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Listed by Dave Kleh • KW Vermont
$1,950,000
Est. payment /mo
8,712 Sqft Lot
Price Dropped by $150K
58-62 N Union ST Burlington, VT 05401
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UPDATED:
11/26/2024 04:23 PM
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5020999
Year Built 1992
Annual Tax Amount $33,549
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown. Very well maintained with great rental history.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning Res medium density
Rooms
Basement Entrance Interior
Basement Full, Stairs - Interior
Interior
Cooling Wall AC Units
Inclusions Land/Building
Exterior
Parking Features Parking Spaces 5 - 10, Paved
Garage Description Parking Spaces 5 - 10, Paved
Utilities Available Cable
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Asphalt,Slate
Building
Foundation Stone
Sewer Public