$ 699,000
-
$699,000
Price -
6
Bed -
4
Bath -
2,766
SqFt
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About the Listing 3152 - 20883
Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a 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. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.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 with stable income and room for growth.Seller is licensed Broker
Listing Highlights
Status
Pending
Days on Site
40
Property Type
Multi-Family
MLS ®
5073153
Year Built
1899
Total Square Footage
2,766
Lot/Acreage
0.15
County
Chittenden
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft: 2766
- Below Ground Sq Ft: n/a
- Basement: Yes,Bulkhead,Concrete Floor
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Res Med density
- Roof: Architectural Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $12,426
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 25
Payment Calculator
Monthly Payment
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Questions About..
290-292 North St Burlington, VT 05401
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