54-56 Peru Street Burlington, Vermont 05401 MLS# 4894111

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Sold Status

$490,000 Sold Price

Multi Type

7 Beds

3 Baths

1,874 Sqft

Listed By Geri Reilly of Geri Reilly Real Estate
Sold By Flex Realty
✉ 🖶

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54-56 Peru Street

Don't miss out on this 3 unit multifamily consisting of 2 buildings. #56 is a duplex with 2 and 3 bedroom units. Separate utilities. #54 is an adorable 2 bedroom Bungalow tucked in the back with covered porch - Perfect to be owner occupied with separate utilities. 2 furnaces are new within the last 2 years, plenty of parking, lots of potential for growth on this one! Walk to downtown, Church Street Marketplace, Lake Champlain, Battery Park, and other Burlington amenities. Delayed showings until January 5th. †

Property Location

54-56 Peru Street Burlington

Property Details

Sold Price  $490,000 Sold Date  Mar 25th, 2022
List Price  475,000 Bedrooms  7 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1922
MLS#  4894111 Lot Size  0.09 Acres Taxes $12,134
Type  Multi-Family Days on Market  1058 Days Tax Year 2021
Units  3 Stories  2 Road Frontage  33
Annual Income  $55,800 Style  Apartment Building, Bungalow Water Frontage  
Annual Expenses  $0 Finished  1,874 Sqft Construction  No, Existing
Zoning   Residential Above Grade  1,874 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Dec 29th, 2021
Gross Income  $55,800 Operating Expenses  $0 Net Income  $38,800
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 600 SqFt, $1,950/Monthly Unit 2   3 Beds, 1 Baths, 700 SqFt, $1,600/Monthly
Unit 3   2 Beds, 1 Baths, 500 SqFt, $1,100/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Storage Space, Interior Stairs
Interior Features
Exterior Features
Exterior  Shake Disability Features  
Foundation  Concrete House Color  
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Slate, Shingle-Asphalt, Rolled HERS Index  
DirectionsFrom Pearl Street, right onto Elmwood Ave, left onto Peru Street, property on right.
Lot Description, Level, City Lot, Level, Near Bus/Shuttle
Garage & Parking  No, , , Driveway
Road Frontage  33 Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Choice High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Individual, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  No
Water Heater  Tank, Gas-Natural Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-14838
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† The remarks published on this webpage originate from Listed By Geri Reilly of Geri Reilly Real Estate 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.