Listing Provided Courtesy Of:
Kara Koptiuch with Vermont Real Estate Company.
Address
21-25 Elmwood Avenue Burlington, VT
Price
$ 2,895,000
Property Attributes
  • MLS#4845334
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleMulti-Family
  • Year Built1900
  • Taxes$ 60506
  • Price$ 2,895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14655
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
Kara Koptiuch with Vermont Real Estate Company.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

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 History
1/27/2021 Listed $2,995,000
9/22/2021 4% - $2,895,000

General Features

Area Description In Town, Near Shopping, Suburban, Near Public Transportatn
Assessment Amount 2784600
Basement Yes
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Flood Zone No
Garage No
Heating Hot Water
Listing Area VT-Chittenden
Net Income 134338.81
Price Per Sq Ft 289.88
Road Frontage Yes
Roof Shingle - Asphalt
School District Burlington School District
Sewer Public
Status Active
Stories 2
Style Multi-Family
Tax Year 2021
Utilities Other
Water Public
Water Heater Gas - Natural
Year Built 1900
Zoning Res-High Denisity

Interior Features

Basement Access Type Interior
Basement Description Concrete
Heating Fuel Electric, Gas - Natural
Sqft-apx Fin Above Grade 9987
Sqft-apx Total 14655
Sqft-apx Total Finished 9987
Sqft-apx Unfn Below Grade 4668
Total 1 Br Units 15
Total 2 Br Units 2
Total 3+ Br Units 1
Total Full Baths 18
Total Number of Units 19

Exterior Features

Driveway Common/Shared
Exterior Brick, Vinyl Siding
Foundation Concrete
Lot Description City Lot
Lot Size Area 0.26
Road Frontage Length 75
Roads Public
Total Gas Meters 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $850K
$2.9M
Taxes
AVG $15,624
$60,506
Visits
AVG 96
135
Year Built
AVG 1911
1900
Walkscore
AVG 79
96
Data Provided by Walkscore ® not using MLS data

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