58-62 North Union StreetBurlington, VT 05401MLS Number 5020997

  • Price: $1,895,000
  • Est. Mortgage of $/month
  • 34 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
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58-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 0540158-62 North Union Street Burlington VT 05401
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  • 0.2Acreage
  • 8Bathrooms
  • 1992Year Built
  • 6,008Square Feet

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Listed by Dave Kleh of KW Vermont
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! Well maintained with a great rental history.

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Tax Information

  • Tax Year2024

Building

  • Year Built1992
  • Building ConstructionWood Frame, Vinyl Exterior
  • Units10
  • 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 Bedrooms1
  • # of 3+ Bedrooms1
  • Unit 8 Bedrooms1
  • Bathroom8
  • Total Baths8
  • BasementFull, Stairs - Interior
  • FoundationStone

Basic Information

  • StatusACT
  • List Price$1,895,000
  • Date Price Change12/05/2024
  • MLS Number5020997
  • MLS StatusActive

Property

  • Acreage0.2
  • GarageNo
  • Parking Spaces
  • Lot Description
    • City Lot
    • In Town
    • Landscaped
    • Near Hospital
    • Near Public Transportatn
    • Near Shopping
    • Sidewalks
  • Square Feet6,008
  • APX Fin AG Sqft6,008
  • Road Frontage87
  • AreaVT-Chittenden

Amenities

  • PricePerSqFt315.41

Water Body

  • Water AccessNo
  • Water ViewNo

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRes- Medium Intensity
  • Elementary SchoolAssigned
  • Junior HighEdmunds Middle School
  • High SchoolBurlington High School
  • Address58-62 North Union Street
  • Flood Zone Y/NNo

Exterior

  • RoofShingle, Slate
  • Exterior ColorCream

Utilities

  • Heat SystemNatural Gas, Baseboard, Hot Air
  • Electric220 Plug, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable

Other

  • Taxes$33,549.96
  • Tax Year Notes2024-2025
  • Seasonal Y/NNo
  • TrashDumpster
  • Date Listed11/04/2024
  • Unit 1 Deposit$2,300
  • Unit 2 Rent Amount$1,875
  • Unit 3 Rent Amount$1,400
  • Unit 4 Rent amount$1,400
  • Unit 5 Rent amount$1,400
  • Unit 7 Rent amount$1,500
  • Unit 8 Rent amount$1,300
  • View Count4

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Brian French Real Estate

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1993 Williston Road,
South Burlington, VT 05403
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 December 7, 2024 12:24 PM EST

 

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