Description
Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.
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6BEDS
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0.06ACRES
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2BATHS
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01/2 BATHS
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2,005SQFT
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$299$/SQFT
School Information
Description
Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.
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Courtesy of Tanner Faucett of Element Real Estate: .