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72-78 Lafountain Street

Burlington, VT 05401
  • $950,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 4882888
UPDATED: 209 min ago
$950,000
  • 7
    BEDS
  • 0.29
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,974
    SQFT
  • $239
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Ratings & Info

School District:

Description

Attention Investors: This well-maintained 6-unit property in a prime Old North End location is worth a look! This building has had a ton of upgrades, including kitchen updates with granite countertops, gas ranges, and stainless appliances. The exterior was fully repainted in 2017, and the slate roof has been regularly maintained. These bright units feature tin ceilings, wood and tile floors, and well-preserved historic character, plus each unit has access to a covered porch or balcony. Added bonuses such as plenty of off-street parking, and coin-op laundry in the basement make these highly desirable rentals. This location is minutes from Downtown Burlington & Winooski as well as the colleges and hospital. The great location & unique character along with a strong rental history and financials make this an excellent investment opportunity.

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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 2021-10-18T00:05:25.723.
www.livingvermont.com/homes/121490145
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72-78 Lafountain Street Burlington, VT 05401

  • Price: $950,000
  • Status: Active
  • Updated: 209 min ago
  • MLS #: 4882888
7
Beds
6
Baths
0
½ Baths
0.29
Acres
3,974
SQFT
$239
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
School District:
Burlington School District
Property Description
Attention Investors: This well-maintained 6-unit property in a prime Old North End location is worth a look! This building has had a ton of upgrades, including kitchen updates with granite countertops, gas ranges, and stainless appliances. The exterior was fully repainted in 2017, and the slate roof has been regularly maintained. These bright units feature tin ceilings, wood and tile floors, and well-preserved historic character, plus each unit has access to a covered porch or balcony. Added bonuses such as plenty of off-street parking, and coin-op laundry in the basement make these highly desirable rentals. This location is minutes from Downtown Burlington & Winooski as well as the colleges and hospital. The great location & unique character along with a strong rental history and financials make this an excellent investment opportunity.
Exterior Features

Area Description In TownNear ShoppingNear Public TransportatnNear Hospital Color Blue Construction Wood Frame Driveway Gravel Exterior Board And Batten Exterior Features BalconyFence - PartialPorch - Covered Has Garage No Lot Description City LotCurbingSidewalksStreet Lights Parking Off StreetParking Spaces 6+ Road Frontage Yes Road Frontage Length 85 Roads PavedPublic Roof Slate Style Historic VintageMulti-Family

Interior Features

Basement Access Type Walk-Up Basement Description Concrete FloorDirt FloorUnfinished Cooling None Flooring BambooTileWood Foundation Stone Has Basement Yes Heating Direct Vent Total Heated Units 6 Total Ranges 6 Total Refrigerators 6 Total Water Heaters 6 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Water Heater Gas

Property Features

Auction No Construction Status Existing Electric Circuit Breaker(S) Electric Company Burlington Electric Flood Zone Unknown Fuel Company Vermont Gas Gross Income 100440 Heat Fuel Gas - Natural Possession At Closing Pre Construction No Seasonal No Separate Utilities Varies Sewer Public Tax Gross Amount 15752.52 Tax Year 2021 Taxes Tbd No Total Electric Meters 6 Total Gas Meters 6 Total Leases 6 Total1 Bed Units 5 Total2 Bed Units 1 Total3 Plus Bed Units 0 Unit1 Rental Amount 1550 Unit2 Rental Amount 1625 Unit3 Rental Amount 1043 Unit4 Rental Amount 1372 Unit5 Rental Amount 1200 Unit6 Rental Amount 1430 Utilities Cable - AvailableHigh Speed Intrnt -AvailTelephone Available Water Public Zoning Residential - Med Density

Courtesy of Jessica Bridge of Element Real Estate.


© 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 2021-10-18T00:05:25.723.
 
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