38-40 Monroe StreetBurlington, VT 05401MLS Number 4961401

  • Sale Price: $820,000
  • 337 Days Since Sale
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Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
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38-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 0540138-40 Monroe Street Burlington VT 05401
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  • 0.1Acreage
  • 4Bathrooms
  • 1899Year Built
  • 2,910Square Feet

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Listed by Theadora Dernavich of Coldwell Banker Hickok and Boardman

Listing Sold by Coldwell Banker Hickok and Boardman
Located just a few blocks from Church Street, this Queen Anne style 4-unit property "commands an excellent corner location" on Monroe Street, to quote Burlington historical records. This property has been maintained by the same family for decades and is ready for new owners to take over this great investment opportunity. Inside you'll find much of the vintage charm remains. Original wood trim and built-ins with updates mixed in, including newer wood windows, custom showers, updated plumbing, and major insulation improvements. With projected rents and many deferred maintenance projects already completed by the seller, this is a great opportunity to invest in a quality property. The entire first floor is a 2-bedroom unit, which could be a great option for owner-occupying. The second floor houses a 1-bedroom apartment as well as a studio, and the final 1-bedroom apartment sits on the third floor. A large clean basement provides tons of storage space along with laundry hook-ups. There is also a large 2-bay outbuilding in front of the 4 off-street parking spaces. Move in and have the majority of your mortgage covered, or rent it out with the tenants of your choice and add this great property to your portfolio. Located just a couple blocks from the Burlington Waterfront, Battery Park, and of course popular Church Street.

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Tax Information

  • Tax Year2024

Building

  • Year Built1899
  • Building ConstructionWood Frame
  • StyleHistoric Vintage, Multi-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 4 Bath1
  • Unit 4 Floor Location3
  • # of 1 Bedrooms3
  • # of 2 Bedrooms1
  • Bathroom4
  • Total Baths4
  • BasementStorage Space, Unfinished
  • FoundationBrick, Stone

Basic Information

  • StatusSLD
  • List Price$820,000
  • Date Price Change09/27/2023
  • MLS Number4961401
  • MLS StatusClosed
  • Sale Date11/14/2023

Property

  • Acreage0.1
  • Parking Spaces2
  • Lot DescriptionCity Lot, Corner
  • Square Feet2,910
  • APX Fin AG Sqft2,910
  • Road Frontage134
  • RoadsPaved, Public
  • AreaHistoric District, Near Shopping, Neighborhood, Near Public Transportatn

Amenities

  • Exterior AmenitiesBalcony, Outbuilding, Porch - Covered
  • PricePerSqFt281.79

Other

  • Taxes$11,146
  • Seasonal Y/NNo
  • Date Listed07/14/2023
  • Unit 1 Deposit$1,600
  • View Count21

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRH
  • Elementary SchoolAssigned
  • Junior HighAssigned
  • High SchoolBurlington High School
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Laminate, Tile, Wood

Exterior

  • ExteriorBrick Veneer
  • RoofSlate
  • Exterior ColorBrick

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Water, Radiator
  • WaterPublic
  • Water HeaterGas - Natural
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesInternet - Cable, Internet - Fiber Optic
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Bondville, VT 05340
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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 October 16, 2024 4:38 AM EDT

 

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