71 South Willard Street Burlington, Vermont 05401 MLS# 4880172

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Sold Status

$990,000 Sold Price

Multi Type

6 Beds

6 Baths

3,602 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By BHHS Vermont Realty Group/Burlington
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Burlington

71 South Willard Street

Prime downtown location near Champlain College, UVM, and the hospital! Situated on a corner lot, this beautiful 6-unit brick building offers a mix of studios and 1-bedroom apartments all with tall ceilings and large windows allowing lots of natural light throughout. This well-maintained building features a very cool unfinished attic plus a large basement with high ceiling that includes individual locked storage spaces for each tenant plus shared coin-op laundry. Some off-street parking including a 1-car garage. Tenants pay their own heat and electric, strong upside on rents. Situated between UVM Campus and downtown and just a block from the new YMCA!

Property Location

71 South Willard Street Burlington

Property Details

Sold Price  $990,000 Sold Date  Nov 15th, 2021
List Price  1,025,000 Bedrooms  6 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1899
MLS#  4880172 Lot Size  0.11 Acres Taxes $15,863
Type  Multi-Family Days on Market  1179 Days Tax Year 2021
Units  6 Stories  1/2/1900 Road Frontage  139
Annual Income  $75,180 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,602 Sqft Construction  No, Existing
Zoning   RH Above Grade  3,602 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Aug 30th, 2021
Gross Income  $75,180 Operating Expenses  $0 Net Income  $47,892
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $825/Monthly Unit 2   1 Beds, 1 Baths, $850/Monthly
Unit 3   1 Beds, 1 Baths, $1,415/Monthly Unit 4   1 Beds, 1 Baths, $975/Monthly
Unit 5   1 Beds, 1 Baths, $950/Monthly Unit 6   1 Beds, 1 Baths, $1,250/Monthly
ConstructionWood Frame
BasementWalk-up, Concrete Floor
Interior Features
Exterior Features
Exterior  Brick Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Slate HERS Index  
DirectionsLandmark Brick building on corner of Bradley Street and South Willard Street.
Lot Description, City Lot
Garage & Parking  Yes, ,
Road Frontage  139 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  NA Middle  
Elementary   High  
Heat Fuel  , Electric Excluded  
Heating/Cool  None, Electric Negotiable  
Sewer  Public Sewer On-Site Parcel Access ROW  
Water  Public Water - On-Site ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-16234
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