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Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
$749,500
57-59 Lakeside Avenue, Burlington, VT 05401
4 Beds
4 Baths
2,352 sqft

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Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
Recently updated 3 unit apartment building located directly across from South End's new class A Hula tech campus in the coveted Lakeside neighborhood and 300 feet from the beach! Excellent owner-occupied opportunity with Airbnb or short term rental potential! Originally constructed and managed by the Queen City Cotton Company for its employees, the entire neighborhood is now one of the most convenient and desirable locations in Burlington. The building was stripped to the studs and totally renovated in 2004 with upgrades to electrical, heating, and plumbing systems. The property includes three units: a 2-bedroom and two 1-bedroom apartments, off street parking, lovely private porches, and a detached garage. Easy access to downtown via the Bike Path or Pine Street and a few steps to the Burlington Surf Club, Oakledge and Lakeside Park, Blanchard Beach, and St. John's Club. Building lot to the East with detached garage not included in this listing. With significant upsides on rent, it's the perfect time to invest in one of the most exciting neighborhoods in Burlington!
  • Price:
  • $749,500
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 2,352
  • Acreage:
  • 0.16
  • Year Built:
  • 1899
  • Listing ID #:
  • 4811428
  • Street Address:
  • 57-59 Lakeside Avenue
  • City:
  • Burlington
  • State:
  • Vermont
  • Postal Code:
  • 05401
  • County:
  • Chittenden
  • Listing Status:
  • Active
  • Basement Access:
  • Interior
  • Basement Description:
  • Bulkhead, Full, Unfinished
  • Building Color:
  • Grey
  • Construction Description:
  • Wood Frame
  • Construction Status:
  • Existing
  • Exterior Features:
  • Porch - Covered, Porch - Screened
  • Finished Above Ground Square Footage:
  • 2352
  • Finished Square Feet:
  • 2352
  • Foundation:
  • Stone
  • Has Basement:
  • Yes
  • Number Of Units:
  • 3
  • Siding:
  • Vinyl Siding
  • Stories:
  • 2
  • Style:
  • Multi-Family
  • Total Building Square Footage:
  • 4032
  • Type Of Roof:
  • Slate
  • Unfinished Above Ground Square Footage:
  • 336
  • Unfinished Basement Square Footage:
  • 1344
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 1
  • Unit1 Total Rooms:
  • 3
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 1
  • Unit2 Total Rooms:
  • 3
  • Unit3 Bathrooms:
  • 2
  • Unit3 Bedrooms:
  • 2
  • Unit3 Total Rooms:
  • 5
  • Year Built:
  • 1899
  • Gross Income:
  • 42120
  • Net Operating Income:
  • 24876
  • Operating Expense:
  • 17244
  • Conforms To Zoning:
  • Rlw
  • Lot Description:
  • City Lot
  • Lot Square Footage:
  • 6970
  • Road Frontage:
  • 50
  • Road Type:
  • Public
  • Days On Market:
  • 171
  • Price Per Square Foot:
  • 318.66
  • Property Taxes:
  • $10,414
  • Tax Year:
  • 2020
  • Driveway:
  • Paved
  • Garage Capacity:
  • 2
  • Garage Type:
  • Detached
  • Has Garage:
  • Yes
  • Parking Description:
  • Off Street
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Hot Air, Space Heater
  • Heating Fuel:
  • Gas - Natural
  • Sewage Type:
  • Public
  • Water Heater:
  • Tank
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
  • VMONT
  • Schools information provided by ATTOM

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