51 Intervale AvenueBurlington, VT 05401MLS Number 4974743

Price: $659,000
Est. Mortgage of $/month
41 Days on Market

Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!

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Tax Information

Tax Year2023

Building

Year Built1899
Building ConstructionWood Frame
StyleMulti-Family
Units3
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 1 Floor Location1
Unit 1 Total Rooms6
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 2 Floor Location2
Unit 2 StyleApartment - Flat
Unit 2 Total Rooms6
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location3
Unit 3 StyleApartment - Flat
Unit 3 Total Rooms4
# of 1 Bedrooms1
# of 3+ Bedrooms2
Bathroom3
Total Baths3
BasementUnfinished
FoundationConcrete, Stone

Basic Information

StatusACT
List Price$659,000
Date Price Change11/14/2023
MLS Number4974743
MLS StatusActive

Property

Acreage0.09
Parking Spaces
Lot DescriptionCity Lot, Curbing, Level, Sidewalks
Square Feet2,591
APX Fin AG Sqft2,591
RoadsPaved, Public
AreaIn Town, Near Shopping, Near Public Transportatn, Near Hospital

Utilities

Heat FuelGas - Natural
Heat SystemDirect Vent, Forced Air, Hot Air, Monitor Type
WaterMetered, Public
Water HeaterGas - Natural, Separate
ElectricCircuit Breaker(s)
SewerMetered, Public
UtilitiesGas - Underground, High Speed Intrnt -Avail

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningResidential - MD
Elementary SchoolIntegrated Arts Academy
Junior HighEdmunds Middle School
High SchoolBurlington High School
Flood Zone Y/NNo

Interior

FloorsCarpet, Laminate, Vinyl, Vinyl Plank

Exterior

ExteriorAluminum
RoofSlate
Exterior ColorTan

Amenities

Exterior AmenitiesFence - Partial, Natural Shade, Porch - Covered
PricePerSqFt254.34

Other

Taxes$11,741.8
Seasonal Y/NNo
TrashCans, Curbside, Owner, Recycle
Foot Print Dim50 x 27
Date Listed10/19/2023
Date Showings Begin2023-10-23
Unit 1 Deposit$1,650
Unit 2 Rent Amount$1,650
Unit 3 Rent Amount$1,300
View Count4

Copyright 2023 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 November 28, 2023 2:10 PM EST

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51 Intervale AvenueBurlington, VT 05401MLS Number 4974743

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