7-11 Fletcher Place , Burlington, VT 05401
Burlington, VT 05401
Description
Location, location, location! Fantastic two-building, 5-unit investment property in close proximity to UVM, UVM Medical Center, and downtown Burlington! 7 Fletcher Place, the largest of the two buildings, houses 3 of the rental units. Off the front porch, access unit 1 on the first floor, comprised of 2 bedrooms, an updated ¾ bathroom, and open-concept living/dining/kitchen area. Upstairs, unit 2 is a 2 bed, 1 bath, offering a bright kitchen/dining room with granite countertops and stainless appliances, welcoming living space, and 2 bonus spaces. The 1 bed, 1 bath 3rd unit of this building has a private entrance at the rear and offers a convenient mudroom area, open-concept living/dining/kitchen. The basement of 7 Fletcher has 2 washers and dryers, currently free for all tenants, and storage space. On the same lot, 11 Fletcher Place sits next door and is comprised of 2 additional rental units, both beautifully renovated with separate utilities, including mini spits! The 1 bed, ¾ bath upper unit includes a bright living room and fantastic eat-in kitchen with stainless appliances. The lower studio unit features a bright kitchen with granite countertops and ¾ bathroom with marble countertops. Tenants pay all utilities- see utility information document for more details. Fully rented out, this low-maintenance property with a desirable 6.59% cap rate is a must-see for investors!
Details
| Mls | 5021247 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | (10) Active - Active |
| Year | 1900 |
| Days On Site | 35 |
| Listing Provided By | Polli Properties | Elise Polli |
Features
| Sq Feet | 3,710 |
|---|---|
| Basement | Y |
| Storys | 2 |
| Units | 5 |
| Zoning | Res-Medium Intensity |
| Acreage | 0.08 |
Market Activity 05401
_20230518140439.png){kind=small}
Copyright 2024 PrimeMLS. 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.
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Chittenden |
| City | Burlington |
| Zip Code | 05401 |
| School District | Burlington High School |
| Elementary School | Choice |
| Middle School | Edmunds Middle School |
| High School | Burlington High School |
| Listing VS Median (in 05401) | |
Price: $1,050,000 low | high Med: $589,000 SqFt: 3,710 low | high Med: 3,548 $ / SqFt: $283 low | high Med: $166 On Site: 35 low | high Med: 7.000000 | |