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Courtesy of Nancy Warren of Coldwell Banker Hickok and Boardman: .

39-41 King Street

Burlington, VT 05401
  • $829,000
  • STATUS: Active Under Contract
  • ON SITE: 115 Days
  • MLS #: 5000890
Under Contract
UPDATED: 66 min ago
$829,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,844
    SQFT
  • $216
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Ratings & Info

Description

Welcome to your new investment opportunity! This multi-family 4-unit building presents a lucrative prospect for both investors and residents alike. Situated near the tranquil waterfront, residents can enjoy the serene beauty of nature while still being within arm's reach of urban conveniences. Each unit within this property offers its own unique appeal, with ample space and privacy for comfortable living. However, the real potential lies in the opportunity for upgrades. Imagine the possibilities once several of the units are renovated to modern standards, attracting higher rents and increasing overall property value. But that's not all, one of the units has already undergone a transformation. The 2-bedroom first floor unit boasts a fresh rehab, featuring contemporary finishes and new appliances. In a region where parking can be a challenge, this property stands out with its rare offering of 4 designated parking spaces. Residents can rest assured knowing they have a secure spot waiting for them right at home. Convenience is key, and this property delivers. With amenities such as shops, restaurants, and recreational facilities just a stone's throw away, residents can enjoy the best of both worlds " the tranquility of being within minutes to the waterfront combined with the ease of access to everyday essentials.

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© Copyright 2024 PrimeMLS. 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 PrimeMLS. 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 2024-10-11T00:06:38.467.
www.mcguirkproperties.com/homes/151742152
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39-41 King Street Burlington, VT 05401

  • Price: $829,000
  • Status: Active Under Contract
  • On Site: 115 Days
  • Updated: 66 min ago
  • MLS #: 5000890
9
Beds
0
Baths
0
½ Baths
0.11
Acres
3,844
SQFT
$216
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
Property Description
Welcome to your new investment opportunity! This multi-family 4-unit building presents a lucrative prospect for both investors and residents alike. Situated near the tranquil waterfront, residents can enjoy the serene beauty of nature while still being within arm's reach of urban conveniences. Each unit within this property offers its own unique appeal, with ample space and privacy for comfortable living. However, the real potential lies in the opportunity for upgrades. Imagine the possibilities once several of the units are renovated to modern standards, attracting higher rents and increasing overall property value. But that's not all, one of the units has already undergone a transformation. The 2-bedroom first floor unit boasts a fresh rehab, featuring contemporary finishes and new appliances. In a region where parking can be a challenge, this property stands out with its rare offering of 4 designated parking spaces. Residents can rest assured knowing they have a secure spot waiting for them right at home. Convenience is key, and this property delivers. With amenities such as shops, restaurants, and recreational facilities just a stone's throw away, residents can enjoy the best of both worlds " the tranquility of being within minutes to the waterfront combined with the ease of access to everyday essentials.
Exterior Features

Architectural Style Apartment Building Construction Materials Wood FrameWood Siding Driveway Paved Has Garage No Lot Features CornerCurbingStreet Lights Road Frontage Yes Road Frontage Length 144 Roads Public Roof MembraneMetalShingle - AsphaltSlate

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation Axle Has Basement Yes Heating Gas Heater Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Auction No Construction Status Existing Electric 220 Volt Flood Zone Unknown Foreclosed / Bank Owned / REO No Heat Fuel Gas - Natural Planned Urban Developmt No Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 16120.32 Tax Year 2023 Taxes Tbd No Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 2 Unit1 Info Appliances Included Unit1 Rental Amount 1800 Unit1 Tenant Pays All Utilities Unit2 Rental Amount 1600 Unit2 Tenant Pays ElectricHeatHot Water Unit3 Rental Amount 1600 Unit3 Tenant Pays ElectricHeatWater Unit4 Rental Amount 800 Unit4 Tenant Pays All Utilities Utilities Cable - AvailableGas - On-Site Water Source Public Zoning Res-Multifamily

Courtesy of Nancy Warren of Coldwell Banker Hickok and Boardman: .


© Copyright 2024 PrimeMLS. 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 PrimeMLS. 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 2024-10-11T00:06:38.467.
 
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