71-73 Elmwood Avenue Burlington, Vermont 05401 MLS# 4706646

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Sold Status

$1,100,000 Sold Price

Multi Type

0 Beds

0 Baths

10,240 Sqft

Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By The Marcelino Team
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Burlington

71-73 Elmwood Avenue

Expand your investment portfolio! Rare opportunity to own a landmark investment in Burlington with two buildings with 18 apartments plus a 2-car garage! Offering 3 two-bedroom units, 5 one-bedroom units, 10 studios with updates throughout. Most apartments have had recent updates. Just a few blocks from Lake Champlain, Downtown Burlington, Colleges and the Hospital.

Property Location

71-73 Elmwood Avenue Burlington

Property Details

Sold Price  $1,100,000 Sold Date  Nov 9th, 2018
List Price  1,450,000 Bedrooms  0 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1899
MLS#  4706646 Lot Size  0.15 Acres Taxes $23,969
Type  Multi-Family Days on Market  2323 Days Tax Year 2018
Units  18 Stories  3 Road Frontage  
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $54,670 Finished  10,240 Sqft Construction  No, Existing
Zoning   RH Above Grade  9,597 Sqft Seasonal  No
Total Rooms  0 Below Grade  643 Sqft List Date  Jul 13th, 2018
Gross Income  $0 Operating Expenses  $54,670 Net Income  $175,740
Expenses Includes 
ConstructionWood Frame
BasementInterior, Unfinished, Partially Finished
Interior Features
Exterior Features
Exterior  Other Disability Features  
Foundation  Stone House Color  White
Floors  Vinyl Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsFrom Battery Street, take Elmwood Avenue north, property on southern corner of Elmwood Avenue and Peru Street.
Lot Description, City Lot
Garage & Parking  Yes, , , Off Street, Paved
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Radiators Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank Financing  
Cable Co  Comcast/Burlington Telec. Documents  
Electric  Circuit Breaker Tax ID  114-035-15369
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