81-89 Chase Street Burlington, Vermont 05401 MLS# 4706268

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Sold Status

$735,000 Sold Price

Multi Type

8 Beds

6 Baths

4,325 Sqft

Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By Four Seasons Sotheby's Int'l Realty
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Burlington

81-89 Chase Street

Perched above Winooski on the Burlington side of the river, this 2 building, 6 unit property is perfect to jump start your investment in Burlington real estate. In these desirable apartments, tenants enjoy hardwood floors, off-street parking, and the relaxing shade of the covered porches. These well maintained units are fully rented, close to colleges, hospital, and a stone's throw from vibrant Winooski Circle.

Property Location

81-89 Chase Street Burlington

Property Details

Sold Price  $735,000 Sold Date  Oct 1st, 2018
List Price  749,500 Bedrooms  8 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1899
MLS#  4706268 Lot Size  0.24 Acres Taxes $13,853
Type  Multi-Family Days on Market  2324 Days Tax Year 2018
Units  6 Stories  2 Road Frontage  
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $27,884 Finished  4,325 Sqft Construction  No, Existing
Zoning   RL Above Grade  4,325 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Jul 12th, 2018
Gross Income  $0 Operating Expenses  $27,884 Net Income  $87,000
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,135/Mo Unit 2   1 Beds, 1 Baths, $1,135/Mo
Unit 3   1 Beds, 1 Baths, $1,120/Mo Unit 4   1 Beds, 1 Baths, $1,135/Mo
Unit 5   2 Beds, 1 Baths, $0/Mo Unit 6   2 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  Grey
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Slate, Metal HERS Index  
DirectionsFrom Burlington, come down the hill on Colchester Avenue, right on Chase Street. 81-89 is at the end on the corner with Grove Street. Parking available on Chase Street.
Lot DescriptionYes, City Lot
Garage & Parking  Yes, , , 6+ Parking Spaces, Off Street
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  RL
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank Financing  
Cable Co  Comcast; BTC Documents  
Electric  Circuit Breaker Tax ID  114-035-14199
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