Gross Income $35,100	Operating Expenses $0	Net Income $23,330

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, 840 SqFt, $1,550/Monthly	Unit 2 2 Beds, 1 Baths, 840 SqFt, $1,375/Monthly

Building

ConstructionOther
BasementInterior, Unfinished, Partially Finished, Walkout
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Block	House Color white
Floors Carpet, Vinyl, Laminate, Wood	Building Certifications
Roof Shingle	HERS Index

Property

DirectionsNorth on North Ave, right onto Ethan Allen Parkway, property is the second house on the left past sandy lane.
Lot DescriptionUnknown, Trail/Near Trail, Other, Trail/Near Trail, Walking Trails
Garage & Parking Yes, ,

Road Frontage	Water Access
Driveway Concrete	Water Type
Flood Zone No	Water Body
Zoning res

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool Wall AC Units, Forced Air	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Gas-Natural	Financing
Cable Co Comcast	Documents
Electric Fuses	Tax ID 114-035-12653

† The remarks published on this webpage originate from Listed By Mikail Stein of RE/MAX North Professionals 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.