Burlington $ 196,500



4 Bedrooms, 1 baths House/Condo at 1356 North Avenue


Contact seller:   at  (802) 318-4286  frenchaln@hotmail.com

PROPERTY ADDRESS

1356 North Ave Burlington, VT

Investors, pay attention. Income $22,500/year. Taxes $4700, insurance $640, lawn,snow and trash $1440. So net= $15,720

So cap rate is $15720/$196 500 X 100= 8%

And what's great about this one: there is nothing to do. Windows are new, roof is new, electricity redone, new bathroom, floors redone, fresh paint in/out, new hot water tank (owned).

There is nothing to do!

Tenants pay all utilities, including water

Basic Features
  • Bedrooms 4
  • Baths 1

Additional Features
  • Rooms: Dining Room, Laundry
  • Flooring: Hardwood
  • Garage: One Car
  • Basement: Unfinished
  • Heating Sources: Natural Gas
  • Property Type: Condo, Single Family
Property ID: #8154
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