81-83 WALNUT STREET Burlington, VT 05401 | Multi-Family

$357,500

Closed
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2
2054 sqft.
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Geri Reilly Real Estate

Description

Looking for your next investment opportunity? This duplex in Burlington's Old North End is the one for you! Across from Roosevelt Park and a short distance to the bike path and various restaurants (May Day, Taco Gordo, Café Mamajuana) in the area make this a great location. In the back you will find an abundance of parking, a small yard, and a detached 2 car garage made into two separate rental storage spaces with additional income of $220 monthly. The first floor unit has two bedrooms, full bathroom, kitchen/dining room and living room. This unit also has access from inside to the basement that provides a lot of storage. Upstairs is the one-bedroom unit with full bathroom/laundry area, bedroom and kitchen/living area. Each level has its own porch/deck giving each unit a great outdoor space. Improvements have been made over the years making the property more energy efficient. The low maintenance at this property makes it the perfect property for an investor just starting out or someone looking to add to their portfolio. both units are leased until 6/1/23, perfect owner occupied in either unit, once lease is up.

Property Details

List Price $375,000 Sold Price $357,500 List Date 2022-10-10 Sold Date 2022-12-20 MLS ID 4933076 Status Closed Property Type Multi-Family County VT-Chittenden Days on Market 52

structure

AG Finished Area 1275.0 basement Yes cooling None Features Exterior Porch - Covered, Porch - Enclosed flooring Carpet, Laminate foundation details Concrete, Stone garage spaces 2.0 garage y n Yes heating Baseboard, Hot Water, Monitor Type living area 2054.0 living area units Square Feet new construction Existing Parking Features Common/Shared roof Membrane, Shingle - Asphalt stories 2 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 Public road surface type Public

school

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

tax

tax annual amount 8192.64 tax year 2022 zoning Residential Med. Density

financial

gross income 36360.0 net operating income 23443.36 operating expense 12916.0

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 7:35:16 AM (UTC)