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Listing Provided By Mikail Stein with RE/MAX North Professionals
$1,200,000
68 Walnut Street, Burlington, VT 05401
11 Beds
6 Baths
4,333 sqft

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Listing Provided By Mikail Stein with RE/MAX North Professionals
This is a unique opportunity to own two buildings on one parcel that have both been beautifully updated. One building is a fantastic duplex zoned for 8 bedrooms but currently operating as two 3 bedroom apartments. The second building is an updated four-plex with four 1 bedroom apartments. A projected CAP rate of 6.53% indicates a strong investment within walking distance of Church Street, and across the street from Roosevelt Park in the ever growing O.N.E. This property is also being sold as part of a portfolio with several other multi-families. See MLS #'s: 4853254 , and 4853257.
  • Price:
  • $1,200,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 6
  • Square Footage:
  • 4,333
  • Acreage:
  • 0.18
  • Year Built:
  • 1899
  • Listing ID #:
  • 4853256
  • Street Address:
  • 68 Walnut Street
  • City:
  • Burlington
  • State:
  • Vermont
  • Postal Code:
  • 05401
  • County:
  • Chittenden
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Basement Access:
  • Walkout
  • Basement Description:
  • Walkout
  • Construction Status:
  • Existing
  • Exterior Features:
  • Balcony, Garden Space, Porch, Porch - Covered, Storage
  • Finished Above Ground Square Footage:
  • 4333
  • Finished Square Feet:
  • 4333
  • Flooring:
  • Carpet, Laminate
  • Foundation:
  • Fieldstone, Other
  • Has Basement:
  • Yes
  • Number Of Units:
  • 6
  • Siding:
  • Brick, Vinyl
  • Stories:
  • 2
  • Style:
  • Apartment Building, Multi-Family
  • Total Building Square Footage:
  • 7165
  • Type Of Roof:
  • Membrane, Slate
  • Unfinished Above Ground Square Footage:
  • 553
  • Unfinished Basement Square Footage:
  • 2279
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 3
  • Unit1 Square Footage Range:
  • 1225
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 4
  • Unit2 Square Footage Range:
  • 1000
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 1
  • Unit3 Square Footage Range:
  • 527
  • Unit4 Bathrooms:
  • 1
  • Unit4 Bedrooms:
  • 1
  • Unit4 Square Footage Range:
  • 527
  • Unit5 Bathrooms:
  • 1
  • Unit5 Bedrooms:
  • 1
  • Unit5 Square Footage Range:
  • 527
  • Unit6 Bathrooms:
  • 1
  • Unit6 Bedrooms:
  • 1
  • Unit6 Square Footage Range:
  • 527
  • Year Built:
  • 1899
  • Gross Income:
  • 110400
  • Net Operating Income:
  • 78313.56
  • Operating Expense:
  • 32087
  • Conforms To Zoning:
  • Res
  • Lot Description:
  • City Lot, Level, Sidewalks
  • Lot Square Footage:
  • 7841
  • Road Type:
  • Public
  • Days On Market:
  • 37
  • Price Per Square Foot:
  • 276.94
  • Property Taxes:
  • $20,302
  • Tax Year:
  • 2021
  • Driveway:
  • Concrete
  • Parking Description:
  • Off Street, Parking Spaces 6+
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Baseboard, Hot Air, Hot Water, Monitor Type
  • 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 Mikail Stein with RE/MAX North Professionals
  • VMONT

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