71-73 Elmwood Avenue Burlington, Vermont 05401 MLS# 4801559

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Sold Status

$1,949,000 Sold Price

Multi Type

0 Beds

0 Baths

10,240 Sqft

Listed By Don Marcelino of The Marcelino Team
Sold By Vermont Real Estate Company
✉ 🖶

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71-73 Elmwood Avenue

Rare opportunity to purchase a well maintained two building 18 apartment rental unit in downtown Burlington close to lake, shopping, colleges, and hospital. If you're looking for an investment property, don't miss this, as the building has been fully insulated by VT Gas in 2019 along with a long list of other recent improvements. †

Property Location

71-73 Elmwood Avenue Burlington

Property Details

Sold Price  $1,949,000 Sold Date  Oct 21st, 2021
List Price  1,949,000 Bedrooms  0 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1899
MLS#  4801559 Lot Size  0.15 Acres Taxes $26,242
Type  Multi-Family Days on Market  1679 Days Tax Year 2020
Units  18 Stories  3 Road Frontage  
Annual Income  $212,220 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  10,240 Sqft Construction  No, Existing
Zoning   Residential-high density Above Grade  9,597 Sqft Seasonal  No
Total Rooms  0 Below Grade  643 Sqft List Date  Apr 17th, 2020
Gross Income  $212,220 Operating Expenses  $0 Net Income  $152,695
Expenses Includes 
ConstructionWood Frame
BasementInterior, Partially Finished
Interior Features
Exterior Features
Exterior  Other Disability Features  
Foundation  Brick, Stone House Color  White
Floors  Vinyl Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Pearl St. take Elmwood Ave north, property will be on left on corner of Peru St.
Lot DescriptionUnknown, Corner, City Lot, Near Bus/Shuttle, Near Hospital
Garage & Parking  Yes, , , Off Street, Off Street
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential-high density
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Steam, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Owned, Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15369
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† The remarks published on this webpage originate from Listed By Don Marcelino of The Marcelino Team via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.