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General Property Information
- Price:
- $699,000
- County:
- VT-Chittenden
- Acres:
- 0.15
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Paul Cannizzaro
Cannizzaro Real Estate
Well-Maintained 4-Unit Investment Property in Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential.Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean and well-maintained, with coin-operated laundry and tenant storage in the basement.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment opportunity with stable income and room for growth.
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1899
- Parking:
- Road Frontage:
- 61
- Acres:0.15
- Gross Income:
- 70,800
- Annual Expenses:
- 0
- # of Gas Meters:
- 4
- # of Electric Meters:
- 5
- Sq Ft (Above Ground):
- 2766
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2766
- Land Description:City Lot,Near Public Transportatn
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 550
- Floor:
- 1
- Unit Style:
- flat
- Monthly Rent:
- 1500.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 550
- Floor:
- 2
- Unit Style:
- flat
- Monthly Rent:
- 1500.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 900
- Floor:
- 1
- Unit Style:
- flat
- Monthly Rent:
- 1500.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 900
- Floor:
- 2
- Unit Style:
- flat
- Monthly Rent:
- 1400.00
Other Information
- List Date:
- 2025-07-10
- Last Updated: