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Courtesy of Geri Reilly of Geri Reilly Real Estate.

81-83 Walnut Street

Burlington, VT 05401
  • $375,000
  • STATUS: Active Under Contract
  • ON SITE: 60 Days
  • MLS #: 4933076
Under Contract
UPDATED: 69 min ago
$375,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,275
    SQFT
  • $294
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Looking for your next investment opportunity? This duplex in Burlington's Old North End is the one for you! Across from Roosevelt Park and a short distance to the bike path and various restaurants (May Day, Taco Gordo, Caf Mamajuana) in the area make this a great location. In the back you will find an abundance of parking, a small yard, and a detached 2 car garage made into two separate rental storage spaces with additional income of $220 monthly. The first floor unit has two bedrooms, full bathroom, kitchen/dining room and living room. This unit also has access from inside to the basement that provides a lot of storage. Upstairs is the one-bedroom unit with full bathroom/laundry area, bedroom and kitchen/living area. Each level has its own porch/deck giving each unit a great outdoor space. Improvements have been made over the years making the property more energy efficient. The low maintenance at this property makes it the perfect property for an investor just starting out or someone looking to add to their portfolio. both units are leased until 6/1/23, perfect owner occupied in either unit, once lease is up.

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© Copyright 2022 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 2022-12-10T00:06:03.557.
www.livingvermont.com/homes/133812086
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81-83 Walnut Street Burlington, VT 05401

  • Price: $375,000
  • Status: Active Under Contract
  • On Site: 60 Days
  • Updated: 69 min ago
  • MLS #: 4933076
3
Beds
2
Baths
0
½ Baths
0.13
Acres
1,275
SQFT
$294
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
Elementary School:
Choice
Middle School:
Edmunds Middle School
High School:
Burlington High School
Property Description
Looking for your next investment opportunity? This duplex in Burlington's Old North End is the one for you! Across from Roosevelt Park and a short distance to the bike path and various restaurants (May Day, Taco Gordo, Caf Mamajuana) in the area make this a great location. In the back you will find an abundance of parking, a small yard, and a detached 2 car garage made into two separate rental storage spaces with additional income of $220 monthly. The first floor unit has two bedrooms, full bathroom, kitchen/dining room and living room. This unit also has access from inside to the basement that provides a lot of storage. Upstairs is the one-bedroom unit with full bathroom/laundry area, bedroom and kitchen/living area. Each level has its own porch/deck giving each unit a great outdoor space. Improvements have been made over the years making the property more energy efficient. The low maintenance at this property makes it the perfect property for an investor just starting out or someone looking to add to their portfolio. both units are leased until 6/1/23, perfect owner occupied in either unit, once lease is up.
Exterior Features

Color White Construction Wood Frame Driveway Common/Shared Exterior AluminumWood Exterior Features Porch - CoveredPorch - Enclosed Garage Description AssignedDirect EntryLeased Garage Type2 Detached Has Garage Yes Lot Description City LotLevel Parking On-Site Road Frontage Yes Road Frontage Length 33 Roads Public Roof MembraneShingle - Asphalt Style DuplexMulti-Family

Interior Features

Basement Access Type Interior Basement Description Stairs - ExteriorStairs - InteriorUnfinishedInterior AccessExterior AccessStairs - Basement Cooling None Flooring CarpetLaminate Foundation ConcreteStone Has Basement Yes Heating BaseboardHot WaterMonitor Type Total Heated Units 2 Total Ranges 2 Total Refrigerators 2 Total Water Heaters 2 Unit1 Approx Sq Ft 795 Unit1 Baths 1 Unit2 Approx Sq Ft 480 Unit2 Baths 1 Water Heater Gas - NaturalOwned

Property Features

Cable Company Comcast/Burl. Telecom Construction Status Existing Electric Circuit Breaker(S) Electric Company Burlington Electric Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Vgs Gross Income 36360 Heat Fuel Gas - Natural Planned Urban Developmt No Possession Leases Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 8192.64 Tax Year 2022 Taxes Tbd No Total Electric Meters 2 Total Gas Meters 2 Total Leases 2 Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 0 Trash Owner Unit1 Info Appliances IncludedHeat - Natural GasHot WaterLaundry Hookup Unit1 Rental Amount 1560 Unit1 Tenant Pays ElectricHeatHot WaterInternet Service Unit2 Info Appliances IncludedHeat - Natural GasHot Water Unit2 Rental Amount 1250 Unit2 Tenant Pays ElectricHeatHot WaterInternet Service Utilities Internet - Cable Water Public Zoning Residential Med. Density

Courtesy of Geri Reilly of Geri Reilly Real Estate: [IDXCONTACTINFORMATION].


© Copyright 2022 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 2022-12-10T00:06:03.557.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446