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Classic Burlington duplex located at 35-37 Rose Street. Large 3 bedroom 1st floor unit will be vacant on June 1, 2024. Excellent owner occupied opportunity or perfect for an investor at a 6.8% CAP rate. 3 Bedroom unit is filled with natural light, 1 full bathroom, hardwood floors and an updated kitchen with granite counter tops. 2nd Floor unit has an excellent rental history and has 1 bedroom and 1 full bathroom. Possible development potential on this large double lot; 2 curb cuts. Large 2 car garage and ample parking make this a very attractive turn-key investment. Conveniently located on quiet Rose Street in the Old North End. Easy access to Church Street Marketplace, Burlington Greenway and the Waterfront. †
Property Location
35-37 Rose Street Burlington
Property Details
MLS# 4995695
Bedrooms 4
Garage Size 2 Car
List Price 549,900
Total Bathrooms 2
Year Built 1920
Type Multi-Family
Lot Size 0.1500 Acres
Taxes $7,938
Units 2
Stories 1/1/1900
Road Frontage
Annual Income $49,200
Style
Water Frontage
Annual Expenses $0
Finished 1,404 Sqft
Construction No, Existing
Zoning Residential
Above Grade 1,404 Sqft
Seasonal No
Total Rooms 4
Below Grade 0 Sqft
List Date May 15th, 2024
Gross Income $49,200
Operating Expenses $0
Net Income $37,517
Expenses Includes
Unit 1 3 Beds, 1 Baths, 988 SqFt, $2,800/Monthly
Unit 2 1 Beds, 1 Baths, 416 SqFt, $1,300/Monthly
Construction
BasementInterior, Unfinished, Interior Stairs
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Stone, Concrete
House Color Gray
Floors Laminate, Hardwood
Building Certifications
Roof Slate
HERS Index
DirectionsNorth Street to Rose. Property on your left.
Lot Description
Garage & Parking Yes, Off Street
Road Frontage
Water Access
Driveway Crushed Stone
Water Type
Flood Zone No
Water Body
Zoning Residential
School District Burlington School District
Middle
Elementary
High Burlington High School
Heat Fuel
Excluded
Heating/Cool None, Forced Air
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co
Documents
Electric Circuit Breaker
Tax ID 114-035-14622
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† The remarks published on this webpage originate from Listed By Bryce Gilmer of Vermont Real Estate Company via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.
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