Active
  • Listed by: 

    Paul Cannizzaro,

    Cannizzaro Real Estate 802-862-9700

    $699,000

    290-292 North Street, Burlington, VT 05401

    6beds
    2,766sqft
    : 
    Multi Family
    Built in 1899
    -- sqft lot
    $682,900 Zestimate®
    $253/sqft
    $-- HOA

    What's special

    One-bedroom unitsCoin-operated laundryTenant storageOff-street parkingSpacious two-bedroom units
    Enjoy a 7.7% cap rate on this well-Maintained 4-Unit Investment Property in Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential.Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage in the basement.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment opportunity with stable income and room for growth.Seller is licensed Broker
    140 days
    |
    168
    |
    7
    |
    • Loading
    • Loading