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Listing Provided By Kara Koptiuch with Vermont Real Estate Company
$2,995,000
21-25 Elmwood Avenue, Burlington, VT 05401
0 Beds
18 Baths
9,987 sqft

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Listing Provided By Kara Koptiuch with Vermont Real Estate Company
Location, location, location! Rare opportunity to own a 19 unit multi-family in the heart of downtown Burlington. Sitting proudly next to the Federal Building/Post Office and less than a block from the top of Church Street, these units never have a vacancy. Property includes stand alone single family 3 bedroom carriage house and main building with 18 units, one of which is used as the maintenance office. Well maintained with numerous recent updates including new boiler and hot water tanks in the fall of 2020. Properties of this size,in this location, don't come to market often!
  • Price:
  • $2,995,000
  • Square Footage:
  • 9,987
  • Acreage:
  • 0.26
  • Year Built:
  • 1900
  • Listing ID #:
  • 4845334
  • Street Address:
  • 21-25 Elmwood Avenue
  • City:
  • Burlington
  • State:
  • Vermont
  • Postal Code:
  • 05401
  • County:
  • Chittenden
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Basement Access:
  • Interior
  • Basement Description:
  • Concrete
  • Construction Description:
  • Wood Frame
  • Construction Status:
  • Existing
  • Finished Above Ground Square Footage:
  • 9987
  • Finished Square Feet:
  • 9987
  • Foundation:
  • Concrete
  • Has Basement:
  • Yes
  • Number Of Units:
  • 19
  • Siding:
  • Brick, Vinyl Siding
  • Stories:
  • 2
  • Style:
  • Multi-Family
  • Total Building Square Footage:
  • 14655
  • Type Of Roof:
  • Shingle - Asphalt
  • Unfinished Basement Square Footage:
  • 4668
  • Year Built:
  • 1900
  • Gross Income:
  • 218210
  • Net Operating Income:
  • 145112.01
  • Operating Expense:
  • 73097
  • Conforms To Zoning:
  • Res-High Denisity
  • Lot Description:
  • City Lot
  • Lot Square Footage:
  • 11326
  • Road Frontage:
  • 75
  • Road Type:
  • Public
  • Days On Market:
  • 237
  • Price Per Square Foot:
  • 299.89
  • Property Taxes:
  • $39,653
  • Tax Year:
  • 2021
  • Driveway:
  • Common/Shared
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Hot Water
  • Heating Fuel:
  • Electric, Gas - Natural
  • Sewage Type:
  • Public
  • Water Heater:
  • Gas - Natural
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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 Kara Koptiuch with Vermont Real Estate Company
  • VMONT