6-10 Greene Street Burlington, Vermont 05401 MLS# 4717595

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Sold Status

$1,430,000 Sold Price

Multi Type

18 Beds

7 Baths

5,037 Sqft

Listed By Nancy Warren of Four Seasons Sotheby's Int'l Realty
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman

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Located in the heart of Burlington, Vermont this 6 unit apartment is a great investment opportunity. Greene Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential street, this 3-story house offers six 3-bedroom apartments for rent. All apartments include spacious living rooms, plenty of outdoor living space, and large bedrooms. Well maintained by the current owner, this is a turn-key income generating property. Each unit is separately metered with laundry in basement for added income. 0% vacancy rate since 2013. †

Property Location

6-10 Greene Street Burlington

Property Details

Essentials

Sold Price $1,430,000		Sold Date Jan 9th, 2020
List Price 1,495,000	Bedrooms 18	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 7	Year Built 1899
MLS# 4717595	Lot Size 0.09 Acres	Taxes $28,017
Type Multi-Family	Days on Market 2264 Days	Tax Year 2018
Units 6	Stories 3	Road Frontage 46
Annual Income $161,220	Style Other	Water Frontage
Annual Expenses $0	Finished 5,037 Sqft	Construction No, Existing
Zoning TBD	Above Grade 5,037 Sqft	Seasonal No
Total Rooms 18	Below Grade 0 Sqft	List Date Sep 10th, 2018

Expenses

Gross Income $161,220	Operating Expenses $0	Net Income $124,787

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 2 Baths, 840 SqFt, $2,025/Monthly	Unit 2 3 Beds, 1 Baths, 840 SqFt, $2,025/Monthly
Unit 3 3 Beds, 1 Baths, 840 SqFt, $2,025/Monthly	Unit 4 3 Beds, 1 Baths, 840 SqFt, $2,250/Monthly
Unit 5 3 Beds, 1 Baths, 840 SqFt, $2,250/Monthly	Unit 6 3 Beds, 1 Baths, 840 SqFt, $2,205/Monthly

Building

ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features

Exterior Asphalt	Disability Features
Foundation Brick, Concrete, Stone	House Color
Floors	Building Certifications
Roof Membrane	HERS Index

Property

DirectionsPearl Street onto Greene Street, property on right.
Lot Description, City Lot
Garage & Parking No, ,

Road Frontage 46	Water Access
Driveway None	Water Type
Flood Zone Unknown	Water Body
Zoning TBD

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool None, Baseboard	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Gas-Natural	Financing
Cable Co	Documents
Electric 220 Plug, Circuit Breaker	Tax ID 114-035-16090

† The remarks published on this webpage originate from Listed By Nancy Warren of Four Seasons Sotheby\'s Int\'l Realty 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.