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Rare 4 unit building with two 3-bedroom apartments, a one bedroom and a studio. Plenty of parking with 2 car garage. Great location close to downtown, Champlain College, UVM, Hospital, shops and restaurants. Solid financials with great upside!
Property Location
7-15 Cliff Street Burlington
Property Details
Sold Price $575,000
Sold Date Feb 27th, 2015
List Price 565,000
Bedrooms 8
Garage Size 2 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1899
MLS# 4398863
Lot Size 0.15 Acres
Taxes $11,225
Type Multi-Family
Days on Market 3604 Days
Tax Year 14-15
Units 4
Stories 2
Road Frontage 95
Annual Income $0
Style Other
Water Frontage 1
Annual Expenses $17,488
Finished 3,443 Sqft
Construction No, Existing
Zoning RL
Above Grade 3,443 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date Jan 9th, 2015
Gross Income $0
Operating Expenses $17,488
Net Income $45,600
Expenses Includes
Unit 1 3 Beds, 1 Baths, $1,100/Mo
Unit 2 3 Beds, 1 Baths, $1,350/Mo
Unit 3 1 Beds, 1 Baths, $500/Mo
Unit 4 1 Beds, 1 Baths, $850/Mo
ConstructionWood Frame
BasementInterior Stairs, Bulkhead
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Stone
House Color Green
Floors Bamboo, Vinyl, Hardwood, Carpet
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsHead North on South Union Street, turn right on Cliff Street, 1st building on the right.
Lot DescriptionCity Lot
Garage & Parking Yes, Attached, Garage
Road Frontage 95
Water Access
Driveway Concrete, Gravel
Water Type
Flood Zone No
Water Body
Zoning RL
School District Burlington School District
Middle Edmunds Middle School
Elementary Assigned
High Burlington High School
Heat Fuel Gas-Natural
Excluded
Heating/Cool Baseboard, Hot Water
Negotiable
Sewer Public
Parcel Access ROW Yes
Water Public
ROW for Other Parcel
Water Heater Gas-Natural
Financing Conventional
Cable Co
Documents Deed, Property Disclosure, Lease Agreements, Other
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