New ListingINVESTMENT OPPORTUNITY in Burlington! Well-maintained six-unit apartment property offering a strong combination of income, parking, and flexible space. The property features 12 bedrooms across six units, with all units having been improved over the years and a history of steady rental income. A unique detached cottage unit adds additional appeal and flexibility for tenants or an owner looking for a separate living/work space. The property also offers an impressive 14 parking spaces, plus garage/storage space and convenient coin-operated laundry. Ideally located on North Avenue with easy access to Burlington amenities, shopping, dining, schools, parks, Lake Champlain, and downtown. A solid opportunity for an investor seeking an established multifamily property with multiple income streams and potential for continued long-term value
| MLS # | 5112910 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1899 |
| Listing Provided By | BHHS Vermont Realty Group/S Burlington | Robbi Handy Holmes |
| Garage | 1 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | RA |
| Acreage | 0.30 |
| Cooling | None |
|---|---|
| Heating | Natural Gas, Individual, Wall Units |
| Appliances | Natural Gas Water Heater, Rented Water Heater |
| Exterior Features | Deck, Natural Shade, Covered Porch |
|---|---|
| Roof | Asphalt Shingle |
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Brick/Mortar, Stone |
| Lot Features | City Lot, Sidewalks, Street Lights, In Town, Near Public Transit, Near School(s) |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Driveway, Garage, On Site, Parking Spaces 11 - 20 |
| Utilities | Cable at Site, Gas On-Site |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 20771.96 |
|---|
| State | VT |
|---|---|
| County | Chittenden |
| City | Burlington |
| Zip Code | 05401 |
| Area | VT Chittenden |
| School District | Burlington School District |
| Elementary School | Choice |
| High School | Burlington High School |
| Listing VS Median (in 05401) | |
Price: $1,095,000 low | high Med: $269,000 | |
| State | VT |
|---|---|
| County | Chittenden |
| City | Burlington |
| Zip Code | 05401 |
| Area | VT Chittenden |
| School District | Burlington School District |
| Elementary School | Choice |
| High School | Burlington High School |
| Listing VS Median (in 05401) | |
Price: $1,095,000 low | high Med: $269,000 | |