31 HYDE STREET Burlington, VT 05401 | Multi-Family

$2,095,000

Closed
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11692 sqft.
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The Marcelino Team

Description

Great Investment Opportunity. This property consists of eight 3-bedroom 1.5 bath condos built in 1985 and a two-story attached duplex built in 1930 for a total of 10 rental units and is in the Opportunity Zone. All units’ interiors have been recently painted and most all flooring has been upgraded. Unit 10 has had a complete renovation. Exterior work includes sidewalk and curbing per zoning, exterior LED lighting, driveway leveling, fence to protect pervious surface and trees removed. Great location with easy access to New North End, Downtown, Winooski, Colleges and Hospital.

Property Details

List Price $2,150,000 Sold Price $2,095,000 List Date 2020-04-17 Sold Date 2020-12-11 MLS ID 4801555 Status Closed Property Type Multi-Family County VT-Chittenden Days on Market 122

structure

AG Finished Area 10852.0 basement Yes cooling None foundation details Concrete, Slab - Concrete garage y n No heating Baseboard, Direct Vent, Electric, Gas Heater living area 11692.0 living area units Square Feet new construction Existing Parking Features Paved roof Shingle, Slate stories 2 year built 1985

characteristics

Acres 0 lot size area 0.5 Lot SqFt 21780.0 lot size units Acres # of Units 10 road frontage type Public road surface type Public

tax

tax annual amount 39591.8 tax year 2020 zoning Residential-Med Density

financial

gross income 223800.0 net operating income 162508.0 operating expense 61292.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 2.5 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 7:03:44 AM (UTC)