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Courtesy of Amanda Headley of Ridgeline Real Estate: .

214-216 Pine Street

Burlington, VT 05401
  • $659,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 5015105
UPDATED: 12 min ago
$659,000
  • 6
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,772
    SQFT
  • $372
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

High School:
School District:

Description

Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.

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© 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. Data last updated 2024-12-07T15:06:24.687.
www.livingvermont.com/homes/155454930
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214-216 Pine Street Burlington, VT 05401

  • Price: $659,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 12 min ago
  • MLS #: 5015105
6
Beds
3
Baths
0
½ Baths
0.04
Acres
1,772
SQFT
$372
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
High School:
Burlington High School
School District:
Burlington School District
Property Description
Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.
Exterior Features

Architectural Style Apartment Building Construction Materials Wood FrameVinyl Siding Driveway Gravel Exterior Features Porch Has Garage No Lot Features City Lot Parking Parking Spaces 2 Road Frontage Yes Road Frontage Length 35 Roof Shingle - Asphalt

Interior Features

Basement Access Type Walk-up Basement Description Crawl SpacePartialUnfinished Cooling None Flooring CarpetVinyl Foundation Block Has Basement Yes Heating Natural GasMonitor Type Total Ranges 3 Total Refrigerators 3 Unit1 Approx Sq Ft 576 Unit1 Baths 1 Unit2 Approx Sq Ft 576 Unit2 Baths 1 Unit3 Approx Sq Ft 620 Unit3 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Electric Company Burlington Electric Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company VT Gas Phone Company Burlington FiberComcast Pre Construction No Seasonal No Sewer Public Tax Gross Amount 8891.84 Tax Year 2023 Taxes Tbd No Total Electric Meters 3 Total Gas Meters 3 Total Leases 3 Total1 Bed Units 0 Total2 Bed Units 3 Total3 Plus Bed Units 0 Unit1 Rental Amount 1675 Unit1 Tenant Pays ElectricHeatInternet ServiceLandscapingSnow Removal Unit2 Rental Amount 1950 Unit2 Tenant Pays ElectricHeatInternet ServiceLandscapingSnow Removal Unit3 Rental Amount 1538 Unit3 Tenant Pays ElectricHeatInternet ServiceLandscapingSnow Removal Utilities Other Water Source Public Zoning Res

Courtesy of Amanda Headley of Ridgeline Real Estate: .


© 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. Data last updated 2024-12-07T15:06:24.687.
 
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