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Recently renovated 4 unit located 2 blocks to Church Street. Current rents are well below market. Opportunity for 10% cap rate within 1 year. All windows replaced with thermapane low-e windows. All kitchen appliances upgraded. Interior recently painted. Turn key investment. †
Property Location
71-73 Peru ST Burlington
Property Details
Sold Price $305,000
Sold Date Oct 6th, 2008
List Price 319,900
Bedrooms 6
Garage Size 2 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1920
MLS# 3053685
Lot Size 0.1 Acres
Taxes $6,505
Type Multi-Family
Days on Market 6057 Days
Tax Year 2008
Units 4
Stories 2
Road Frontage 55
Annual Income $0
Style
Water Frontage
Annual Expenses $9,000
Finished 2,827 Sqft
Construction
Zoning RH
Above Grade 2,827 Sqft
Seasonal
Total Rooms 6
Below Grade 0 Sqft
List Date Apr 22nd, 2008
Gross Income $0
Operating Expenses $9,000
Net Income $32,100
Expenses Includes
Unit 1 1 Beds, 1 Baths, 600 SqFt, $625/Mo
Unit 2 2 Beds, 1 Baths, 750 SqFt, $750/Mo
Unit 3 1 Beds, 1 Baths, 600 SqFt, $650/Mo
Unit 4 2 Beds, 1 Baths, 725 SqFt, $650/Mo
Construction
Basement, Full
Interior Features
Exterior Features
Exterior Clapboard
Disability Features
Foundation
House Color Yellow
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsSouth on Elmwood Avenue turn right on Peru Street. Building on left.
Lot Description, Other
Garage & Parking Yes, , , On Street, On Site
Road Frontage 55
Water Access
Driveway Other
Water Type
Flood Zone
Water Body
Zoning RH
School District NA
Middle Edmunds Middle School
Elementary Sustainability Academy
High Burlington High School
Heat Fuel
Excluded
Heating/Cool Individual, Baseboard, Individual, Hot Water
Negotiable
Sewer Public
Parcel Access ROW No
Water Public
ROW for Other Parcel No
Water Heater Gas-Natural
Financing , Conventional, FHA
Cable Co Comcast
Documents Lease Agreements
Electric
Tax ID
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† The remarks published on this webpage originate from Listed By Robert Foley of Flat Fee Real Estate 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.