Price Reduced 9.76%

$1,895,000 ($315.41 per sqft)

Est. Mortgage $9,707/mo *

Quick Pre-Approval

Listing courtesy of Dave Kleh, KW Vermont Phone: 802-654-8500


Price History

$2,100,000
11/4/2024

$1,950,000
11/14/2024

$1,895,000
12/5/2024


58-62 North Union Street, Burlington, VT, 05401

58-62 North Union Street, Burlington, VT, 05401

11 beds

8 Full baths

1992

Multi-Family

6,008 sqft

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! Well maintained with a great rental history.


Status:

Active

Type:

Multi-family

Units:

10

Zoning:

Res- Medium Intensity

Frontage:

87

Heating:

Natural Gas, Baseboard, Hot Air

Cooling:

Wall AC Units

Basement:

Full, Stairs - Interior

Parking:

Parking Spaces 5 - 10

Acreage:

0.2

Est. Taxes:

$33,550

Lot Description:

City Lot,Landscaped,Sidewalks,In Town,Near Shopping,Near Public Transportatn,Near Hospital

Elementary School:

Assigned

Middle School:

Edmunds Middle School

High School:

Burlington High School

School District:

Burlington School District

MLS #:

5020997


Community Info

School Info

Walk Score

Mass Transit

Yelp