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Courtesy of Dave Kleh of KW Vermont: .

58-62 North Union Street

Burlington, VT 05401
  • $1,895,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 5020997
Price Reduced
UPDATED: 47 min ago
$1,895,000
  • 11
    BEDS
  • 0.2
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,008
    SQFT
  • $315
    $/SQFT
Type:
Multi-Family
Built:
1992
County:
Area:

School Information

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

Description

Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.

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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 2024-12-07T14:06:56.2.
www.livingvermont.com/homes/157505001
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58-62 North Union Street Burlington, VT 05401

  • Price: $1,895,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 47 min ago
  • MLS #: 5020997
11
Beds
8
Baths
0
½ Baths
0.2
Acres
6,008
SQFT
$315
$/SQFT
1992
Built
County:
Chittenden
Area:
Burlington
Elementary School:
Assigned
Middle School:
Edmunds Middle School
High School:
Burlington High School
School District:
Burlington School District
Property Description
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.
Exterior Features

Architectural Style Multi-Family Color Cream Construction Materials Wood FrameVinyl Exterior Driveway Paved Has Garage No Lot Features City LotLandscapedSidewalksIn TownNear ShoppingNear Public TransportatnNear Hospital Parking Parking Spaces 5 - 10 Road Frontage Yes Road Frontage Length 87 Roof ShingleSlate Water Body Access YN No Water View YN No Waterfront Property No

Interior Features

Basement Access Type Interior Basement Description FullStairs - Interior Cooling Wall AC Units Foundation Stone Has Basement Yes Heating Natural GasBaseboardHot Air Total Refrigerators 18 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1

Property Features

Cable Company Burlington Telecom Construction Status Existing Electric 220 PlugCircuit Breaker(s) Electric Company Burlington Electric Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company VT Gas Gross Income 189300 Pre Construction No Road Frontage Type PavedPublic Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 33549.96 Tax Year 2024 Taxes Tbd No Total Electric Meters 12 Total1 Bed Units 8 Total2 Bed Units 1 Total3 Plus Bed Units 1 Trash Dumpster Unit1 Rental Amount 2300 Unit1 Tenant Pays All Utilities Unit2 Rental Amount 1875 Unit3 Rental Amount 1400 Unit4 Rental Amount 1400 Unit5 Rental Amount 1400 Unit6 Rental Amount 1600 Unit7 Rental Amount 1500 Unit8 Rental Amount 1300 Utilities Cable Water Source Public Zoning Res- Medium Intensity

Courtesy of Dave Kleh of KW Vermont: .


© 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 2024-12-07T14:06:56.2.
 
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