52 Murray Street Burlington, Vermont 05401 MLS# 4853257

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Sold Status

$650,000 Sold Price

Multi Type

5 Beds

4 Baths

2,664 Sqft

Listed By Mikail Stein of RE/MAX North Professionals
Sold By
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52 Murray Street

Wonderful 4-plex in the heart of Burlington only minutes from Church Street. This wonderful apartment building has three 1 bedroom apartments and one 2 bedroom apartment. Most of the property has been updated and is in great shape leaving little to no work required by the new owner. Great tenants with solid payment history. All EMP’s have been documented, with a projected CAP rate of 6.73% this is a tremendous investment opportunity. This property is also being sold as part of a portfolio with several other multi-families. See MLS #'s: 4853254 and 4853256. †

Property Location

52 Murray Street Burlington

Property Details

Sold Price  $650,000 Sold Date  Aug 27th, 2021
List Price  674,900 Bedrooms  5 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1910
MLS#  4853257 Lot Size  0.13 Acres Taxes $8,768
Type  Multi-Family Days on Market  1331 Days Tax Year 2021
Units  4 Stories  2 Road Frontage  
Annual Income  $61,200 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  2,664 Sqft Construction  No, Existing
Zoning   Res Above Grade  2,664 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 31st, 2021
Gross Income  $61,200 Operating Expenses  $0 Net Income  $45,395
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,000/Monthly Unit 2   2 Beds, 1 Baths, $1,300/Monthly
Unit 3   1 Beds, 1 Baths, $1,100/Monthly Unit 4   1 Beds, 1 Baths, $850/Monthly
ConstructionOther
BasementWalk-up, Storage Space, Unfinished, Gravel, Exterior Stairs
Interior Features
Exterior Features
Exterior  Other Disability Features  
Foundation  Stone, Other House Color  Green
Floors  Vinyl, Carpet, Laminate Building Certifications  
Roof  Membrane HERS Index  
DirectionsWest on North Street, Left onto Murray Street, building on your Left.
Lot DescriptionUnknown, City Lot
Garage & Parking  No, , , Off Street, 6+ Parking Spaces
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units, Rented Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Other Financing  
Cable Co  Comcast Documents  Property Disclosure, Other, Deed, Property Disclosure
Electric  Circuit Breaker Tax ID  114-035-14824
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† The remarks published on this webpage originate from Listed By Mikail Stein of RE/MAX North Professionals via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.