Multi-Family for Sale: 214-216 Pine Street, Burlington, VT 05401

6 beds
3 full baths
1,772 sqft
$659,000
$659,000
214-216 Pine Street, Burlington, VT 05401
6 beds
3 full baths
1,772 sqft
$659,000
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Price:
$659,000

Type Multi-Family
Style Apartment Building
Beds 6
Total Baths 3 full baths
Square Feet 1,772 sqft
Lot Size 0.04 acres
Year Built 1899
Taxes Paid $8,891

City Burlington
County Chittenden
School District Burlington School District

MLS 5015105
Status Active
DOM 41 days
Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Tank, Water Heater – Owned
Utilities Other
Construction Vinyl Siding, Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Monitor Type
Parking Description Parking Spaces 2
Sewer Public
Tax Year 2023
Taxes Paid $8,891
Water Public
Basement Description Crawl Space, Unfinished, Partial
Foundation Block
Lot Description City Lot
Roof Shingle - Asphalt
Features Exterior Porch
Garage No

Community and Schools

Senior High School Burlington High School

Unit Features

Unit 1 Apx Sqft 576
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Rental Agreement No
Unit 1 Rental Amount 1675.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style Flat
Unit 1 Tenant Pays Electric, Snow Removal, Landscaping, Internet Service, Heat
Unit 2 Apx Sqft 576
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1950.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Status Leased
Unit 2 Style Flat
Unit 2 Tenant Pays Electric, Snow Removal, Landscaping, Internet Service, Heat
Unit 3 Apx Sqft 620
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1538.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Status Month to Month
Unit 3 Style Multi-Level
Unit 3 Tenant Pays Electric, Snow Removal, Landscaping, Internet Service, Heat

Price History of 214-216 Pine Street, Burlington, VT

Date Name Price Difference
09/19/2024 Listing Price $659,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$614,285
$356 / sqft
Average
$614,285
$356 / sqft
High
$614,285
$356 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 6 3.0 $659,000 1,772 $372 N/A
60 North Willard Street Burlington 05401 6 2.0 $614,285 1,725 $356 03/29/2024

Map of 214-216 Pine Street, Burlington, VT

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Suite 1A
Marshfield, MA 02050
339-933-0932
Listed by Ridgeline Real Estate, Amanda Headley
$
20%
1.3492928679818%
6.75%
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

214-216 Pine Street (MLS #5015105) is a multi-family listing located in Burlington, VT. This multi-family listing is 1,772 sqft and on a lot of 1,742 sqft (or 0.04 acres) with 6 bedrooms, 3 baths and is 125 years old. This property was listed on 09/19/2024 and has been priced for sale at $659,000.

The 6 bedroom multi-family listing at 60 North Willard Street in Burlington is nearby and sold for $614,285 on 03/29/2024.

Nearby zip codes are 05401 5008, 05403, 05404, 05408 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Ridgeline Real Estate

Copyright 2024 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 10/30/2024