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DESCRIPTION

Great opportunity to own well-maintained, 17-unit mixed use building in desired downtown Burlington location! 5 commercial offices on first floor with 12 furnished residential units on first, second and third floors. Shared coin-operated laundry on first floor. All residential units include all utilities as well as basic cable and wifi. Commercial spaces include heat. Large lot with plenty of parking. Newer boiler and rubber membrane roof.

KEY DETAILS
  • Price:
  • $2,390,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 7,508
  • Acreage:
  • 0.29
  • Year Built:
  • 1964
  • Listing ID #:
  • 4666990
  • Street Address:
  • 383 College Street
  • City:
  • Burlington
  • State:
  • VT
  • Postal Code:
  • 05401
  • County:
  • Vt-Chittenden
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • Slab
  • Construction Description:
  • Masonry, Wood Frame
  • Construction Status:
  • Existing
  • Finished Above Ground Square Footage:
  • 7508
  • Finished Square Feet:
  • 7508
  • Foundation:
  • Concrete, Slab W/ Frost Wall
  • Number Of Units:
  • 17
  • Siding:
  • Brick, Cement
  • Stories:
  • 3
  • Total Building Square Footage:
  • 7508
  • Type Of Roof:
  • Membrane
  • Year Built:
  • 1964

Business

  • Annual Insurance Expenses:
  • 7350
  • Annual Maintenance Expenses:
  • 14561
  • Annual Snow Expenses:
  • 1380
  • Annual Trash Expenses:
  • 1967
  • Gross Income:
  • 230805
  • Operating Expense:
  • 88838

Land

  • Conforms To Zoning:
  • Rh
  • Lot Description:
  • City Lot
  • Lot Square Footage:
  • 12632
  • Road Frontage:
  • 86
  • Road Type:
  • Public

Listing

  • Community Features:
  • Coin Laundry
  • Days On Market:
  • 35

Money

  • Price Per Square Foot:
  • 318.33
  • Property Taxes:
  • $27,142
  • Tax Year:
  • 2016

Structures

  • Driveway:
  • Paved
  • Parking Description:
  • Off Street, On Street

Systems

  • Cooling System:
  • Wall Ac Units
  • Electricity:
  • 200 Amp
  • Existing Water:
  • Public
  • Heating:
  • Baseboard, Electric
  • Heating Fuel:
  • Electric, Gas - Natural
  • Sewage Type:
  • Public
  • Water Heater:
  • Electric, Gas - Natural, Off Boiler, Owned

Source

VMONT
School data provided by
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SCHOOL RATINGS
7

EDMUNDS ELEMENTARY SCHOOL
Elementary School
Public

n/a

EDMUNDS MIDDLE SCHOOL
Junior High School
Public

10

SOUTH BURLINGTON HIGH SCHOOL
High School
Public

NOTES

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