39-41 King Street , Burlington, VT 05401
Burlington, VT 05401
Description
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.
Details
| MLS# | 5000890 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 111 |
| Listing Provided By | Coldwell Banker Hickok and Boardman | Nancy Warren |
Features
| SQ Feet | 3,844 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | Res-Multifamily |
Market Activity 05401
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Learn More About This Property
| State | VT |
|---|---|
| County | VT Chittenden |
| City | Burlington |
| Zip Code | 05401 |
| Area | Chittenden |
| Listing VS Median (in 05401) | |
Price: $829,000 low | high Med: $615,000 SqFt: 3,844 low | high Med: 1,940 $ / SqFt: $216 low | high Med: $317 On Site: 111 low | high Med: 167.000000 | |