Back to Search ResultsSold Status
$425,000 Sold Price
Multi Type
10 Beds
0 Baths
4,198 Sqft
Sold By
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Burlington
This well maintained and recently updated 4 unit building has plenty of growth potential for the willing investor. Located on the corner of North and Drew Streets, right across of the Olde Northender and steps away from the bus line, this property has had little vacancies over the past 8 years. Generating a 10% cap rate at current rents it is priced to sell quickly. †
Property Location
Property Details
| Sold Price $425,000 | Sold Date Jan 8th, 2016 | |
|---|---|---|
| List Price 450,000 | Bedrooms 10 | Garage Size 0 Car |
| Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1899 |
| MLS# 4413871 | Lot Size 0.03 Acres | Taxes $7,713 |
| Type Multi-Family | Days on Market 3509 Days | Tax Year 14/15 |
| Units 4 | Stories 3 | Road Frontage 90 |
| Annual Income $0 | Style Converted | Water Frontage |
| Annual Expenses $0 | Finished 4,198 Sqft | Construction No, Existing |
| Zoning R4 | Above Grade 4,198 Sqft | Seasonal No |
| Total Rooms 10 | Below Grade 0 Sqft | List Date Apr 16th, 2015 |
| Gross Income $0 | Operating Expenses $0 | Net Income $59,604 |
|---|
| Expenses Includes |
|---|
| Unit 1 2 Beds, Baths, $1,150/Mo | Unit 2 1 Beds, Baths, $875/Mo |
|---|---|
| Unit 3 4 Beds, Baths, $1,742/Mo | Unit 4 3 Beds, Baths, $1,200/Mo |
| ConstructionWood Frame |
|---|
| BasementFull, Crawl Space |
| Interior Features |
| Exterior Features |
| Exterior Clapboard | Disability Features |
|---|---|
| Foundation Concrete, Stone | House Color |
| Floors | Building Certifications |
| Roof Shingle-Architectural | HERS Index |
| Directions |
|---|
| Lot DescriptionCorner |
| Garage & Parking No |
| Road Frontage 90 | Water Access |
|---|---|
| Driveway None | Water Type |
| Flood Zone No | Water Body |
| Zoning R4 |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel Gas-Natural | Excluded |
|---|---|
| Heating/Cool Hot Air | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Electric, Gas-Natural | Financing |
| Cable Co Burlington Telecom | Documents Deed, Other |
| Electric Other | Tax ID 114-035-14328 |
† The remarks published on this webpage originate from Listed By Peter Yee of 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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