200 North St. & 161-167 Elmwood Ave.Burlington, VT 05401MLS Number 4734837

  • Price: $2,499,000
  • Est. Mortgage of $/month
  • 78 Days on Market
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Federal 30-year interest rate: 4.17% last updated on Apr 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.23Acreage
  • 15Bathroom
  • 2014Year Built
  • 11,557Square Feet

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Unique opportunity to purchase a very desirable Old North End portfolio with 3 Investment properties. The combined multifamily buildings have 13 residential units and one prime retail commercial space situated on an 11,277 square foot corner lot at the intersection of Elmwood and North Street. The property consists of 18 bedrooms - a mix of studio, 1 bedroom, 2 bedroom, 3 bedroom apartments plus 2334 square feet of ground floor retail commercial space - all fully rented. Built in 2014 the mixed use property at 200 North Street has 7 apartments and 2334 square feet of ground floor retail commercial space located on a prime corner location. The 4 unit and duplex apartment buildings were recently significantly renovated with new kitchens, bathrooms, off-street parking, on-site laundry. Prime downtown location attracts tenants with proximity to colleges, hospital, and waterfront. Burlington VT has one of the lowest vacancy rate in the US, and is home to the University of Vermont/ Medical Center, Burton and Lake Champlain. Burlington is consistently ranked as one of the top 10 places to live in the US. The Old North End is one of Burlington's oldest residential neighborhoods and has grown to be one of Burlington's premier downtown neighborhoods.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

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More Info

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Property TypeMulti-Family
  • List Price$2,499,000
  • MLS Number4734837

Interior

  • APX Fin Below Grade280
  • FloorsCeramic Tile, Wood

Exterior

  • ExteriorBrick, Metal Clad, Wood Siding
  • RoofMembrane, Slate
  • Exterior ColorMutli

Other

  • Taxes$41,409
  • Seasonal Y/NNo
  • Insurance Exp$7,567
  • Maintenance Exp$6,500
  • Misc Exp$1,300
  • Snow Exp$3,068
  • Trash Exp$1,350
  • Unit 1 Deposit$1,800
  • Unit 2 Rent Amount$1,493
  • Unit 3 Rent Amount$950
  • Unit 4 Rent amount$1,750
  • Unit 5 Rent amount$950
  • Unit 7 Rent amount$886
  • Unit 8 Rent amount$1,350
  • Utilities Exp$1,080
  • Water Exp$1,769
  • View Count18

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningNMU & RM
  • Flood Zone Y/NUnknown

Property

  • Acreage0.23
  • Parking Spaces
  • Square Feet11,557
  • APX Fin AG Sqft11,277
  • RoadsPublic
  • Lot DescriptionCity Lot

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHeat Pump, Hot Water, Radiator, Wall Units
  • WaterPublic
  • Water HeaterOther
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • Heating Exp$2,158

Building

  • Year Built2014
  • Building ConstructionMetal, Wood Frame
  • StyleApartment Building, Multi-Family
  • Units14
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms8
  • Unit 7 Bedrooms1
  • # of 2 Bedrooms3
  • Unit 8 Baths1
  • # of 3 Bedrooms2
  • Unit 8 Bedrooms1
  • Bathroom15
  • Total Baths15
  • BasementPartially Finished, Unfinished
  • FoundationConcrete, Stone
Signature Properties of Vermont Agents and Staff
Signature Properties of Vermont Agents and Staff
Office: 802.872.8881
1 Towne Marketplace Suite 18
Essex Junction, VT 05452

Burlington, VT Demographics

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Burlington, VT Real Estate Market Data

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Burlington, VT Schools

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 19, 2019.

 

 

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