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    61 Elmwood Avenue

    Burlington, VT 05401
    • $2,225,000
    • STATUS: Active
    • ON SITE: 146 days
    • MLS #: 4794433
    UPDATED: 70 min ago
    $2,225,000
    • 8
      BEDS
    • 0.3
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 7,296
      SQFT
    • $305
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Courtesy of Kara Koptiuch of Vermont Real Estate Company.

    Description

    Excellent investment opportunity in one of Burlingtons most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. Complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property has already been condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.

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    © Copyright 2020 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 2020-07-14T09:06:52.103.
    www.livingvermont.com/homes/103328583
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    61 Elmwood Avenue Burlington, VT 05401

    • Price: $2,225,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 4794433
    8
    Beds
    16
    Baths
    0
    ½ Baths
    0.3
    Acres
    7,296
    SQFT
    $305
    $/SQFT
    1920
    Built
    County:
    Chittenden
    Area:
    Burlington
    Property Description
    Excellent investment opportunity in one of Burlingtons most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. Complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property has already been condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.
    Exterior Features

    Color White Construction Wood Frame Driveway Paved Exterior BrickVinyl SidingWood Siding Has Garage No Lot Description City Lot Parking Off Street Road Frontage Yes Road Frontage Length 75 Roads Public Roof MembraneStanding Seam Style ColonialMulti-Family

    Interior Features

    Basement Access Type Walk-Up Basement Description Exterior Access Cooling None Flooring HardwoodTile Foundation Stone Has Basement Yes Heating BaseboardElectricGas Heater Total Ranges 16 Total Refrigerators 16 Total Water Heaters 3 Unit1 Approx Sq Ft 672 Unit1 Baths 1 Unit2 Approx Sq Ft 672 Unit2 Baths 1 Unit3 Approx Sq Ft 672 Unit3 Baths 1 Unit4 Approx Sq Ft 672 Unit4 Baths 1 Unit5 Approx Sq Ft 384 Unit5 Baths 1 Unit6 Approx Sq Ft 384 Unit6 Baths 1 Unit7 Approx Sq Ft 384 Unit7 Baths 1 Unit8 Approx Sq Ft 384 Unit8 Baths 1 Water Heater Owned

    Property Features

    Auction No Construction Status Existing Electric Circuit Breaker(S) Electric Company Bed Flood Zone Unknown Fuel Company Vermont Gas Gross Income 168920 Heat Fuel ElectricGas - Natural Possession At ClosingTenant Rights Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 34396.96 Tax Year 2019 Taxes Tbd No Total Electric Meters 16 Total1 Bed Units 16 Total2 Bed Units 0 Total3 Plus Bed Units 0 Unit1 Rental Amount 910 Unit1 Tenant Pays ElectricHeat Unit2 Rental Amount 950 Unit2 Tenant Pays ElectricHeat Unit3 Rental Amount 945 Unit3 Tenant Pays ElectricHeat Unit4 Rental Amount 950 Unit4 Tenant Pays ElectricHeat Unit5 Rental Amount 850 Unit5 Tenant Pays ElectricHeat Unit6 Rental Amount 830 Unit6 Tenant Pays ElectricHeat Unit7 Rental Amount 850 Unit7 Tenant Pays ElectricHeat Unit8 Rental Amount 850 Utilities Internet - Cable Water Public Zoning Residential-High Density

    Courtesy of Kara Koptiuch of Vermont Real Estate Company.


    © Copyright 2020 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 2020-07-14T09:06:52.103.
     
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    RE/MAX North Professionals
    875 Roosevelt Highway
    Colchester VT, 05446
    Courtesy of Kara Koptiuch of Vermont Real Estate Company.