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    207 South Union Street

    Burlington, VT 05401
    • $3,400,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 4832150
    UPDATED: 72 min ago
    $3,400,000
    • 0
      BEDS
    • 0.66
      ACRES
    • 19
      BATHS
    • 0
      1/2 BATHS
    • 22,589
      SQFT
    • $151
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.

    Description

    Rare large Investor opportunity to acquire a fully occupied turn key complex encompassing 4 adjacent buildings surrounded by parking in the heart of Burlington. This Multi Family portfolio consists of 19 units with 37 bedrooms offering strong current rents with attractive upside potential. Anchored by an exceptional 7-unit brick building on South Union Street with an attached 4-unit addition over 5 garages bays. Also includes an inviting 5-unit on Maple Street plus a separate 3-unit carriage house. Extremely convenient location for residents looking to be near downtown/waterfront, University of Vermont or Champlain College. The 207 South Union Street portfolio offers one of the most desirable locations in Burlington for students or professionals looking for immediate access to all that Burlington has to offer.

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    © Copyright 2020 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 2020-10-25T17:05:32.36.
    www.livingvermont.com/homes/110640220
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    207 South Union Street Burlington, VT 05401

    • Price: $3,400,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 4832150
    0
    Beds
    19
    Baths
    0
    ½ Baths
    0.66
    Acres
    22,589
    SQFT
    $151
    $/SQFT
    1920
    Built
    County:
    Chittenden
    Area:
    Burlington
    Property Description
    Rare large Investor opportunity to acquire a fully occupied turn key complex encompassing 4 adjacent buildings surrounded by parking in the heart of Burlington. This Multi Family portfolio consists of 19 units with 37 bedrooms offering strong current rents with attractive upside potential. Anchored by an exceptional 7-unit brick building on South Union Street with an attached 4-unit addition over 5 garages bays. Also includes an inviting 5-unit on Maple Street plus a separate 3-unit carriage house. Extremely convenient location for residents looking to be near downtown/waterfront, University of Vermont or Champlain College. The 207 South Union Street portfolio offers one of the most desirable locations in Burlington for students or professionals looking for immediate access to all that Burlington has to offer.
    Exterior Features

    Construction Wood Frame Driveway Paved Exterior BrickCedar Exterior Features Porch - CoveredPorch - Enclosed Garage Type2 Under Has Garage Yes Lot Description City Lot Road Frontage Tbd Roads PavedPublic Roof ShingleSlate Style Apartment BuildingMulti-Family

    Interior Features

    Basement Access Type Interior Basement Description FinishedUnfinished Cooling None Flooring Hardwood Foundation BrickStone Has Basement Yes Heating Space Heater Total Heated Units 19 Total Ranges 19 Total Refrigerators 19 Water Heater Owned

    Property Features

    Auction No Construction Status Existing Electric Circuit Breaker(S) Electric Company Burlington Electric Dept. Flood Zone Unknown Fuel Company Vermont Gas Gross Income 338120 Heat Fuel Gas - Natural Possession At ClosingTenant Rights Pre Construction No Seasonal No Sewer Public Tax Gross Amount 61713 Tax Year 2020 Taxes Tbd No Total Electric Meters 23 Total Gas Meters 20 Total1 Bed Units 5 Total2 Bed Units 10 Total3 Plus Bed Units 4 Utilities High Speed Intrnt -Avail Water Public Zoning Rhd

    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.


    © Copyright 2020 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 2020-10-25T17:05:32.36.
     
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    RE/MAX North Professionals
    875 Roosevelt Highway
    Colchester VT, 05446
    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.