79 Spruce Burlington, Vermont 05401 MLS# 4514717

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Sold Status

$483,000 Sold Price

Multi Type

7 Beds

4 Baths

2,601 Sqft

Listed By Brian Armstrong of KW Vermont
Sold By BHHS Vermont Realty Group/Burlington
✉ 🖶

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79 Spruce

Great Opportunity! Multifamily investment property with proven rental history located in the coveted Burlington's Hill Section. Minutes from the Burlington water front, area colleges, universities and UVM Medical Center hospital. With many recent improvements this property would be an excellent addition to any investor or owner's portfolio! †

Property Location

79 Spruce Burlington

Property Details

Sold Price  $483,000 Sold Date  Nov 27th, 2017
List Price  515,000 Bedrooms  7 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1885
MLS#  4514717 Lot Size  0.14 Acres Taxes $9,513
Type  Multi-Family Days on Market  2995 Days Tax Year 2015
Units  3 Stories  2 Road Frontage  75
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $30,424 Finished  2,601 Sqft Construction  No, Existing
Zoning   Medium Density Above Grade  2,601 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Sep 9th, 2016
Gross Income  $0 Operating Expenses  $30,424 Net Income  $55,320
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 600 SqFt, $1,126/Mo Unit 2   3 Beds, 1 Baths, $1,800/Mo
Unit 3   3 Beds, 2 Baths, 1,520 SqFt, $1,684/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior  Wood, Vinyl Disability Features  
Foundation  Concrete, Stone House Color  Yellow
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Architectural, Rolled HERS Index  
DirectionsMain St to S. Winooski, S on S. Winooski left onto Spruce, House on Right.
Lot Description, City Lot
Garage & Parking  No, , , None
Road Frontage  75 Water Access  
Driveway  Paved, Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Medium Density
School District  NA Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  
Heat Fuel   Excluded  
Heating/Cool  Individual, Individual, Vented Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Electric, Gas-Natural Financing  
Cable Co  BTC, Comcast Documents  Certificate CC/CO, Deed, Property Disclosure, Lease Agreements
Electric  100 Amp, Circuit Breaker, 220 Plug Tax ID  114-035-17617
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† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont 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.