58-60 Front Street Burlington, Vermont 05401 MLS# 4442250

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Sold Status

$458,000 Sold Price

Multi Type

4 Beds

3 Baths

2,304 Sqft

Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By Rossi & Riina Real Estate
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Burlington

58-60 Front Street

Exceptional Burlington 3-Unit on corner lot. Fantastic quiet location on corner of Front Street and Summer Street yet only a few blocks to downtown. Two second-floor well-maintained one bedroom units and spacious first floor two bedroom unit. Plenty of parking with detached garage. Well maintained units, secluded yard and covered porch. Strong financials - tenants pay utilities.

Property Location

58-60 Front Street Burlington

Property Details

Sold Price  $458,000 Sold Date  Oct 20th, 2015
List Price  447,500 Bedrooms  4 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1899
MLS#  4442250 Lot Size  0.13 Acres Taxes $6,558
Type  Multi-Family Days on Market  3398 Days Tax Year 15-16
Units  3 Stories  2 Road Frontage  50
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $12,544 Finished  2,304 Sqft Construction  No, Existing
Zoning   RM Above Grade  2,304 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Aug 3rd, 2015
Gross Income  $0 Operating Expenses  $12,544 Net Income  $42,300
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,500/Mo Unit 2   1 Beds, 1 Baths, $1,175/Mo
Unit 3   1 Beds, 1 Baths, $850/Mo
ConstructionWood Frame
BasementFull
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Stone House Color  
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsCorner of Front Street and Summer Street.
Lot DescriptionCity Lot
Garage & Parking  Yes, Detached, Garage, Off Street
Road Frontage  50 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  RM
School District  Burlington School District Middle  Assigned
Elementary  Assigned High  Burlington High School
Heat Fuel  Gas-Natural Excluded  
Heating/Cool  Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  Conventional
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  11403514722
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