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Listed by: | Cannizzaro Real Estate (802) 862-9700
$699,000
-- Bed
- -- Bath
2,766sqft
290-292 North St, Burlington, VT 05401
$699,000
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Multi Family
Built in 1899
$-- HOA
6,534 sqft lot
$253/sq.ft
Description
Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.Tenants enjoy the con...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1899
HOA Fees
-
Finished Area
2,766 sqft
Lot Size
6,534 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5073153
MLS Status
(30) Under Contract - Pending
Days on Market
27
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