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9 Hyde Street, Burlington, VT, 05401 | $549,000
Nestled across from Pomeroy Park and the vibrant green spaces of the O. N. E. neighborhood, this thoughtfully upgraded duplex is a standout investment opportunity. Just a short stroll to downtown Burlington, this property offers both modern convenience and enduring charm. Key Features: Efficiency Upgrades: Extensive energy improvements include an Insulation Retrofit by Efficiency Vermont, a 2020-installed Heat Pump, and Mello Smart Water Heater attachments on both electric water heating units. Stylish Renovations: Unit 11’s bathroom was remodeled in 2023, while Unit 9’s kitchen boasts a sleek update completed in 2024. Exterior Updates: Freshly painted in 2022, the building also features newly rebuilt front and rear porches. Practical Enhancements: Natural gas furnace for Unit 9 replaced in 2017, with separate electrical metering for each unit. Additional Potential: The rear basement zoning was passed to convert it into a bedroom, offering expansion possibilities. Parking & Location: Ample off-street parking accommodates up to 5 compact vehicles, a rarity in this coveted neighborhood. Located minutes from top-rated restaurants, the University of Vermont, and the UVM Medical Center, this property offers unbeatable access to Burlington’s best amenities. Whether you’re an investor seeking strong rental potential or a buyer looking to offset your mortgage with rental income, this duplex offers a unique blend of charm and location
Features
- Rooms: 10
- Bedrooms: 6
- Baths: 2 full
- Units: 2
- Style: Multi-Family
- Year Built: 1910
- Heating: Natural Gas,Electric,Energy Star System,Forced Air,Heat Pump,Hot Air,Mini Split
- Cooling: Mini Split
- Basement: Unfinished
- Approx Sq. Feet: 2,171
- Acreage: 0.1
- Est. Taxes: $7,917
- Lot Desc: In Town
- Elem. School: Edmunds Elementary School
- Middle School: Edmunds Middle School
- High School: Burlington High School
- School District: Burlington School District
- MLS#: 5023531
- Website: https://www.raveis.com
/prop/5023531/9hydestreet_burlington_vt?source=qrflyer
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 PrimMLS. 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 12/4/2024Listing courtesy of KW Vermont-Stowe Phone: 802-760-3100
Listing Agent: Grant Wieler
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
9 Hyde Street, Burlington, VT, 05401
$549,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
| Monthly Tax Payment | $660 | $660 | $660 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,885 | $2,885 | $3,677 |
| Total Monthly Payment | $3,637 | $3,637 | $4,429 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484