311 South Union Street

    Burlington, VT 05401
    • $1,768,000
    • STATUS: Active
    • ON SITE: 147 days
    • MLS #: 4736906
    UPDATED: 176 min ago
    $1,768,000
    • 21
      BEDS
    • 0.36
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 8,644
      SQFT
    • $205
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Robert Foley of Flat Fee Real Estate.

    Description

    Many recent upgrades and improvements to this 7 unit, 21 bed property in the heart of the Hill Section. Recent upgrades and improvements include new heating systems in back and front buildings as well extensive kitchen renovations. The site features a large parking lot behind the buildings as well. There are views from the cupola of the front building. The property also underwent substantial renovations under the prior owner between 2009 and 2011 making this a turn key investment opportunity with a solid cap rate.

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    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2019-07-16T00:05:45.823.
    www.bestseacoasthomes.com/homes/91926956

    311 South Union Street Burlington, VT 05401

    • Price: $1,768,000
    • Status: Active
    • Updated: 176 min ago
    • MLS #: 4736906
    21
    Beds
    8
    Baths
    0
    ½ Baths
    0.36
    Acres
    8,644
    SQFT
    $205
    $/SQFT
    1900
    Built
    County:
    Chittenden
    Area:
    Burlington
    Elementary School:
    Assigned
    Middle School:
    Edmunds Middle School
    High School:
    Burlington High School
    School District:
    Burlington School District
    Property Description
    Many recent upgrades and improvements to this 7 unit, 21 bed property in the heart of the Hill Section. Recent upgrades and improvements include new heating systems in back and front buildings as well extensive kitchen renovations. The site features a large parking lot behind the buildings as well. There are views from the cupola of the front building. The property also underwent substantial renovations under the prior owner between 2009 and 2011 making this a turn key investment opportunity with a solid cap rate.
    Exterior Features

    Construction Wood Frame Driveway GravelPaved Exterior Clapboard Exterior Features Porch - Covered Has Garage No Lot Description City LotView Parking On-Site Road Frontage Yes Road Frontage Length 71 Roads Public Roof MetalShingle Style Apartment Building

    Interior Features

    Basement Access Type Interior Basement Description Unfinished Cooling None Flooring TileVinylWood Foundation Concrete Has Basement Yes Heating Hot Water Total Heated Units 4 Total Ranges 7 Total Refrigerators 7 Unit1 Baths 2 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1 Water Heater Gas - Natural

    Property Features

    Cable Company Xfinity Construction Status Existing Electric Circuit Breaker(S) Electric Company Bed Flood Zone No Fuel Company Vt Gas Gross Income 195000 Heat Fuel Gas - Natural Phone Company Xfinity Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 38415 Tax Year 2019 Taxes Tbd No Total Electric Meters 9 Total Gas Meters 7 Total Leases 7 Total1 Bed Units 1 Total2 Bed Units 2 Total3 Plus Bed Units 4 Unit1 Rental Amount 3110 Unit2 Rental Amount 1550 Unit3 Rental Amount 1825 Unit4 Rental Amount 1050 Unit5 Rental Amount 2950 Unit6 Rental Amount 2950 Unit7 Rental Amount 3000 Water Public Zoning Residential

    Courtesy of Robert Foley of Flat Fee Real Estate.


    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2019-07-16T00:05:45.823.
     
    Keller Williams Coastal Realty
    750 Lafayette Road, Suite 201
    Portsmouth NH, 03801
    Courtesy of Robert Foley of Flat Fee Real Estate.