Multi-Family for Sale: 39-41 King Street, Burlington, VT 05401

9 beds
3,844 sqft
$829,000
$829,000
39-41 King Street, Burlington, VT 05401
9 beds
3,844 sqft
$829,000
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Price:
$829,000

Type Multi-Family
Style Apartment Building
Beds 9
Square Feet 3,844 sqft
Lot Size 0.11 acres
Year Built 1899
Taxes Paid $16,120

City Burlington
County Chittenden

MLS 5000890
Status Active Under Contract
DOM 135 days
Welcome to your new investment opportunity! This multi-family 4-unit building presents a lucrative prospect for both investors and residents alike. Situated near the tranquil waterfront, residents can enjoy the serene beauty of nature while still being within arm's reach of urban conveniences. Each unit within this property offers its own unique appeal, with ample space and privacy for comfortable living. However, the real potential lies in the opportunity for upgrades. Imagine the possibilities once several of the units are renovated to modern standards, attracting higher rents and increasing overall property value. But that's not all, one of the units has already undergone a transformation. The 2-bedroom first floor unit boasts a fresh rehab, featuring contemporary finishes and new appliances. In a region where parking can be a challenge, this property stands out with its rare offering of 4 designated parking spaces. Residents can rest assured knowing they have a secure spot waiting for them right at home. Convenience is key, and this property delivers. With amenities such as shops, restaurants, and recreational facilities just a stone's throw away, residents can enjoy the best of both worlds – the tranquility of being within minutes to the waterfront combined with the ease of access to everyday essentials.

Lot & Building Features

Appliances Water Heater – Domestic
Utilities Cable - Available, Gas - On-Site
Construction Wood Frame, Wood Siding
Cooling None
Heat Source Gas - Natural
Heating Gas Heater
Sewer Public
Tax Year 2023
Taxes Paid $16,120
Water Public
Basement Description Unfinished
Foundation Axle
Lot Description Corner, Street Lights, Curbing
Roof Membrane, Slate, Shingle - Asphalt, Metal
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Leased
Unit 1 Style flat
Unit 1 Tenant Pays All Utilities
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1600.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 6
Unit 2 Status Leased
Unit 2 Style Flat
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Month to Month
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1600.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Status Leased
Unit 3 Style Flat
Unit 3 Tenant Pays Electric, Water, Heat
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Lease Term Month to Month
Unit 4 Level Number 3
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 800.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 1
Unit 4 Status Leased
Unit 4 Style Flat
Unit 4 Tenant Pays All Utilities

Price History of 39-41 King Street, Burlington, VT

Date Name Price Difference
06/17/2024 Listing Price $829,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 39-41 King Street, Burlington, VT

Location Map Street View
Photo of Karen Fasulo
Karen Fasulo
REALTOR®
Direct: 978-376-8166
Office
297 South Main Street
Bradford, MA 01835
978-372-9171
Listed by Coldwell Banker Hickok and Boardman, Nancy Warren
$
20%
1.9445500603136%
6.75%
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$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

39-41 King Street (MLS #5000890) is a multi-family listing located in Burlington, VT. This multi-family listing is 3,844 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 125 years old. This property was listed on 06/17/2024 and has been priced for sale at $829,000.

Nearby zip codes are 05043, 05403, 05404, 05405 and 05408. 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: Coldwell Banker Hickok and Boardman

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