54-56 Hyde St Burlington, Vermont 05401 MLS# 4470151

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Sold Status

$264,000 Sold Price

Multi Type

6 Beds

2 Baths

1,652 Sqft

Listed By Matt Hurlburt of RE/MAX North Professionals
Sold By Matthew Kaseta of Coldwell Banker Hickok and Boardman

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This 3/3 duplex has had lots of practical improvements since 2006 to include an architectural shingle roof, new electrical and sheetrock, updated kitchen cabinets (2nd floor), trim, interior doors, metal exterior and storm doors, some plumbing/bathroom upgrades, etc. We believe the building was originally built as a duplex, as each unit is close to the same floor plan up and down. Two large side porches dramatically increase living space in nice weather, and off street parking behind the building, plus a large fenced yard, are nice rental amenities. Rents have been below market, utilities are paid by the tenants, and further cosmetic improvement will justify a rental increase for both units. A short walk to Pomeroy Park and Pearl Street. Many homes up and down the street have been significantly improved, so be a part of the downtown movement! †

Property Location

54-56 Hyde St Burlington

Property Details

Essentials

Sold Price $264,000		Sold Date Apr 28th, 2016
List Price 279,900	Bedrooms 6	Garage Size 0 Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1910
MLS# 4470151	Lot Size 0.11 Acres	Taxes $4,960
Type Multi-Family	Days on Market 3213 Days	Tax Year 2015
Units 2	Stories 2	Road Frontage 25
Annual Income $0	Style Duplex	Water Frontage
Annual Expenses $8,162	Finished 1,652 Sqft	Construction No, Existing
Zoning 2 Family	Above Grade 1,652 Sqft	Seasonal No
Total Rooms 6	Below Grade 0 Sqft	List Date Feb 4th, 2016

Expenses

Gross Income $0	Operating Expenses $8,162	Net Income $26,400

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 1 Baths, 818 SqFt, $1,100/Mo	Unit 2 3 Beds, 1 Baths, 818 SqFt, $1,100/Mo

Building

ConstructionWood Frame
BasementUnfinished, Interior Stairs, Dirt
Interior Features
Exterior Features

Exterior Aluminum	Disability Features 1st Floor Bedroom, 1st Floor Full Bathrm, 1st Floor Laundry, Access. Laundry No Steps, 1st Floor Laundry
Foundation Stone	House Color Tan
Floors Vinyl	Building Certifications
Roof Shingle-Architectural	HERS Index

Property

DirectionsFrom Main Street, travel north on North Union Street, right on North Street, 1st left on Hyde St, home on right.
Lot DescriptionCity Lot
Garage & Parking No, On Street, Off Street

Road Frontage 25	Water Access
Driveway Dirt, Gravel	Water Type
Flood Zone No	Water Body
Zoning 2 Family

Schools

School District Burlington School District	Middle
Elementary	High Burlington High School

Utilities

Heat Fuel Gas-Natural	Excluded
Heating/Cool Wall Units, Wall Units	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Owned, Electric, Rented, Gas-Natural	Financing Conventional
Cable Co Comcast	Documents Deed, Property Disclosure, Lease Agreements
Electric Circuit Breaker	Tax ID 114-035-15588

† The remarks published on this webpage originate from Listed By Matt Hurlburt 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.