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Burlington Triplex just North of downtown and a few blocks from the waterfront and bike path. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and UVM Medical Center. Profitable turn-key investment property with many recent improvements and solid financials. All Three apartments span their entire floors each offering 2 bedrooms, 1 bathroom with gleaming hardwood floors, fresh paint, bonus office spaces and covered porches. Extremely desirable and well-maintained apartments with coin-op laundry, separate utilities and off-street parking. Close to Church Street Marketplace, parks, colleges and University of Vermont Medical Center. Profitable turn-key investment property with many recent improvements and solid financials.
Property Location
43-45 Ward Street Burlington
Property Details
Sold Price $636,000
Sold Date Dec 23rd, 2020
List Price 659,000
Bedrooms 6
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1920
MLS# 4827453
Lot Size 0.12 Acres
Taxes $9,605
Type Multi-Family
Days on Market 1535 Days
Tax Year 2020
Units 3
Stories 3
Road Frontage
Annual Income $56,940
Style Apartment Building, Multi-Family
Water Frontage
Annual Expenses $0
Finished 2,602 Sqft
Construction No, Existing
Zoning RMD
Above Grade 2,602 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date Sep 8th, 2020
Gross Income $56,940
Operating Expenses $0
Net Income $40,548
Expenses Includes
Unit 1 2 Beds, 1 Baths, 904 SqFt, $1,575/Monthly
Unit 2 2 Beds, 1 Baths, 970 SqFt, $1,620/Monthly
Unit 3 2 Beds, 1 Baths, 728 SqFt, $1,550/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Bulkhead, Storage Space
Interior Features
Exterior Features
Exterior Wood Siding
Disability Features
Foundation Concrete
House Color Tan
Floors Hardwood
Building Certifications
Roof Slate
HERS Index
DirectionsFrom Main Street to Right on Battery Street, left onto North Avenue, right onto Ward Street, property on right.
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