311 South Union StreetBurlington, VT 05401MLS Number 4736906

  • Price: $1,768,000
  • Est. Mortgage of $/month
  • 98 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 4.06% last updated on May 23, 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.
  • 0.36Acreage
  • 8Bathroom
  • 1900Year Built
  • 8,644Square Feet

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Many recent upgrades and improvements to this 7 unit, 21 bed property in the heart of the Hill Section. Recent upgrades and improvements include new heating systems in back and front buildings as well extensive kitchen renovations. The site features a large parking lot behind the buildings as well. There are views from the cupola of the front building. The property also underwent substantial renovations under the prior owner between 2009 and 2011 making this a turn key investment opportunity with a solid cap rate.

Listed by Robert Foley of Flat Fee Real Estate

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$1,768,000
  • MLS Number4736906

Property

  • Acreage0.36
  • Parking Spaces
  • Square Feet8,644
  • APX Fin AG Sqft7,978
  • Road Frontage71
  • RoadsPublic
  • Lot DescriptionCity Lot, View

Exterior

  • ExteriorClapboard
  • RoofMetal, Shingle

Amenities

  • Exterior AmenitiesPorch - Covered

Other

  • Taxes$38,415
  • Seasonal Y/NNo
  • Unit 1 Deposit$3,110
  • Unit 2 Rent Amount$1,550
  • Unit 3 Rent Amount$1,825
  • Unit 4 Rent amount$1,050
  • Unit 5 Rent amount$2,950
  • Unit 7 Rent amount$3,000
  • View Count20

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • Zoningresidential
  • Elementary SchoolAssigned
  • Junior HighEdmunds Middle School
  • High SchoolBurlington High School
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade666
  • FloorsTile, Vinyl, Wood

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Water
  • WaterPublic
  • Water HeaterGas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units7
  • Unit 1 Bath2
  • Unit 1 Bedrooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms4
  • Unit 6 Baths1
  • Unit 6 Bedrooms4
  • Unit 7 Baths1
  • # of 1 Bedrooms1
  • Unit 7 Bedrooms4
  • # of 2 Bedrooms2
  • # of 3 Bedrooms4
  • Bathroom8
  • Total Baths8
  • BasementUnfinished
  • FoundationConcrete
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

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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 May 27, 2019.

 

 

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