Skip To Content

    123 King Street

    Burlington, VT 05401
    • $1,200,000
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: 4848618
    $1,200,000
    • 5
      BEDS
    • 0.06
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,714
      SQFT
    • $442
      $/SQFT
    Type:
    Multi-Family
    Built:
    1885
    County:
    Area:

    School Ratings & Info

    Courtesy of Rebecca Racine of Kw Vermont.

    Description

    Extremely rare opportunity in Burlington's most updated part of town. While fully functional, the building needs updating and some renovation to realize its full potential of being a higher end rental. This 2 unit, 5 bedroom investment property is just one block from the newly redone City Hall park and right next door to several brand new upscale apartment buildings. Within a 5 minute walk you have access to the boutiques, coffee shops and restaurants on the Church Street Marketplace, you will feel the breeze of Lake Champlain's waterfront park, enjoy the family friendly activities at the Leahy Echo Center and the Flynn Theater. You will have 2 rental units or have a fantastic owner occupied building with enough rent form the second unit to cover much of the monthly expense or rent to a business in this commercially zoned district. Systems are updated including complete re-wiring of the entire electrical system, 2 hot water heaters, heating system running off of Burlington Natural Gas lines, windows and plumbing. You will enjoy the character of, "The Little House" nestled in the heart of the city.

    Monthly Payment Calculator



    © Copyright 2021 New England Real Estate Network, 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 NEREN. 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 2021-05-11T00:05:36.647.
    www.livingvermont.com/homes/114535991
    Print Image

    123 King Street Burlington, VT 05401

    • Price: $1,200,000
    • Status: Active
    • MLS #: 4848618
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,714
    SQFT
    $442
    $/SQFT
    1885
    Built
    County:
    Chittenden
    Area:
    Burlington
    Property Description
    Extremely rare opportunity in Burlington's most updated part of town. While fully functional, the building needs updating and some renovation to realize its full potential of being a higher end rental. This 2 unit, 5 bedroom investment property is just one block from the newly redone City Hall park and right next door to several brand new upscale apartment buildings. Within a 5 minute walk you have access to the boutiques, coffee shops and restaurants on the Church Street Marketplace, you will feel the breeze of Lake Champlain's waterfront park, enjoy the family friendly activities at the Leahy Echo Center and the Flynn Theater. You will have 2 rental units or have a fantastic owner occupied building with enough rent form the second unit to cover much of the monthly expense or rent to a business in this commercially zoned district. Systems are updated including complete re-wiring of the entire electrical system, 2 hot water heaters, heating system running off of Burlington Natural Gas lines, windows and plumbing. You will enjoy the character of, "The Little House" nestled in the heart of the city.
    Exterior Features

    Area Description Business DistrictCommercial ZoningIn TownNear ShoppingNear Public TransportatnNear Hospital Color White Construction Wood Frame Driveway None Exterior Vinyl Siding Has Garage No Lot Description City LotCornerCurbingNeighbor BusinessSidewalks Parking NoneOn StreetPaid Road Frontage Yes Road Frontage Length 42 Roads PavedPublic Roof Slate Style Victorian

    Interior Features

    Basement Access Type Interior Basement Description BulkheadConcrete FloorDirt FloorUnfinished Cooling None Flooring CarpetLaminateVinylWood Foundation Stone Has Basement Yes Heating Hot Water Total Heated Units 1 Total Ranges 2 Total Refrigerators 2 Total Water Heaters 2 Unit1 Approx Sq Ft 925 Unit1 Baths 1 Unit2 Approx Sq Ft 1790 Unit2 Baths 1 Water Heater ElectricOwned

    Property Features

    Auction No Construction Status Existing Electric 200 Amp Flood Zone No Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Varies Sewer Public Tax Gross Amount 7105.52 Tax Year 2020 Taxes Tbd Yes Total Electric Meters 2 Total Gas Meters 1 Total1 Bed Units 0 Total2 Bed Units 1 Total3 Plus Bed Units 1 Unit1 Info Appliances IncludedCO DetectorCooktop - ElectricDeckMicrowaveRange - ElectricRefrigeratorSmoke DetectorStorage Utilities Cable - AvailableFiber Optic Internt AvailGas - UndergroundHigh Speed Intrnt -AvailInternet - CableInternet - Fiber OpticT1 AvailableTelephone AvailablePhone Water Public Zoning ResidentialCommercial

    Courtesy of Rebecca Racine of Kw Vermont.


    © Copyright 2021 New England Real Estate Network, 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 NEREN. 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 2021-05-11T00:05:36.647.
     
    https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4848618-2.jpg
    Logo
    RE/MAX North Professionals
    553 Roosevelt highway suite 200
    Colchester VT, 05446
    Courtesy of Rebecca Racine of Kw Vermont.