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    • Listing Provided By Rebecca Racine with KW Vermont
    DESCRIPTION

    Extremely rare opportunity in Burlington's most updated part of town. While fully functional, the building needs updating and some renovation to realize its full potential of being a higher end rental. This 2 unit, 5 bedroom investment property is just one block from the newly redone City Hall park and right next door to several brand new upscale apartment buildings. Within a 5 minute walk you have access to the boutiques, coffee shops and restaurants on the Church Street Marketplace, you will feel the breeze of Lake Champlain's waterfront park, enjoy the family friendly activities at the Leahy Echo Center and the Flynn Theater. You will have 2 rental units or have a fantastic owner occupied building with enough rent form the second unit to cover much of the monthly expense or rent to a business in this commercially zoned district. Systems are updated including complete re-wiring of the entire electrical system, 2 hot water heaters, heating system running off of Burlington Natural Gas lines, windows and plumbing. You will enjoy the character of, The Little House nestled in the heart of the city.

    KEY DETAILS
    • Price:
    • $1,200,000
    • Bedrooms:
    • 5
    • Full Baths:
    • 2
    • Square Footage:
    • 2,714
    • Acreage:
    • 0.06
    • Year Built:
    • 1885
    • MLS #:
    • 4848618
    • Street Address:
    • 123 King Street
    • City:
    • Burlington
    • State:
    • VT
    • Postal Code:
    • 05401
    • County:
    • Chittenden
    • Listing Status:
    • For Sale - Active

    Building

    • Basement Access:
    • Interior
    • Basement Description:
    • Bulkhead, Concrete Floor, Dirt Floor, Unfinished
    • Building Color:
    • White
    • Construction Description:
    • Wood Frame
    • Construction Status:
    • Existing
    • Finished Above Ground Square Footage:
    • 2714
    • Finished Square Feet:
    • 2714
    • Flooring:
    • Carpet, Laminate, Vinyl, Wood
    • Foundation:
    • Stone
    • Has Basement:
    • Yes
    • Number Of Units:
    • 2
    • Siding:
    • Vinyl Siding
    • Stories:
    • 3
    • Style:
    • Victorian
    • Total Building Square Footage:
    • 3639
    • Type Of Roof:
    • Slate
    • Unfinished Basement Square Footage:
    • 925
    • Unit1 Bathrooms:
    • 1
    • Unit1 Bedrooms:
    • 2
    • Unit1 Square Footage Range:
    • 925
    • Unit1 Total Rooms:
    • 4
    • Unit2 Bathrooms:
    • 1
    • Unit2 Bedrooms:
    • 3
    • Unit2 Square Footage Range:
    • 1790
    • Unit2 Total Rooms:
    • 5
    • Year Built:
    • 1885

    Land

    • Conforms To Zoning:
    • Residential, Commercial
    • Lot Description:
    • City Lot, Corner, Curbing, Neighbor Business, Sidewalks
    • Lot Square Footage:
    • 2614
    • Road Frontage:
    • 42
    • Road Type:
    • Paved, Public

    Listing

    • Days On Market:
    • 1

    Money

    • Price Per Square Foot:
    • 442.15
    • Property Taxes:
    • $7,105
    • Tax Year:
    • 2020

    Structures

    • Parking Description:
    • None, On Street, Paid

    Systems

    • Electricity:
    • 200 Amp
    • Existing Water:
    • Public
    • Heating:
    • Hot Water
    • Heating Fuel:
    • Gas - Natural
    • Sewage Type:
    • Public
    • Water Heater:
    • Electric, Owned

    Source

    VMONT
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