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    Courtesy of Mikail Stein of Re/Max North Professionals.

    68 Walnut Street

    Burlington, VT 05401
    • $1,150,000
    • STATUS: Active
    • ON SITE: 208 Days
    • MLS #: 4853256
    UPDATED: 43 min ago
    $1,150,000
    • 11
      BEDS
    • 0.18
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,333
      SQFT
    • $265
      $/SQFT
    Type:
    Multi-Family
    Built:
    1899
    County:
    Area:

    School Ratings & Info

    Description

    This is a unique opportunity to own two buildings on one parcel that have both been beautifully updated. One building is a fantastic duplex zoned for 8 bedrooms but currently operating as two 3 bedroom apartments. The second building is an updated four-plex with four 1 bedroom apartments. A projected CAP rate of 6.81% indicates a strong investment within walking distance of Church Street, and across the street from Roosevelt Park in the ever growing O.N.E. This property is also being sold as part of a portfolio with another multi-family. See MLS #'s: 4853254.

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    © Copyright 2021 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 2021-10-26T07:05:39.007.
    www.livingvermont.com/homes/115627409
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    68 Walnut Street Burlington, VT 05401

    • Price: $1,150,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 4853256
    11
    Beds
    6
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,333
    SQFT
    $265
    $/SQFT
    1899
    Built
    County:
    Chittenden
    Area:
    Burlington
    Property Description
    This is a unique opportunity to own two buildings on one parcel that have both been beautifully updated. One building is a fantastic duplex zoned for 8 bedrooms but currently operating as two 3 bedroom apartments. The second building is an updated four-plex with four 1 bedroom apartments. A projected CAP rate of 6.81% indicates a strong investment within walking distance of Church Street, and across the street from Roosevelt Park in the ever growing O.N.E. This property is also being sold as part of a portfolio with another multi-family. See MLS #'s: 4853254.
    Exterior Features

    Construction Other Driveway Concrete Exterior BrickVinyl Exterior Features BalconyGarden SpacePorchPorch - CoveredStorage Has Garage No Lot Description City LotLevelSidewalks Parking Off StreetParking Spaces 6+ Road Frontage Tbd Roads Public Roof MembraneSlate Style Apartment BuildingMulti-Family

    Interior Features

    Basement Access Type Walkout Basement Description Walkout Cooling None Flooring CarpetLaminate Foundation FieldstoneOther Has Basement Yes Heating BaseboardHot AirHot WaterMonitor Type Unit1 Approx Sq Ft 1225 Unit1 Baths 1 Unit2 Approx Sq Ft 1000 Unit2 Baths 1 Unit3 Approx Sq Ft 527 Unit3 Baths 1 Unit4 Approx Sq Ft 527 Unit4 Baths 1 Unit5 Approx Sq Ft 527 Unit5 Baths 1 Unit6 Approx Sq Ft 527 Unit6 Baths 1 Water Heater Owned

    Property Features

    Construction Status Existing Easements Unknown Electric Circuit Breaker(S) Electric Company Burlington Electric Flood Zone Unknown Fuel Company Vt Gas Gross Income 110400 Heat Fuel Gas - Natural Possession At Closing Pre Construction No Seasonal No Sewer Public Tax Gross Amount 20302.24 Tax Year 2021 Taxes Tbd No Total Gas Meters 6 Total Leases 6 Total1 Bed Units 4 Total2 Bed Units 0 Total3 Plus Bed Units 2 Trash Cans Unit1 Info DryerRefrigeratorStove - Gas HeatWasher Unit1 Rental Amount 1600 Unit1 Tenant Pays ElectricHeatInternet Service Unit2 Info DryerRefrigeratorStove - Gas HeatWasher Unit2 Rental Amount 1600 Unit2 Tenant Pays ElectricHeatInternet Service Unit3 Info Range - ElectricRefrigerator Unit3 Rental Amount 900 Unit3 Tenant Pays ElectricHeatInternet Service Unit4 Info Range - ElectricRefrigerator Unit4 Rental Amount 850 Unit4 Tenant Pays ElectricHeatInternet Service Unit5 Info Range - ElectricRefrigerator Unit5 Rental Amount 950 Unit6 Info Range - ElectricRefrigerator Unit6 Rental Amount 850 Utilities Other Water Public Zoning Res

    Courtesy of Mikail Stein of Re/Max North Professionals.


    © Copyright 2021 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 2021-10-26T07:05:39.007.
     
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    RE/MAX North Professionals
    553 Roosevelt highway suite 200
    Colchester VT, 05446