- $699,000
- MLS#: 5073153
- 4
- # of Units
- 2,766
- Total Sq. Feet
- 0.15
- Acres
- $12,426
- Taxes
1 of 31
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
Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a 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. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.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 with stable income and room for growth.Seller is licensed Broker
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1899
- Parking:
- Road Frontage:
- 61
- Acres:0.15
- Gross Income:
- 76,800
- 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:
- 1750.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 900
- Floor:
- 2
- Unit Style:
- flat
- Monthly Rent:
- 1650.00
Other Information
- List Date:
- 2026-01-06
- Last Updated:
