123 King StreetBurlington, VT 05401MLS Number 4848618

  • Price: $1,200,000
  • Est. Mortgage of $/month
  • 51 Days on Market
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Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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123 King Street Burlington VT 05401123 King Street Burlington VT 05401
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  • 0.06Acreage
  • 2Bathrooms
  • 1885Year Built
  • 2,714Square Feet

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Listed by Rebecca Racine of KW Vermont
Extremely rare opportunity in Burlington's most updated part of town. While fully functional, the building needs updating and some renovation to realize its full potential of being a higher end rental. This 2 unit, 5 bedroom investment property is just one block from the newly redone City Hall park and right next door to several brand new upscale apartment buildings. Within a 5 minute walk you have access to the boutiques, coffee shops and restaurants on the Church Street Marketplace, you will feel the breeze of Lake Champlain's waterfront park, enjoy the family friendly activities at the Leahy Echo Center and the Flynn Theater. You will have 2 rental units or have a fantastic owner occupied building with enough rent form the second unit to cover much of the monthly expense or rent to a business in this commercially zoned district. Systems are updated including complete re-wiring of the entire electrical system, 2 hot water heaters, heating system running off of Burlington Natural Gas lines, windows and plumbing. You will enjoy the character of, "The Little House" nestled in the heart of the city.

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$1,200,000
  • MLS Number4848618
  • MLS StatusActive

Property

  • Acreage0.06
  • Parking Spaces
  • Square Feet2,714
  • APX Fin AG Sqft2,714
  • Road Frontage42
  • RoadsPaved, Public
  • Lot Description
    • City Lot
    • Commercial Zoning
    • Corner
    • Curbing
    • In Town
    • Near Hospital
    • Near Public Transportatn
    • Near Shopping
    • Neighbor Business
    • Sidewalks Business District

Other

  • Taxes$7,106
  • Seasonal Y/NNo
  • View Count10

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • Zoningresidential, commercial
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Laminate, Vinyl, Wood

Exterior

  • ExteriorVinyl Siding
  • RoofSlate
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Water
  • UtilitiesCable - Available, Fiber Optic Internt Avail, Gas - Underground, High Speed Intrnt -Avail, Internet - Cable, Internet - Fiber Optic, Phone, T1 Available, Telephone Available
  • WaterPublic
  • Water HeaterElectric, Owned
  • Electric200 Amp
  • SewerPublic

Building

  • Year Built1885
  • Building ConstructionWood Frame
  • StyleVictorian
  • Units2
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 StyleResidential
  • Unit 2 Total Rooms5
  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • Bathroom2
  • Total Baths2
  • BasementBulkhead, Concrete Floor, Dirt Floor, Unfinished
  • FoundationStone
Larkin Realty
Office: 802-864-7444
410 Shelburne Road
Burlington, VT 05401
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 April 16, 2021.

 
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 April 16, 2021.

 

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