VT > Burlington
Burlington, VT 05401,290-292 North ST
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Burlington, VT 05401,290-292 North ST
Burlington, VT 05401,290-292 North ST
Burlington, VT 05401,290-292 North ST
Burlington, VT 05401,290-292 North ST
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
Listed by Paul Cannizzaro • Cannizzaro Real Estate
$ 699,000
Est. payment /mo
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Active

290-292 North ST Burlington, VT 05401

6 Beds

4 Baths

2,766 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,766 sqft

Price per Sqft $252

MLS Listing ID 5050952

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1899

Annual Tax Amount $12,426

Tax Year 25

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Enjoy a 7.7% cap rate on this well-Maintained 4-Unit Investment Property in Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential.Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage in the basement.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment opportunity with stable income and room for growth.Seller is licensed Broker

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Res Med density

Rooms

Basement Entrance Walk-up

Basement Bulkhead, Concrete Floor

Interior

Cooling None

Flooring Carpet, Vinyl

Exterior

Utilities Available Cable Available, Underground Gas

Roof Type Architectural Shingle

Building

Story 2

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

PrimeMLS
Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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290-292 North ST

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