Burlington $ 799,000



2 Adjoining Investment Income Buildings


Contact seller:   at  (802) 355-0888  aptsinbtv@gmail.com

PROPERTY ADDRESS

211 & 213 North Winooski Avenue Burlington, VT

Buildings adjoin and are marketed to sell together –a total of 6 units. Well maintained buildings share a driveway, parking, storage, fenced rear yard and coin operated laundry. Located in newly updated North End within walking distance to restaurants, downtown, bike path, University and Medical Center. Solid investment income with a Total Gross Income Annually of approximately $69,000 and Net Income of over $40,000. Each unit has separate heating and electric. Tenants pay all utilities except water. Rents are currently below market rate – with solid rental income history. Detailed information with year over year rental history and income can be provided to interested buyers. Great option to owner occupy at least one unit or purchase for students who are attending UVM. Building 211 has 2 one bedroom units- each approximately 640 square feet. Building 213 has 4 units - 2 one bedroom (425 square feet) and 2 two bedroom units (750 square feet). Three of the four units have hardwood floors.

Basic Features
  • Square Footage (finished space) 3630 SF
  • Bedrooms 8
  • Baths 6

Additional Features
  • Special Features: Outbuilding, Porch
  • Rooms: Laundry
  • Flooring: Carpet, Hardwood, Linoleum
  • Basement: Full, Unfinished
  • Heating Sources: Natural Gas
  • Property Type: Investment
Property ID: #9310
View Map