Excellent investment property. Duplex containing 3 beds 1 bath each. Located near UVM and Champlain Colleges as well as UVM Medical Center and School. It is also just a short walk to the vibrant Burlington Downtown and all it has to offer. Easy to rent. The off street parking is a huge plus when trying to attract young professional tenants. The southern part of South Winooski which this is definitely part of is quiet and also perfect for recent graduates. Improvements over the years include deck repairs, roof, furnace, flooring, cabinets, sinks, showers, paint in and out, and the most recent big repair was brand new windows. Open house will be held on Thursday 5-11-2023 from 1pm to 3pm. The tenants will vacate for this 2 hour window so just text and come. It is priced very aggressively so be prepared to submit your bid by the 14th of May at 5pm. Owner is a licensed real estate broker in VT. Tenants pay on time however will move out if I pay them. They will also sign a longer lease if that is your preference. I have a few videos, please text if you want to see them.
Closed
Listed by:
Peter M Yee,
Yellow Sign Commercial Inc. 802-598-0006
Bought with: Yellow Sign Commercial Inc.
$745,000
387-389 South Winooski Avenue, Burlington, VT 05401
6beds
3,510sqft
Multi Family
Built in 1920
-- sqft lot
$870,300 Zestimate®
$212/sqft
$2,992 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2023 at 01:02am
Listed by:
Peter M Yee,
Yellow Sign Commercial Inc. 802-598-0006
Bought with:
Peter M Yee
Yellow Sign Commercial Inc.
Source: PrimeMLS,MLS#: 4951623
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Vented Gas Heater
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Concrete,Daylight,Storage Space,Exterior Entry,Walk-Out Access
Interior area
- Total structure area: 5,265
- Total interior livable area: 3,510 sqft
- Finished area above ground: 2,340
- Finished area below ground: 1,170
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage, Parking Spaces 5 - 10, Underground
- Garage spaces: 2
Features
- Levels: Two
Lot
- Size: 4,792 sqft
- Features: City Lot
Details
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Asphalt Exterior, Wood Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 110 Volt
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site
Community & neighborhood
Location
- Region: Burlington