38-44 Cedar StreetBurlington, VT 05401MLS Number 4928831

  • Price: $775,000
  • Est. Mortgage of $/month
  • 23 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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.
Pending
38-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 0540138-44 Cedar Street Burlington VT 05401
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  • 0.17Acreage
  • 1910Year Built
  • 3,006Square Feet

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Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties
These two adjoining duplexes being sold together but deeded separately offer an excellent opportunity to expand your investment portfolio in Burlington's Old North End! Each building has it owns driveway that lead to large back grassy adjoining backyards - a real rarity in the Old North End. Each unit has a deck. Unit 44 has historically been owner occupied; the remaining 3 units have not been leased for at least 3 years. All units have their own separate utilities for heat, electric, hot water, & internet/cable/TV; each duplex has one water/sewer meter. All units have natural gas-powered Rinnai direct vent heaters with their own meters. 4 ranges & 3 refrigerators will convey with the sale. Two of the units need some renovation; the other two have been upgraded with paint, rugs, etc. Once renovated, we conservatively estimate that the monthly rental amounts for the three 2-bedroom units will be $1500 - $1650/month & the one 3-bedroom unit will be $2000 to $2200/month, but please do your own research. A Rental Certificate of Compliance for 42-44 Cedar was just issued & will expire in 2026. 38-40 Cedar's Rental Certificate of Compliance completed in 2017 has expired. Duplexes are being sold as is; seller will prefer offers with no contingencies. Per the Burlington Fire Marshal, no Time of Sale Inspection is required for the sale since the units are all vacant. Additional documentation available.

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More Info

Basic Information

  • StatusPEN
  • List Price$775,000
  • Date Price Change09/08/2022
  • MLS Number4928831
  • MLS StatusPending

Property

  • Acreage0.17
  • Parking Spaces
  • Lot DescriptionCity Lot, Level, Sidewalks, Street Lights
  • Square Feet3,006
  • APX Fin AG Sqft3,006
  • Road Frontage75
  • RoadsPaved, Public
  • AreaNeighborhood

Amenities

  • Exterior AmenitiesFence - Partial, Porch, Porch - Covered

Water Body

  • Water AccessNo
  • Water ViewNo

Other

  • Taxes$15,690
  • Seasonal Y/NNo
  • View Count4

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningResidential - Medium Dens
  • Elementary SchoolAssigned
  • Junior HighLyman C. Hunt Middle School
  • High SchoolBurlington High School
  • Flood Zone Y/NUnknown

Interior

  • FloorsCombination

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt, Slate

Utilities

  • Heat FuelGas - Natural
  • Heat SystemDirect Vent, Hot Air
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available
  • WaterPublic, Public Water - On-Site
  • Water HeaterOwned, Rented
  • ElectricOn-Site
  • SewerPublic, Public Sewer On-Site

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 Total Rooms4
  • # of 2 Bedrooms3
  • # of 3+ Bedrooms1
  • BasementDirt, Dirt Floor, Unfinished, Interior Access
  • FoundationBrick, Stone
Mountain Realty
Mountain Realty
Office: 802-297-2100
PO Box 396
54 VT Rte 30
Bondville, VT 05340
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 September 30, 2022 9:40 AM EDT.

 

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