59 Howard Street Burlington, Vermont 05401 MLS# 4889555

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Sold Status

$575,000 Sold Price

Multi Type

4 Beds

2 Baths

2,307 Sqft

Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106
Sold By
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Burlington

59 Howard Street

Located in the coveted Five Sisters Neighborhood in Burlington, VT, this Howard Street duplex offers a remarkable investment opportunity. The two units - both featuring two bedrooms and one full bathroom - provide a perpetual market demand for occupancy with a solid short- and long-term rental history. For the prospects of a future owner occupant, the seller has thoughtfully held the upstairs apartment (previously rented for $1800/month) vacant for the sales process after a long-term tenant recently moved. The main level tenants are currently under lease to 8/31/2022 for $2000/month. Recent updates include some flooring, paint, and fixtures in both units. Vintage charm radiates from the slate roof and wide pine flooring. The level backyard lawn is fully fenced, which is great for pets, and is home to an epic Eastern Cottonwood. All appliances in both units are owned by the seller and will convey. The full basement includes a partial crawl space to the exterior bulkhead and provides additional storage space with interior access from the main level unit. Enjoy three off-street parking spots and access to additional free parking on the surrounding streets. If desired, there is potential for the home to be converted back to a single-family home in the future. This location offers amazing proximity to the bike path, waterfront, Calahan Park, downtown Burlington, employment opportunities, and interstate 89.

Property Location

59 Howard Street Burlington

Property Details

Sold Price  $575,000 Sold Date  May 13th, 2022
List Price  599,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1899
MLS#  4889555 Lot Size  0.1 Acres Taxes $10,512
Type  Multi-Family Days on Market  1114 Days Tax Year 2021
Units  2 Stories  1/2/1900 Road Frontage  42
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,307 Sqft Construction  No, Existing
Zoning   Residential - Low Density Above Grade  2,307 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Nov 3rd, 2021
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 1,262 SqFt, $2,000/Monthly Unit 2   2 Beds, 1 Baths, 1,045 SqFt, $1,800/Monthly
ConstructionTimberframe
BasementInterior, Bulkhead, Unfinished, Crawl Space, Full, Interior Access, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard, Vinyl Siding Disability Features  
Foundation  Brick, Stone House Color  
Floors  Vinyl, Softwood, Vinyl Building Certifications  
Roof  Slate HERS Index  
DirectionsFrom Main Street, turn onto S Willard Street. Turn right onto Howard Street. Continue to home and real estate sign on left.
Lot DescriptionNo, Level, Sidewalks, Street Lights, Near Bus/Shuttle, Fenced
Garage & Parking  No, , , Unpaved, On Street, On Site, Unpaved
Road Frontage  42 Water Access  
Driveway  Gravel, Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential - Low Density
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent Negotiable  
Sewer  Public Sewer On-Site Parcel Access ROW  No
Water  Public Water - On-Site ROW for Other Parcel  No
Water Heater  Owned, Gas-Natural Financing  
Cable Co  Burlington Telecom Documents  Deed, Deed
Electric  On-Site Tax ID  114-035-18444
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† The remarks published on this webpage originate from Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106 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.