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Premier investment property in Burlington's Hill Section consisting of 5 apartments in 2 buildings with 18 bedrooms, over 7,400 sq ft. of living space on .61 acre lot. Located near Colleges and downtown in one of Burlington's most desirable locations. This turn-key property has been very well maintained and updated, offering ample parking and lake views.
Property Location
250 South Union Street Burlington
Property Details
Sold Price $1,660,000
Sold Date Oct 14th, 2020
List Price 1,650,000
Bedrooms 18
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 6
Year Built 1900
MLS# 4824639
Lot Size 0.62 Acres
Taxes $33,459
Type Multi-Family
Days on Market 1549 Days
Tax Year 2020
Units 5
Stories 1/2/1900
Road Frontage
Annual Income $181,200
Style Apartment Building, Carriage, Victorian
Water Frontage
Annual Expenses $0
Finished 7,407 Sqft
Construction No, Existing
Zoning RLD
Above Grade 7,407 Sqft
Seasonal No
Total Rooms 18
Below Grade 0 Sqft
List Date Aug 25th, 2020
Gross Income $181,200
Operating Expenses $0
Net Income $110,727
Expenses Includes
Unit 1 4 Beds, 1 Baths, $0/Mo
Unit 3 3 Beds, 1 Baths, $0/Mo
Unit 4 3 Beds, 1 Baths, $0/Mo
Unit 5 3 Beds, 1 Baths, $0/Mo
Unit 6 5 Beds, 2 Baths, $0/Mo
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Brick, Concrete, Stone
House Color Yellow
Floors
Building Certifications
Roof Slate, Shake, Metal
HERS Index
DirectionsFrom top of Main Street, go south on South Willard Street, right onto Maple Street , left onto South Union Street, 4th property on left.
Lot Description, View, Mountain View, Lake View, City Lot
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