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Courtesy of Flex Realty Group of Flex Realty: .

51 Intervale Avenue

Burlington, VT 05401
  • $659,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 4974743
UPDATED: 42 min ago
$659,000
  • 7
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,591
    SQFT
  • $254
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!

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© Copyright 2023 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 2023-12-10T08:06:29.093.
www.livingvermont.com/homes/144516099
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51 Intervale Avenue Burlington, VT 05401

  • Price: $659,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 42 min ago
  • MLS #: 4974743
7
Beds
3
Baths
0
½ Baths
0.09
Acres
2,591
SQFT
$254
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
Elementary School:
Integrated Arts Academy
Middle School:
Edmunds Middle School
High School:
Burlington High School
School District:
Burlington School District
Property Description
Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!
Exterior Features

Area Description In TownNear ShoppingNear Public TransportatnNear Hospital Color Tan Construction Wood Frame Driveway Crushed StoneGravel Exterior Aluminum Exterior Features Fence - PartialNatural ShadePorch - Covered Has Garage No Lot Description City LotCurbingLevelSidewalks Parking DrivewayOff StreetOn StreetParking Spaces 3 Road Frontage TBD Roads PavedPublic Roof Slate Style Multi-Family

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Flooring CarpetLaminateVinylVinyl Plank Foundation ConcreteStone Has Basement Yes Heating Direct VentForced AirHot AirMonitor Type Total Heated Units 3 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 3 Unit1 Approx Sq Ft 942 Unit1 Baths 1 Unit2 Approx Sq Ft 942 Unit2 Baths 1 Unit3 Approx Sq Ft 707 Unit3 Baths 1 Water Heater Gas - NaturalSeparate

Property Features

Cable Company Xfinity Construction Status Existing Electric Circuit Breaker(s) Electric Company Burlington Electric Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company VT Gas Gross Income 55200 Heat Fuel Gas - Natural Phone Company Xfinity Pre Construction No Seasonal No Separate Utilities Yes Sewer MeteredPublic Tax Gross Amount 11741.8 Tax Year 2023 Taxes Tbd No Total Electric Meters 4 Total Gas Meters 3 Total Leases 3 Total1 Bed Units 1 Total2 Bed Units 0 Total3 Plus Bed Units 2 Trash CansCurbsideOwnerRecycle Unit1 Info CO DetectorDryerLaundry HookupPorchRange - ElectricRefrigeratorSmoke DetectorWasher Unit1 Rental Amount 1650 Unit1 Tenant Pays ElectricHeatHot WaterWater Unit2 Info CO DetectorPorchRange - GasRefrigeratorSmoke Detector Unit2 Rental Amount 1650 Unit2 Tenant Pays ElectricHeatHot WaterWater Unit3 Info CO DetectorPorchRange - GasRefrigeratorSmoke Detector Unit3 Rental Amount 1300 Unit3 Tenant Pays ElectricHeatHot WaterWater Utilities Gas - UndergroundHigh Speed Intrnt -Avail Water MeteredPublic Zoning Residential - MD

Courtesy of Flex Realty Group of Flex Realty: .


© Copyright 2023 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 2023-12-10T08:06:29.093.
 
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