39-41 King StreetBurlington, VT 05401MLS Number 4917892

  • Price: $850,000
  • Est. Mortgage of $/month
  • 160 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
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39-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 0540139-41 King Street Burlington VT 05401
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  • 0.11Acreage
  • 1899Year Built
  • 3,884Square Feet
  • ActiveMLS Status

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Listed by Nancy Warren and Jay Strausser of Four Seasons Sotheby's Int'l Realty
Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 - three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor.

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More Info

Basic Information

  • StatusACT
  • List Price$850,000
  • Date Price Change11/22/2022
  • MLS Number4917892
  • MLS StatusActive

Property

  • Acreage0.11
  • Parking Spaces
  • Lot DescriptionCorner, Curbing, Street Lights
  • Square Feet3,884
  • APX Fin AG Sqft3,884
  • Road Frontage144
  • RoadsPublic

Other

  • Taxes$14,079.36
  • Seasonal Y/NNo
  • Unit 1 Deposit$800
  • Unit 2 Rent Amount$1,800
  • Unit 3 Rent Amount$1,100
  • Unit 4 Rent amount$1,400
  • View Count8

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRes - Multifamily
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorWood Siding
  • RoofMembrane, Metal, Shingle - Asphalt, Slate

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater
  • WaterPublic
  • Water HeaterDomestic
  • Electric220 Volt
  • SewerPublic
  • UtilitiesCable - Available, Gas - On-Site, High Speed Intrnt -Avail

Building

  • Year Built1899
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location1
  • Unit 2 Styleflat
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 Total Rooms6
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms2
  • BasementUnfinished
  • FoundationAxle
Dousevicz Real Estate
Dousevicz Real Estate
Office: 802-879-4477
21 Carmichael St
Essex, VT 05452
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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 December 3, 2022 11:09 AM EST.

 

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