For Sale Status
$919,000 List Price
Multi Type
4 Beds
3 Baths
4,276 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Lipkin Audette
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Burlington
Large Mixed-Use Property
Large, 4,276 SF, 3-unit mixed-use property with a well-established dental office on the first floor. The second floor offers two spacious 2-bedroom apartments with potential to expand into the expansive walk-up attic with vaulted ceiling. Tenants pay heat and electricity. Unbeatable downtown location with plenty of parking and a strong upside on rents.
• Prime location
• Next to Pearl St Beverage
• 4,276 sq. ft.
• Ample parking
• Strong upside on rents
• Diverse portfolio
Property Location
256-258 Pearl Street Burlington
Property Details
MLS# 4994686 | Bedrooms 4 | Garage Size Car |
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List Price 919,000 | Total Bathrooms 3 | Year Built 1899 |
Type Multi-Family | Lot Size 0.1700 Acres | Taxes $15,159 |
Units 3 | Stories 1/2/1900 | Road Frontage |
Annual Income $71,340 | Style | Water Frontage |
Annual Expenses $0 | Finished 4,276 Sqft | Construction No, Existing |
Zoning RM | Above Grade 4,276 Sqft | Seasonal No |
Total Rooms 4 | Below Grade 0 Sqft | List Date May 8th, 2024 |
Gross Income $71,340 | Operating Expenses $0 | Net Income $49,040 |
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Expenses Includes |
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Unit 1 Beds, 1 Baths, $3,345/Monthly | Unit 2 2 Beds, 1 Baths, $1,300/Monthly |
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Unit 3 2 Beds, 1 Baths, $1,300/Monthly |
Construction |
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BasementWalk-up, Unfinished |
Interior Features |
Exterior Features |
Exterior | Disability Features |
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Foundation Brick, Stone | House Color |
Floors | Building Certifications |
Roof Slate, Slate | HERS Index |
DirectionsProperty on Pearl Street between Greene Street and North Union Street. |
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Lot Description |
Garage & Parking No |
Road Frontage | Water Access |
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Driveway Paved | Water Type |
Flood Zone Unknown | Water Body |
Zoning RM |
School District Burlington School District | Middle |
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Elementary | High |
Heat Fuel | Excluded |
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Heating/Cool None, Hot Air | Negotiable |
Sewer Public | Parcel Access ROW |
Water | ROW for Other Parcel |
Water Heater | Financing |
Cable Co | Documents |
Electric Circuit Breaker | Tax ID 114-035-15888 |
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