200 North St. & 161-167 Elmwood Ave. Burlington, VT 05401 hot
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2499000
/mo

13 Beds

8 Baths

11557 SqFt

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Key Details

Property Type: Multi-Family

Lot Size: 10,019 Sqft

Year Built: 2014

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 4734837

Price per Sqft: $216

Construction Status: Existing

Property Description

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.

Location

State: VT

County: Vt-chittenden

Area: Vt-chittenden

Zoning: NMU & RM

Rooms

Full Baths: 8

Basement Entrance: Interior

Basement: Partially Finished,Unfinished

Interior

Sewage Type: Public

Water: Public

Heating: Gas - Natural

Cooling: None

Flooring: Ceramic Tile,Wood

Exterior

Exterior Feature: Brick,Metal Clad,Wood Siding

Garage Description: Off Street,Paved

Roof Type: Membrane,Slate

Lot Description: City Lot

Building

Lot Description: City Lot

Style: Apartment Building,Multi-Family

Story: 3

Foundation: Concrete,Stone

Construction Status: Existing

Others

Tax Amount: $41,409

Tax Year: 2018

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Listing Provided By Lipkin Audette Team of Coldwell Banker Hickok and Boardman

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    Mike Conroy Conroy & Company, KW Vermont
    Mike Conroy

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