Listing Presented by:
Linda I. Letourneau
Partner
Office: 802-864-2000 x3
Cell: 802-343-2107
208 Flynn Avenue, Studio 2i
Burlington, VT 05401
| 11 Unit Apartment Bldg. | |
| Price: | $1,200,000 |
| Address: | 242-248 College Street |
| Burlington, VT 05401 | |
| Use: | Residential |
| Type: | Sold |
| Size: | 11 units |
| Available: | Sold |
| Parking: | on-site |
Description:
V/T Commercial is pleased to offer for sale this 11 Unit fully leased apartment building located on popular College Street, just down from the “Y” and across from the Library. 9 one bedroom units, 2 two bedroom units. Rents range currently from $750 to $1400. Easy to find location, short walk to the City Market, Church Street Market Place, The Y, the library, the movies! Convenient to a lot of service amenities. Currently NOI of $75,300. Room to increase rents. Pets allowed. No parking. Roof is membrane and is approx. 12 years old, furnace is Peerless and approx. 8 years old. RE Taxes $29,589. Three story with vinyl siding. Lots of interior charm within the units. All units have tile and wood flooring – no carpet.