Listed by Dave Kleh with KW Vermont 802-654-8500

Active

58-62 N Union Street

Burlington VT, 05401

$1,895,000


$315.41 per sqft

Active

10 Baths

6,008 sqft

Commercial

Built in 1992

Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown. Very well maintained with great rental history.

5020999

MLS ID

November 4, 2024

Listed

December 5, 2024

Updated

Map

58-62 N Union Street
Burlington VT, 05401

Interior Features

Total Bathrooms

10


Fireplace

No


Cooling

Yes


Cooling Description

Wall AC Units


Heating

Yes


Heating Description

Hot Air

Exterior/Building Features

Lot Size

0.2 Acres


Roof

Shingle - Asphalt, Slate


Sewer

Public

Other Property Details

Area Name

VT-Chittenden


Taxes

$33,550


Tax Frequency

Annually


Days on Market

31


Garage

No


Parking

Parking Spaces 5 - 10, Paved


View

No


Pool

No

Listing History

Date

Event

Price

12/5/2024

Price change

$1,895,000

-3%

11/14/2024

Price change

$1,950,000

-8%

Listed by Dave Kleh with KW Vermont 802-654-8500

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