Burlington, VT | 39-41 King Street

$829,000
MLS#: 5000890
4
# of Units
3,844
Total Sq. Feet
0.11
Acres
$16,120
Taxes
1 of 32

General Property Information

Price:
$829,000
County:
VT-Chittenden
Acres:
0.11
Property Type:
Multi-Family
Property Status:
Under Contract
# of Units:
4
Agency/Brokerage:
Nancy Warren
Coldwell Banker Hickok and Boardman

Welcome to your new investment opportunity! This multi-family 4-unit building presents a lucrative prospect for both investors and residents alike. Situated near the tranquil waterfront, residents can enjoy the serene beauty of nature while still being within arm's reach of urban conveniences. Each unit within this property offers its own unique appeal, with ample space and privacy for comfortable living. However, the real potential lies in the opportunity for upgrades. Imagine the possibilities once several of the units are renovated to modern standards, attracting higher rents and increasing overall property value. But that's not all, one of the units has already undergone a transformation. The 2-bedroom first floor unit boasts a fresh rehab, featuring contemporary finishes and new appliances. In a region where parking can be a challenge, this property stands out with its rare offering of 4 designated parking spaces. Residents can rest assured knowing they have a secure spot waiting for them right at home. Convenience is key, and this property delivers. With amenities such as shops, restaurants, and recreational facilities just a stone's throw away, residents can enjoy the best of both worlds – the tranquility of being within minutes to the waterfront combined with the ease of access to everyday essentials.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1899
Parking:
Road Frontage:
144
Acres:0.11
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
3844
Sq Ft (Below Ground):
0
Total Sq Ft:
3844
Land Description:Corner,Curbing,Street Lights
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
flat
Monthly Rent:
1800.00

Unit 2

#Rooms:
6
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Flat
Monthly Rent:
1600.00

Unit 3

#Rooms:
5
#Bedrooms:
5
#Baths:
1
Sq. Ft.:
0
Floor:
2
Unit Style:
Flat
Monthly Rent:
1600.00

Unit 4

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
3
Unit Style:
Flat
Monthly Rent:
800.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-06-17
Last Updated:
2024-07-02 18:19:14

Stowe Office

Rick Carrick

(P) 802.253.9771
(F) 802.253.9993
email

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