180 PARK STREET Burlington, VT 05401 | Multi-Family

$364,500

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2662 sqft.
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Description

Great in-town location with just a quick walk or bike into downtown Burlington, Battery Park or Waterfront from this retro style 2-level duplex apartment building with large one car garage/workshop. First floor offers 2 bedrooms and huge glassed/screened in porch with hardwood floors and brick faced chimney with authentic retro styled cabinets in kitchen. Second floor offers one bedroom double space living room and has smaller glassed/screened porch in rear which overlooks the rear yard area. In solid shape thoughout with own driveway and deep rear yard with plenty of space for gardens behind garage. Wide one car garage has access up rear ladder to second floor loft perfect for storage or possible work area. Apartments recently vacated to allow new Owners flexibility for owner occupied or to attract Tenants of choice. Rental income figures are estimated, but could possibly be higher. Building expenses break down as follows: Taxes $5714, Insurance $1200, Water/Sewer $900, Snow/Lawn $500, Heat System Maintenance Contract $200, Trash $600, General Maintenance $500. Original slate roof in front had recent repairs; balance of roof in rear replaced within last two years.

Property Details

List Price $369,000 Sold Price $364,500 List Date 2020-09-25 Sold Date 2020-11-20 MLS ID 4830966 Status Closed Property Type Multi-Family County VT-Chittenden Days on Market 15

structure

AG Finished Area 1203.0 basement Yes cooling None Features Exterior Porch - Enclosed, Window Screens, Windows - Storm flooring Carpet, Hardwood, Vinyl foundation details Brick, Stone garage spaces 1.0 garage y n Yes heating Gas Heater - Vented, Hot Air, Space Heater living area 2662.0 living area units Square Feet new construction Existing Parking Features Concrete, Gravel roof Membrane, Shingle - Other, Slate stories 1 year built 1899

characteristics

Acres 0 lot size area 0.13 Lot SqFt 5663.0 lot size units Acres # of Units 2 road frontage type Paved, Public road surface type Paved, Public view y n No waterfront features No waterfront y n No

school

elementary school Edmunds Elementary School high school Burlington High School middle or junior school Edmunds Middle School

tax

tax annual amount 5714.92 tax year 2020 zoning Residential Medium Densid

financial

gross income 28800.0 net operating income 19186.0 operating expense 9614.0

contract

current financing Conventional foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 5:23:56 AM (UTC)