Own a piece of Burlington Rental market with this 2-bedroom, 1-bathroom condo, already generating income with a stable tenant in place! This fantastic condo offers a worry-free investment in a high-demand area, all while being at the rental cap for the complex, meaning no competition for future tenants! Here's why this condo is the perfect investment: Reliable Cash Flow: Enjoy immediate income with a responsible tenant occupying the unit. No vacancy headaches! Lease through 6/30/24) Turnkey Condition: Upgraded flooring in the bathroom and kitchen gives the condo a modern and well-maintained feel. Low-Maintenance Living: Relax knowing the building's exterior maintenance, amenities, and heat/hot water are taken care of by the condo association. Strong Rental Market: Burlington boasts a thriving rental market, guaranteeing high occupancy rates and stable rental income. (I haven't had a day of vacancy in the 5.5 years I've owned the property) Rental Cap Advantage: With the complex at rental capacity, you won't face competition finding future tenants, securing your long-term investment. Additional Features: - 2 spacious bedrooms with ample closet space - Balcony off of the living room - Open Concept kitchen (open to dining and living rooms) - Convenient in-unit laundry - Garage parking If you are interested (and qualified), please don't hesitate to reach out and I will provide more information/photos. Seller will pay 2.5% sellers agent commission.
Off market
$287,000
145 Hildred Dr, Burlington, VT 05401
2beds
820sqft
Condo
Built in 1992
-- sqft lot
$287,000 Zestimate®
$350/sqft
$2,145 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet
Interior area
- Total interior livable area: 820 sqft
Property
Parking
- Parking features: Garage - Attached
Details
- Parcel number: 11403516504
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1992
Community & neighborhood
Location
- Region: Burlington
Other
Other facts
- Garage parking
- Pet Friendly
- Sundeck
- WD Hookup