61 Elmwood AVE, Burlington, VT 05401
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61 Elmwood AVE, Burlington, VT 05401
61 Elmwood AVE, Burlington, VT 05401
61 Elmwood AVE, Burlington, VT 05401
61 Elmwood AVE, Burlington, VT 05401
Listed by Kara Koptiuch • Vermont Real Estate Company
Bought with Smith Macdonald Group • Coldwell Banker Carlson Real Estate

$2,187,500

Est. payment /mo

$2,225,000

1.7%
Est.Price: ?

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61 Elmwood AVE Burlington, VT 05401

8 Beds

8 Baths

7,296 SqFt

SOLD DATE : 09/16/2021

Key Details

Sold Price $2,187,500

Property Type Multi-Family

Sub Type Colonial,Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,296 sqft

Price per Sqft $299

MLS Listing ID 4794433

Sold Date 09/16/21

Style Colonial,Multi-Family

Bedrooms 8

Full Baths 8

Construction Status Existing

Year Built 1920

Annual Tax Amount $34,396

Tax Year 2019

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Colonial,Multi-Family

Property Description

Location, location, location!! Excellent investment opportunity to own 16 CONDOS in one of Burlington's most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. This low maintenance complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property is condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Residential-High Density

Rooms

Basement Entrance Walk-up

Basement Exterior Access

Interior

Heating Electric, Gas - Natural

Cooling None

Flooring Hardwood, Tile

Exterior

Exterior Feature Brick, Vinyl Siding, Wood Siding

Garage Description Off Street

Utilities Available Internet - Cable

Roof Type Membrane,Standing Seam

Building

Lot Description City Lot

Story 2

Foundation Stone

Sewer Public

Water Public

Construction Status Existing

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