Sold Status
$1,025,000 Sold Price
Multi Type
6 Beds
2 Baths
3,656 Sqft
Sold By Flat Fee Real Estate
Similar Properties for Sale
Request a Showing or More Info
Call: 802-863-1500
Mortgage Provider
Mortgage Calculator
$
$ Taxes
$ Principal & Interest
$
This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.
Burlington
Charming duplex located in the heart of downtown Burlington, Vermont, featuring two spacious apartments, each with 3 bedrooms. Both units boast updated kitchens, ideal for modern living. The property includes durable slate and standing seam roofs, ensuring long-term reliability. Energy efficiency is enhanced with updated insulation in the attic and on basement sills. The attic holds potential for conversion into an additional finished room, adding to the living space. A 2-car detached garage provides ample parking and storage. Currently owner-occupied, the lower unit generates rental income, covering most ownership costs. The lower unit is rented below market value out of loyalty to long-term tenants, presenting an opportunity for future rental income increase. Residents will appreciate the convenience of a short walk to downtown Burlington, the University of Vermont, and Champlain College, making it an ideal location for students, faculty, and professionals. This property blends modern updates with classic charm in a prime location, perfect for investors or those seeking a home with additional income potential. †
Property Location
Property Details
Sold Price $1,025,000 | Sold Date Jul 9th, 2024 | |
---|---|---|
List Price 995,000 | Bedrooms 6 | Garage Size 2 Car |
Cooperation Fee Unknown | Total Bathrooms 2 | Year Built 1922 |
MLS# 4997213 | Lot Size 0.18 Acres | Taxes $15,067 |
Type Multi-Family | Days on Market 181 Days | Tax Year 2023 |
Units 2 | Stories 2 | Road Frontage |
Annual Income $0 | Style | Water Frontage |
Annual Expenses $0 | Finished 3,656 Sqft | Construction No, Existing |
Zoning R2 | Above Grade 3,656 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date May 24th, 2024 |