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Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
$3,400,000
207 South Union Street, Burlington, VT 05401
0 Beds
19 Baths
22,589 sqft

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Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
Rare large Investor opportunity to acquire a fully occupied turn key complex encompassing 4 adjacent buildings surrounded by parking in the heart of Burlington. This Multi Family portfolio consists of 19 units with 37 bedrooms offering strong current rents with attractive upside potential. Anchored by an exceptional 7-unit brick building on South Union Street with an attached 4-unit addition over 5 garages bays. Also includes an inviting 5-unit on Maple Street plus a separate 3-unit carriage house. Extremely convenient location for residents looking to be near downtown/waterfront, University of Vermont or Champlain College. The 207 South Union Street portfolio offers one of the most desirable locations in Burlington for students or professionals looking for immediate access to all that Burlington has to offer.
  • Price:
  • $3,400,000
  • Square Footage:
  • 22,589
  • Acreage:
  • 0.66
  • Year Built:
  • 1920
  • Listing ID #:
  • 4832150
  • Street Address:
  • 207 South Union Street
  • City:
  • Burlington
  • State:
  • Vermont
  • Postal Code:
  • 05401
  • County:
  • Chittenden
  • Listing Status:
  • Pending
  • Basement Access:
  • Interior
  • Basement Description:
  • Finished, Unfinished
  • Construction Description:
  • Wood Frame
  • Construction Status:
  • Existing
  • Exterior Features:
  • Porch - Covered, Porch - Enclosed
  • Finished Above Ground Square Footage:
  • 19801
  • Finished Basement Square Footage:
  • 2788
  • Finished Square Feet:
  • 22589
  • Flooring:
  • Hardwood
  • Foundation:
  • Brick, Stone
  • Has Basement:
  • Yes
  • Number Of Units:
  • 19
  • Siding:
  • Brick, Cedar
  • Stories:
  • 2
  • Style:
  • Apartment Building, Multi-Family
  • Total Building Square Footage:
  • 25112
  • Type Of Roof:
  • Shingle, Slate
  • Unfinished Basement Square Footage:
  • 2523
  • Year Built:
  • 1920
  • Gross Income:
  • 338120
  • Net Operating Income:
  • 236954
  • Operating Expense:
  • 101166
  • Conforms To Zoning:
  • Rhd
  • Lot Description:
  • City Lot
  • Lot Square Footage:
  • 28750
  • Road Type:
  • Paved, Public
  • Days On Market:
  • 62
  • Price Per Square Foot:
  • 171.71
  • Property Taxes:
  • $61,713
  • Tax Year:
  • 2020
  • Driveway:
  • Paved
  • Garage Capacity:
  • 5
  • Garage Type:
  • Under
  • Has Garage:
  • Yes
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Space Heater
  • Heating Fuel:
  • Gas - Natural
  • Sewage Type:
  • Public
  • Water Heater:
  • Owned
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lipkin Audette Team with Coldwell Banker Hickok and Boardman
  • VMONT

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