Burlington, VT | 214-216 Pine Street

$659,000
MLS#: 5015105
3
# of Units
1,772
Total Sq. Feet
0.04
Acres
$8,892
Taxes
1 of 36

General Property Information

Price:
$659,000
County:
VT-Chittenden
Acres:
0.04
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
Amanda Headley
Ridgeline Real Estate

Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1899
Parking:
Road Frontage:
35
Acres:0.04
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
3
# of Electric Meters:
3
Sq Ft (Above Ground):
1772
Sq Ft (Below Ground):
0
Total Sq Ft:
1772
Land Description:City Lot
Elementary School:
Middle School:
High School:
Burlington High School
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
5
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
576
Floor:
Unit Style:
Flat
Monthly Rent:
1675.00

Unit 2

#Rooms:
5
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
576
Floor:
Unit Style:
Flat
Monthly Rent:
1950.00

Unit 3

#Rooms:
5
#Bedrooms:
5
#Baths:
1
Sq. Ft.:
620
Floor:
Unit Style:
Multi-Level
Monthly Rent:
1538.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-09-19
Last Updated:
2024-09-23 19:13:55

Stowe Office

Debby Burnor

(P) 802.253.9771
(F) 802.253.9993
email

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