Burlington, VT 05401,51 Intervale AVE
Burlington, VT 05401,51 Intervale AVE
Burlington, VT 05401,51 Intervale AVE
Burlington, VT 05401,51 Intervale AVE
Burlington, VT 05401,51 Intervale AVE
Burlington, VT 05401,51 Intervale AVE
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Listed by Flex Realty Group • Flex Realty
Bought with Mark Montross • Catamount Realty Group

$639,900

$639,900

Est.Price: ?

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Est. payment /mo

7 Beds

3 Baths

2,591 SqFt


SOLD DATE : 06/28/2024

Key Details

Sold Price $639,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,591 sqft

Price per Sqft $246

MLS Listing ID 5003142

Sold Date 06/28/24

Bedrooms 7

Full Baths 3

Construction Status Existing

Year Built 1899

Annual Tax Amount $11,741

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Residential - MD

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Heating Gas - Natural

Cooling None

Flooring Carpet, Laminate, Vinyl, Vinyl Plank

Exterior

Garage Description Driveway, Off Street, On Street, Parking Spaces 3

Utilities Available Gas - Underground

Roof Type Slate

Building

Story 2.5

Foundation Concrete, Stone

Sewer Metered, Public

Construction Status Existing

Schools

Elementary Schools Integrated Arts Academy

Middle Schools Edmunds Middle School

High Schools Burlington High School

School District Burlington School District

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