Burlington Multi-Family 3-4 Unit

MLS Number 4917892

• Multifamily
• Units 4
• Acreage 0.11
• Square Feet 3,884

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.

Listed by Nancy Warren and Jay Strausser of Four Seasons Sotheby's Int'l Realty

MLS Number 4910074

• Multifamily
• Units 3
• Bathroom 3
• Square Feet 1,772
• Acreage 0.04

Centrally located in the heart of the Queen City, this triplex apartment building on Pine Street is ready for its next owner! Situated just minutes to everything downtown Burlington has to offer, this is an excellent investment opportunity. The property boasts a fantastic layout with 2 bedroom's in each unit. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with brand new unique crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, some new windows and laundry hookups in Unit B's bathroom. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Incredible walkable location less than 5 minutes to the Burlington Waterfront and Church Street Marketplace.

Listed by Amanda Headley of Ridgeline Real Estate

MLS Number 4908697

• Multifamily
• Bathroom 4
• Units 4
• Acreage 0.1
• Square Feet 3,418

Attractive Price Reduction! Solid, maintained, and periodically updated investment property with 4 residential units and superb tenants with long-term history. Great location, nice lot, ample off-street parking and close to parks, bakery, vibrant downtown Burlington & the waterfront!

Listed by Renee Paulman of All Star Realty

MLS Number 4905699

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.17
• Square Feet 2,244

SHOWINGS THURS 5/19 3-4:30p. Located on a short one block street between Henry and Loomis Streets, this investment property offers excellent rental history, and solid numbers. Prime college rental location in the heart of downtown, with exceptional access to campuses, downtown, and UVM Medical Center. Urban living in the City, in a lovely neighborhood, within biking and walking distance of so many amenities. The large first floor unit is leased for the 22-23 school year for $825/bedroom, and includes a washer/dryer in the basement. The second floor 1 bedroom unit was updated in 2017 to include carpet in the bedroom, laminate flooring in the kitchen and living room, kitchen counter, and washer/dryer. Six approved off street parking spaces, and a large back yard makes it attractive to tenants. Building is to be conveyed As-Is.

Listed by Matt Hurlburt and Steve Donahue of RE/MAX North Professionals - Burlington

MLS Number 4904232

• Multifamily
• Units 3
• Square Feet 2,555
• Acreage 0.08
• Utilities Internet - Cable

Very well maintained three unit building in the heart of downtown Burlington within blocks of UVM, Champlain College, Church Street and the UVM Medical Center. Turn key investment with all leases in place. The units are in very good shape. Unit 1 is a 3 bed, 1 bath with hardwood and tile flooring, updated kitchen, gas fireplace for primary heat and energy efficient windows. Unit 2 is a 2 bed, 1 bath and Unit 3 is a 2 bed, 1 bath. Rents a slightly below market and owner projects an additional $5,000 in annual income from raising rents to market. A great investment.

Listed by Robert Foley of Flat Fee Real Estate