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Maple Sweet Real Estate

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 6.6% last updated on 2023-03-23

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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      20-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 0540120-22 Ward Street Burlington VT 05401
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      4403 Main Street PO Box 703
      Waitsfield VT, 05673

      Office: 1.802.496.9800

      • 4Bathrooms
      • 2,816Square Feet
      • 0.15Acreage
      • 1899Year Built
      Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties (Off: 802-862-9106)

      Driving Directions

      Wonderful Burlington, VT North End investment opportunity! With both a duplex-style and a single-family style building located on the same .15 /- acre lot, the property consists of 3 living units that share a huge driveway and parking area. All units are currently leased. The current gross income is $105,600 per year with total tax and operating expenses of $19,053 per year. By June 1, 2023, the seller anticipates income of $111,000 with a net of $91,947 for a cap rate at list price of almost 7%. The duplex features two 3-bedroom apartments with a basement storage area. The single-family style building is located at the back of the lot and offers 4 bedrooms, 2 bathrooms, a nice living area, a big kitchen, and a lovely front deck. Both buildings share a small yard with picnic benches for the tenants' shared enjoyment. Off-street parking is never an issue with the large driveway. Seller has historically repainted and made repairs to the units at each tenant changeout, and the units are in good condition. Seller is in the process of requesting an updated rental compliance inspection. Rental registry is due April 1. A new roof was installed on the duplex in 2021. Seller had 50% of the duplex exterior and 75% of the single-family exterior painted in 2020. The property is just before the intersection of Ward Street and North Ave. Easy access to the bus service, UVM, Champlain College, and hospital.

      Ask A Question

      Call: 1-802-793-1515 1-802-496-9800

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      More Info

      Basic Information

      • StatusACT
      • List Price$1,350,000
      • Date Price Change02/07/2023
      • MLS Number4942613
      • MLS StatusActive

      Property

      • Acreage0.15
      • Parking Spaces
      • Lot DescriptionCity Lot, Level, Open, Sidewalks, Street Lights
      • Square Feet2,816
      • APX Fin AG Sqft2,816
      • Road Frontage50
      • RoadsPaved, Public
      • AreaIn Town, Near Public Transportatn, Near Shopping, Neighborhood

      Utilities

      • Heat FuelGas - Natural
      • Heat SystemBaseboard, Hot Water
      • WaterPublic, Public Water - On-Site
      • Water HeaterGas - Natural
      • ElectricCircuit Breaker(s), On-Site
      • SewerPublic, Public Sewer On-Site
      • UtilitiesCable - Available, Fiber Optic Internt Avail, High Speed Intrnt -Avail, Telephone Available

      Location

      • TownBurlington
      • StateVT
      • Zip05401
      • CountyChittenden
      • ZoningResidential - Medium Dens
      • Elementary SchoolAssigned
      • Junior HighEdmunds Middle School
      • High SchoolBurlington High School
      • Flood Zone Y/NUnknown

      Interior

      • FloorsCarpet, Combination, Laminate, Vinyl, Wood

      Exterior

      • ExteriorClapboard
      • RoofShingle - Asphalt, Slate
      • Exterior ColorBlue

      Amenities

      • Exterior AmenitiesFence - Partial, Porch - Covered

      Water Body

      • Water AccessNo
      • Water ViewNo

      Other

      • Taxes$15,203
      • Seasonal Y/NNo
      • Unit 1 Deposit$4,000
      • Unit 2 Rent Amount$2,550
      • Unit 3 Rent Amount$2,250
      • View Count4

      Building

      • Year Built1899
      • Building ConstructionWood Frame
      • StyleDeck House, Multi-Family, Other
      • Units3
      • Unit 1 Bath1
      • Unit 1 Bedrooms4
      • Unit 1 Floor Location22 Ward
      • Unit 1 Total Rooms6
      • Unit 2 Bath1
      • Unit 2 Bedrooms3
      • Unit 2 Floor Location20A Ward
      • Unit 2 Total Rooms5
      • Unit 3 Bath2
      • Unit 3 Bedrooms3
      • Unit 3 Floor Location20B Ward
      • Unit 3 Total Rooms5
      • # of 3+ Bedrooms3
      • Bathroom4
      • Total Baths4
      • BasementExterior Access, Interior Access, Unfinished
      • FoundationBrick, Concrete, Stone
      Broker Reciprocity 

      Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 29, 2023 3:23 AM EDT

       

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