58-62 N Union StreetBurlington, VT 05401MLS Number 5020999

  • Price: $1,895,000
  • 33 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
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58-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 0540158-62 N Union Street Burlington VT 05401
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  • 0.2Acreage
  • 1992Year Built
  • 6,008Square Feet
  • 2024Tax Year

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Listed by Dave Kleh of KW Vermont
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown. Very well maintained with great rental history.

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Tax Information

  • Tax Year2024

Building

  • Year Built1992
  • NumberOfUnitsInCommunity10
  • FoundationStone
  • Square Feet6,008
  • BasementFull, Stairs - Interior

Exterior

  • RoofShingle - Asphalt, Slate

Utilities

  • Heating CoolingHot Air

Legal

  • Taxes$33,549.96
  • NOI113781
  • OtherStructuresLand/Building
  • ZoningRes medium density

Basic Information

  • StatusACT
  • Modification Date12/05/2024
  • TypeMulti-Family
  • List Price$1,895,000
  • Broker NameKW Vermont
  • Listing Agent NameDave Kleh
  • Lister Office NameKW Vermont
  • MLS Number5020999
  • MLS StatusActive

Amenities

  • PricePerSqFt315.41

Other

  • Date Listed11/04/2024
  • View Count3

Location

  • Building Number58-62
  • StreetN Union Street
  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • Address58-62 N Union Street

Property

  • Acreage0.2
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVT-Chittenden
  • Lot Sqft8,712
  • Road Frontage87
Dousevicz Real Estate

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Dousevicz Real Estate
Office: 802-879-4477
21 Carmichael St
Essex, VT 05452
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