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Listing Provided By Mike Conroy with KW Vermont
$540,000
305 Manhattan Drive, Burlington, VT 05401
5 Beds
3 Baths
2,178 sqft

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Listing Provided By Mike Conroy with KW Vermont
This Triplex is an easy walk to downtown, colleges and all the arts and culture Burlington has to offer. With a 3 bedroom and two 1 bedroom units, this building with a well established rental history offers loads of opportunity for both the investor looking to add 5 bedrooms to their portfolio, as well as for the owner occupier looking to get started. The 3 bedroom covers the second floor and includes an awesome walk out balcony that adds to the charm and living space and is leased through next May. The 1 bedrooms downstairs are month to month and offer easy access to parking and the green space. Each of the 3 units comes with a washer and dryer and a dedicated parking spot out back for each bedroom - rare for rentals in Burlington. The deep lot currently has some fine looking gardens going and there's plenty of area to be creative. Fire and Safety has been done, EMP's are current and this building is ready to go!
  • Price:
  • $540,000
  • Bedrooms:
  • 5
  • Full Baths:
  • 3
  • Square Footage:
  • 2,178
  • Acreage:
  • 0.15
  • Year Built:
  • 1915
  • Listing ID #:
  • 4875877
  • Street Address:
  • 305 Manhattan Drive
  • City:
  • Burlington
  • State:
  • Vermont
  • Postal Code:
  • 05401
  • County:
  • Chittenden
  • Listing Status:
  • Pending
  • Listing Type:
  • ResidentialAttached
  • Basement Access:
  • Walk-Up
  • Basement Description:
  • Unfinished
  • Construction Status:
  • Existing
  • Finished Above Ground Square Footage:
  • 2178
  • Finished Square Feet:
  • 2178
  • Foundation:
  • Block, Concrete, Stone
  • Has Basement:
  • Yes
  • Number Of Units:
  • 3
  • Siding:
  • Aluminum, Vinyl Siding
  • Stories:
  • 2
  • Style:
  • Multi-Family
  • Total Building Square Footage:
  • 3134
  • Type Of Roof:
  • Shingle
  • Unfinished Basement Square Footage:
  • 956
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 1
  • Unit1 Total Rooms:
  • 3
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 3
  • Unit2 Total Rooms:
  • 5
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 1
  • Unit3 Total Rooms:
  • 3
  • Year Built:
  • 1915
  • Gross Income:
  • 46320
  • Net Operating Income:
  • 34011
  • Operating Expense:
  • 3800
  • Conforms To Zoning:
  • Residential
  • Lot Description:
  • City Lot, Level
  • Lot Square Footage:
  • 6534
  • Road Frontage:
  • 40
  • Road Type:
  • Paved
  • Days On Market:
  • 48
  • Price Per Square Foot:
  • 247.93
  • Property Taxes:
  • $8,509
  • Tax Year:
  • 2021
  • Driveway:
  • Gravel
  • Parking Description:
  • Off-Site, Parking Spaces 5
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Baseboard
  • Heating Fuel:
  • Gas - Natural
  • Sewage Type:
  • Public
  • Water Heater:
  • Owned
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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 Mike Conroy with KW Vermont
  • VMONT

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