$750,000
Well-Maintained 4-Unit Investment Property in Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential.Recent upgrades include new boilers and hot water tanks installed in… Read More 2023. The building is clean and well-maintained, with coin-operated laundry and tenant storage in the basement.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment opportunity with stable income and room for growth. Read Less
Courtesy of Paul Cannizzaro, Cannizzaro Real Estate 802-862-9700
Listing Snapshot
Days Online
8
Last Updated
Square Ft.
2,766
Lot Size
0.15 Acres
Year Built
1899
MLS Number
5050952
Additional Details
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Walk-up, Basement: Yes, Bulkhead, Concrete Floor
Cooling
None
Floors
Carpet, Vinyl
Garage
Garage: No
Heating
Natural Gas
Income
Gross Income: 70800
Lot
0.15 acres, 6,534 sqft
Parking
Driveway: Paved
Property
Seasonal: No, 2,766 finished sqft above grade, 2,766 total finished sqft, 4,149 total sqft, 1,383 unfinished sqft below grade, 2 one-bedroom units, 2 two-bedroom units, 2 stories, 4 units, Built in 1899
Roof
Architectural Shingle
Sewer
Public
Taxes
Gross Amount: $12,426, Tax Year: 25-26
Unit One
550 sqft, 1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 1500, Rental Amt Freq: Monthly, Rooms: 3, Status: Leased, Style: flat, Appliances Included, Dishwasher, Natural Gas Heat, Porch, Electric Range, Refrigerator, Smoke Detector, Water Heater, Tenant pays: Electric, Heat, Hot Water
Unit Two
550 sqft, 1 bathroom, 1 bedroom, Rental Amount: 1500, Rental Amt Freq: Monthly, Rooms: 3, Status: Leased, Style: flat, Appliances Included, Natural Gas Heat, Porch, Electric Range, Refrigerator, Smoke Detector, Tenant pays: Electric, Heat, Hot Water
Unit Three
900 sqft, 1 bathroom, 2 bedrooms, Rental Amount: 1500, Rental Amt Freq: Monthly, Rooms: 4, Status: Month to Month, Style: flat, Appliances Included, Natural Gas Heat, Porch, Electric Range, Refrigerator, Tenant pays: Electric, Heat, Hot Water
Unit Four
900 sqft, 1 bathroom, 2 bedrooms, Lease Term: Annual, Rental Amount: 1400, Rental Amt Freq: Monthly, Rooms: 4, Status: Month to Month, Style: flat, Appliances Included, Natural Gas Heat, Screened Porch, Electric Range, Refrigerator, Tenant pays: Electric, Heat, Hot Water
Utilities
Electric Company: BED, Separate Utilities: Yes, Total Electric Meters: 5, Total Gas Meters: 4, Circuit Breaker(s), Dumpster
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Mortgage Calculator
Monthly Payment
$0
Brandon Elsemore
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~BrandonPlease Select Date
Please Select Type
Similar Listings
Copyright © PrimeMLS, Inc. All Rights Reserved.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .
Data last updated .
Confirm your time
Fill in your details and we will contact you to confirm a time.
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.