Attention investors! Don't miss out on this rare opportunity to own a meticulously maintained 10-unit apartment building in the heart of downtown Burlington. The apartments are thoughtfully designed, offering ample space, high ceilings, and large windows that allow for abundant natural light. Many units boast hardwood floors, new appliances, natural or painted wood cabinetry, tile showers, and updated carpet or vinyl flooring. The property has undergone significant capital improvements, including a new slate and copper roof, all new boilers, owned hot water heaters (3 new), and a coin-operated laundry room with 2 new washers and 2 new dryers. The property is fully leased, and in compliance with Minimum Housing Standards through 2026. Please note that parking is not available on the premises; on-street parking only. Interior photos were taken during vacancies. Agent is related to the seller.
Closed
Listed by:
Jessica Laffal,
Element Real Estate Cell:802-233-5263
Bought with: Coldwell Banker Carlson Real Estate
$2,200,000
60 Clarke Street, Burlington, VT 05401
--beds
--baths
9,280sqft
Multi Family
Built in 1899
-- sqft lot
$2,112,500 Zestimate®
$237/sqft
$2,075 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 21, 2023 at 09:26am
Listed by:
Jessica Laffal,
Element Real Estate Cell:802-233-5263
Bought with:
Smith Macdonald Group
Coldwell Banker Carlson Real Estate
Source: PrimeMLS,MLS#: 4952616
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 10
Heating
- Natural Gas, Hot Water, Radiator
Cooling
- None
Appliances
- Included: Natural Gas Water Heater, Owned Water Heater, Separate Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 12,480
- Total interior livable area: 9,280 sqft
- Finished area above ground: 9,280
- Finished area below ground: 0
Property
Parking
- Parking features: None, On Street
- Has uncovered spaces: Yes
Features
- Levels: 3
Lot
- Size: 4,356 sqft
- Features: City Lot, In Town, Near Shopping, Near Public Transit, Near Hospital
Details
- Zoning description: Residential - HD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Exterior
- Foundation: Brick, Stone
- Roof: Slate
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Burlington
Other
Other facts
- Road surface type: Paved