Burlington, VT | 58-62 North Union Street

$1,950,000
MLS#: 5020997
10
# of Units
6,008
Total Sq. Feet
0.20
Acres
$33,550
Taxes
1 of 11

General Property Information

Price:
$1,950,000
County:
VT-Chittenden
Acres:
0.20
Property Type:
Multi-Family
Property Status:
Active
# of Units:
10
Agency/Brokerage:
Dave Kleh
KW Vermont

Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown!

Features

Property Type:
Multi-Family
# of Units:10
Subdivision Name:
Year Built:
1992
Parking:
Road Frontage:
87
Acres:0.20
Gross Income:
189,300
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
12
Sq Ft (Above Ground):
6008
Sq Ft (Below Ground):
0
Total Sq Ft:
6008
Land Description:City Lot,Landscaped,Sidewalks
Elementary School:
Assigned
Middle School:
Edmunds Middle School
High School:
Burlington High School
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
2300.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1875.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1400.00

Unit 4

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1400.00

Unit 5

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1400.00

Unit 6

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1600.00

Unit 7

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1500.00

Unit 8

#Rooms:
0
#Bedrooms:
1
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1300.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-11-04
Last Updated:
2024-11-14 23:48:41

Stowe Office

Debby Burnor

(P) 802.253.9771
(F) 802.253.9993
email

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