60 Clarke Street Burlington, Vermont 05401 MLS# 4420357

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Sold Status

$945,000 Sold Price

Multi Type

13 Beds

8 Baths

9,600 Sqft

Listed By Doug Boardman of Coldwell Banker Hickok & Boardman - (802)846-9538
Sold By Element Real Estate
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Burlington

60 Clarke Street

10 unit apartment building in the heart of downtown. This 9,600 sq ft building was built as an apartment building so it has no wasted space. All separate utilities and coin-op laundry. No parking but only 1 block from Church street. Long term-tenants with below-market rents provide a great opportunity to increase income.

Property Location

60 Clarke Street Burlington

Property Details

Sold Price  $945,000 Sold Date  Jul 9th, 2015
List Price  945,000 Bedrooms  13 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  8 Year Built  1899
MLS#  4420357 Lot Size  0.1 Acres Taxes $18,505
Type  Multi-Family Days on Market  3487 Days Tax Year 2015
Units  10 Stories  3 Road Frontage  85
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $32,525 Finished  9,600 Sqft Construction  No, Existing
Zoning   Residential Above Grade  9,600 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  May 8th, 2015
Gross Income  $0 Operating Expenses  $32,525 Net Income  $108,300
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $870/Mo Unit 2   3 Beds, 1 Baths, $1,050/Mo
Unit 3   1 Beds, 1 Baths, $530/Mo Unit 4   3 Beds, 1 Baths, $1,150/Mo
Unit 5   1 Beds, 1 Baths, $0/Mo Unit 6   1 Beds, 1 Baths, $0/Mo
Unit 7   1 Beds, 1 Baths, $0/Mo Unit 8   1 Beds, 1 Baths, $0/Mo
ConstructionOther
BasementUnfinished
Interior Features
Exterior Features
Exterior  Wood, Vinyl Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl, Tile, Carpet, Hardwood Building Certifications  
Roof  Slate HERS Index  
DirectionsProperty on corner of Grant and Clarke Streets which is at the top of Church Street.
Lot DescriptionCorner
Garage & Parking  No, None
Road Frontage  85 Water Access  
Driveway  None Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel  Gas-Natural Excluded  
Heating/Cool  Individual, Radiators, Individual Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  Conventional
Cable Co  Comcast Documents  Deed, Lease Agreements
Electric  Circuit Breaker Tax ID  114-035-15442
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