Sold Status
$658,000 Sold Price
Multi Type
6 Beds
4 Baths
2,450 Sqft
Sold By KW Vermont
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Burlington
Welcome to 64 Hyde Street, a rare gem in the heart of Burlington, Vermont! This 4 unit multifamily property offers an exceptional investment opportunity with a great cap rate. It has been meticulously maintained by the same family for many years and is now ready for a new owner. Located in a desirable residential neighborhood, this property is conveniently situated close to downtown Burlington and all its amenities. You'll love the off-street parking that comes with this property, ensuring your tenants never have to worry about finding a spot on the street. Inside many units boast beautiful hardwood or vinyl floors and Rinnai heaters. All units are currently occupied by long-term month to month tenants, making this an ideal property for any investor looking for a stable rental income. Being freshly painted, ensuring it looks its very best and is inviting to both current and potential tenants. This attention to detail demonstrates the pride of ownership and commitment to maintaining the property's value. Whether you're an experienced investor, owner occupying or just starting out, 64 Hyde Street is a property that you won't want to miss. Its prime location, great cap rate, exceptional condition, and desirable features make it a fantastic investment opportunity. Don't hesitate - schedule your showing today and discover why this property is the perfect addition to your real estate portfolio. Join us when showings begin at the group showing Sat, 4/1 at 12p-2p and 4/2 at 11a-12p †
Property Location
Property Details
Sold Price $658,000 | Sold Date May 23rd, 2023 | |
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List Price 669,000 | Bedrooms 6 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 4 | Year Built 1910 |
MLS# 4947176 | Lot Size 0.13 Acres | Taxes $9,448 |
Type Multi-Family | Days on Market 602 Days | Tax Year 2022 |
Units 4 | Stories 2 | Road Frontage |
Annual Income $57,000 | Style Multi-Family | Water Frontage |
Annual Expenses $0 | Finished 2,450 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,450 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date Mar 30th, 2023 |