50 Bright StreetBurlington, VT 05401MLS Number 4974446

Price: $599,000
Est. Mortgage of $/month
52 Days on Market

Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.

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Tax Information

Tax Year2023

Building

Year Built1899
Building ConstructionWood Frame
StyleDuplex
Units2
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 2 Floor Location2
Unit 2 Total Rooms5
# of 3+ Bedrooms2
Bathroom2
Total Baths2
BasementDirt Floor
FoundationBrick, Stone

Basic Information

StatusACT
List Price$599,000
Date Price Change10/17/2023
MLS Number4974446
MLS StatusActive

Property

Acreage0.06
Parking Spaces
Lot DescriptionCity Lot
Square Feet2,005
APX Fin AG Sqft2,005
Road Frontage34
RoadsPaved, Public
AreaIn Town, Near Public Transportatn

Amenities

Exterior AmenitiesBalcony, Fence - Partial, Garden Space
PricePerSqFt298.75

Other

Taxes$9,305.44
Tax Year Notes2023-2024
Seasonal Y/NNo
TrashCans, Curbside
Date Listed10/17/2023
Date Showings Begin2023-10-20
Unit 1 Deposit$3,000
View Count6

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningNeighborhood - Mixed Use
High SchoolBurlington High School
Flood Zone Y/NUnknown

Interior

FloorsCarpet, Laminate, Vinyl

Exterior

ExteriorWood
RoofMembrane, Shingle - Asphalt
Exterior ColorGreen

Utilities

Heat FuelGas - Natural
Heat SystemDirect Vent
WaterPublic
Water HeaterGas - Natural, Owned, Tank
ElectricCircuit Breaker(s), On-Site
SewerPublic
UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available

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 December 7, 2023 12:10 PM EST

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Your Questions & Comments I found a listing on "Dousevicz Real Estate" which you may be interested in:

50 Bright StreetBurlington, VT 05401MLS Number 4974446

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