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Invest in Burlington! This 5-bedroom duplex is perfect for an owner-occupier or investor. Less than a block to Battery Park and easy access to the bike path, Lake Champlain waterfront, and Church Street. The first-floor apartment, currently vacant, offers 3 bedrooms, hardwood floors, an enclosed porch, and has been freshly painted. The kitchen and bathroom are awaiting your renovations. The upstairs unit has been updated and offers a spacious 2-bedroom unit with an enclosed porch. Tenants pay their own heat, hot water, and electric. Storage in basement and laundry hook-ups for both units. Some off-street parking plus a cozy, easy to maintain yard. Situated on a one-way street with plenty of street parking.
Property Location
65-67 Park Street Burlington
Property Details
Sold Price $510,000
Sold Date May 19th, 2023
List Price 499,000
Bedrooms 5
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 2
Year Built 1899
MLS# 4945444
Lot Size 0.06 Acres
Taxes $8,636
Type Multi-Family
Days on Market 619 Days
Tax Year 2022
Units 2
Stories 2
Road Frontage 41
Annual Income $53,400
Style Multi-Family
Water Frontage
Annual Expenses $0
Finished 1,742 Sqft
Construction No, Existing
Zoning RM
Above Grade 1,742 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Mar 13th, 2023
Gross Income $53,400
Operating Expenses $0
Net Income $39,299
Expenses Includes
Unit 1 3 Beds, 1 Baths, $0/Mo
Unit 2 2 Beds, 1 Baths, $1,750/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl, Clapboard
Disability Features
Foundation Brick, Stone
House Color
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsFrom North Street turn onto Park Street, property is on the right, third from the end.