198-200 King St, Burlington, VT 05401

$1,099,000
4,773
SqFt

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Listing courtesy of The Steve Audette Team from Coldwell Banker Hickok and Boardman. (Phone: 802-846-8800)

List Price
$1,099,000
Status
ACTIVE
MLS#
5082429
Price Change
▼ $51,000 1783383907
Living Area
4,773
Lot Size
3,485
Acres
0.08
Year Built
1915

Property Description

Well-located, 6-unit, brick multi-family property just moments from the Church Street Marketplace, with immediate access to downtown Burlington's coveted retail, dining, and employment hubs. The desirable apartment mix includes five 1-bedroom apartments and one 4-bedroom unit, offering flexibility across tenant profiles and strong rental demand! Recent capital improvements include updated electrical systems with separate panels for each unit. Tenants pay their own heat and electricity for low owner's operating expenses. Additional features include front and rear porches, a large full basement for storage, and a current Certificate of Occupancy from the City valid through 2031. A centrally located, turn-key multi-family with long-term potential in Burlington's core rental market.

Additional Information

Taxes
$12,636
Listing Agent
The Steve Audette Team
Listing Office
Coldwell Banker Hickok and Boardman
Style
Multi-Family
Electric
Circuit Breakers
Utilities
Cable Available
Basement
Unfinished
Foundation
Brick/Mortar, Stone
Sewer
Public Sewer
Roof
Slate
Zoning
RH
Water
Public

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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