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Courtesy of Nancy Warren of Four Seasons Sotheby's Int'l Realty.

39-41 King Street

Burlington, VT 05401
  • $900,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: 4917892
UPDATED: 37 min ago
$900,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,884
    SQFT
  • $232
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Ratings & Info

Description

Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor.

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© Copyright 2022 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 2022-10-05T11:07:09.057.
www.livingvermont.com/homes/130339737
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39-41 King Street Burlington, VT 05401

  • Price: $900,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 37 min ago
  • MLS #: 4917892
9
Beds
0
Baths
0
½ Baths
0.11
Acres
3,884
SQFT
$232
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
Property Description
Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor.
Exterior Features

Construction Wood Frame Driveway Paved Exterior Wood Siding Has Garage No Lot Description CornerCurbingStreet Lights Road Frontage Yes Road Frontage Length 144 Roads Public Roof MembraneMetalShingle - AsphaltSlate Style Apartment Building

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation Axle Has Basement Yes Heating Gas Heater Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Water Heater Domestic

Property Features

Construction Status Existing Electric 220 Volt Flood Zone Unknown Foreclosed / Bank Owned / REO No Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 14079.36 Tax Year 2022 Taxes Tbd No Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 2 Unit1 Rental Amount 800 Unit2 Rental Amount 1800 Unit2 Tenant Pays ElectricHeatHot Water Unit3 Rental Amount 1100 Unit3 Tenant Pays ElectricHeatWater Unit4 Rental Amount 1400 Utilities Cable - AvailableGas - On-SiteHigh Speed Intrnt -Avail Water Public Zoning Res - Multifamily

Courtesy of Nancy Warren of Four Seasons Sotheby's Int'l Realty: [IDXCONTACTINFORMATION].


© Copyright 2022 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 2022-10-05T11:07:09.057.
 
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