Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.
Mls | 5020997 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | (10) Active - Active |
Year | 1992 |
Days On Site | 29 |
Listing Provided By | KW Vermont | Dave Kleh |
Sq Feet | 8,645 |
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Basement | Y |
Storys | 2 |
Units | 10 |
Zoning | Res- Medium Intensity |
Acreage | 0.20 |
State | VT |
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County | Chittenden |
City | Burlington |
Zip Code | 05401 |
School District | Burlington High School |
Elementary School | Assigned |
Middle School | Edmunds Middle School |
High School | Burlington High School |
Listing VS Median (in 05401) | |
Price: $1,950,000 low | high Med: $585,000 SqFt: 8,645 low | high Med: 3,120 $ / SqFt: $226 low | high Med: $188 On Site: 29 low | high Med: 166.000000 |