Burlington $ 405,000



Price Reduced. Live free while tenants pay the mortgage, or earn income from this duplex home.


Contact seller:   at  (802) 879-2843  burlingtonduplex@aol.com

PROPERTY ADDRESS

S. Union Street, Burlington, VT

This charming 1820s duplex in Burlington's Hill Section feels like home, not an apartment. Originally built as a single family house, the second apartment was added on to the back, so they're side-by-side. The duplex was purpose-built, and is not one of the "renovations" common in Burlington. ................................................................................................................................................... The house has pretty details, such as slate roofing with copper flashing, turned porch posts & wood shutters. Numerous large windows let in the sunshine. Custom-made front doors greet you. Large rooms with lots of closets & storage space. .................................................................................................................................................... Each apartment is around 1100+ sq. ft., and has large, sunny rooms with nice details like hardwood floors, built-ins, exposed brick walls and walk-in closets. Each has 2 bedrooms, bath on the 2nd floor; LR, DR and kitchen on the 1st. Private porches and entries, with excellent soundproofing between them. There is also a shed, cellar and garage. ................................................................................................................................................... The large yard has mature perennial gardens with lilacs, bride's veil, peonies, iris, bachelor buttons, tulips, day lilies, violets, columbine, flox, primrose, and more. ................................................................................................................................................... The house is updated with energy-efficient natural-gas furnaces & water heaters, insulation, plumbing & electrical, appliances & fixtures. Municipal Water & Sewage. Each apartment has an electric range, refrigerator, washer, dryer. Separate utilities. Hardwired, photoelectric smoke & CO detectors. .................................................................................................................................................... The apartments are easy to rent, and tenantes average 2+ years. These apartments feel like home, and tenants like them. Rent for 2013-2014: $35,760. Rents are low according to realtors, so you could have a rent increase bringing the rent to $40,800 or more. Tenants pay utilities except water and garbage. ............................................................................................................................................. Owner-occupants can count rent as income, therefore qualifying for the loan, AND deduct house repairs or maintenance. A very affordable way to live! .................................................................................................................................................. MORE INFO & PHOTOS and to set up a showing (buyer brokers welcome): Burlingtonduplex@aol.com or 802-879-2843

Basic Features
  • Square Footage (finished space) 2200 SF
  • Bedrooms 4
  • Baths 2

Additional Features
  • Special Features: Porch
  • Rooms: Dining Room, Foyer, Laundry
  • Flooring: Hardwood, Linoleum
  • Garage: Attached, One Car
  • Basement: Unfinished, Walkout
  • Heating Sources: Natural Gas
  • Property Type: Duplex
Property ID: #6711
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