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Burlington Duplex with (2) four bedrooms apartments, fully rented for 2013 School year.Very well maintained, turn-key property with strong financials, (8%+ Cap Rate) Tenants pay utilities. Great location-near Campus, Fletcher Allen Hospital and Downtown Burlington. Plenty of off-street parking. Call today!
Property Location
306-308 Colchester Avenue Burlington
Property Details
Sold Price $607,500
Sold Date Jul 6th, 2012
List Price 625,000
Bedrooms 8
Garage Size 0 Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1899
MLS# 4155732
Lot Size 0.08 Acres
Taxes $8,236
Type Multi-Family
Days on Market 4574 Days
Tax Year
Units 2
Stories 2
Road Frontage 57
Annual Income $63,600
Style Duplex
Water Frontage
Annual Expenses $12,270
Finished 2,644 Sqft
Construction No, Existing
Zoning RL
Above Grade 2,644 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date May 14th, 2012
Gross Income $63,600
Operating Expenses $12,270
Net Income $0
Expenses Includes
Unit 1 4 Beds, 1 Baths, $2,500/Monthly
Unit 2 4 Beds, 2 Baths, $2,800/Monthly
ConstructionWood Frame
Basement, Interior Stairs, Full
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Stone
House Color Tan
Floors Hardwood
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Pearl Street head East on Colchester Avenue. Duplex on left across from Centennial Field.
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