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

Active

58-62 North Union Street

Burlington VT, 05401

$1,950,000


$324.57 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.

5020999

MLS ID

November 4, 2024

Listed

November 22, 2024

Updated

Map

58-62 North 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

16


Garage

No


Parking

Parking Spaces 5 - 10, Paved


View

No


Pool

No

Listing History

Date

Event

Price

11/14/2024

Price change

$1,950,000

-8%

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

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