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Less than 3 blocks from the top of Church Street, this Triplex is well located! Burlington is home to the best restaurants, shopping, employment opportunities and colleges. Tenants are drawn to this downtown location with ample parking and unsurpassed convenience. The property offers a 4 Bedroom, 2, Bedroom, and 1 Bedroom apartment, plus a LARGE 2 story garage with phenomenal storage and workshop space. Whether it’s your first income property or an addition to your portfolio, this Multi Family property is the perfect chance to invest in the heart of downtown Burlington.
Property Location
86-88 Grant Street Burlington
Property Details
Sold Price $535,000
Sold Date Aug 19th, 2019
List Price 535,000
Bedrooms 7
Garage Size 2 Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1910
MLS# 4760294
Lot Size 0.18 Acres
Taxes $10,235
Type Multi-Family
Days on Market 1980 Days
Tax Year 2018
Units 3
Stories 2
Road Frontage
Annual Income $63,900
Style Multi-Family
Water Frontage
Annual Expenses $19,549
Finished 2,720 Sqft
Construction No, Existing
Zoning RM
Above Grade 2,720 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Jun 21st, 2019
Gross Income $63,900
Operating Expenses $19,549
Net Income $44,351
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,375/Monthly
Unit 2 1 Beds, 1 Baths, $1,000/Monthly
Unit 3 4 Beds, 1 Baths, $2,700/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Stone
House Color White
Floors Vinyl, Carpet, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom Pearl Street, head North on North Union (one-way) and then turn left on Grant Street. Property is on the right.
Lot Description, City Lot
Garage & Parking Yes, Storage Above, , Off Street, Garage
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