221 Saint Paul StreetBurlington, VT 05401MLS Number 4954037

Price: $750,000
Est. Mortgage of $/month
6 Days on Market

Unlimited Possibilities for income generation! Not just a 2-unit, 8-9 bedroom building….but a turn-key short/long term housing solution in a city that needs just that! Prime location at the edge of Burlington's Downtown Transition neighborhood and gateway to the dynamic South End. One look at the CAP RATE will convince you that this property deserves a serious look. Architectural plans and thoughtful site improvements have expanded city approved parking on the over-sized lot. This has created exciting potential for further development, now or in the near future, depending on your needs. Make an appointment for a preview and let us show you what this very special opportunity is all about. Possibilities include: Traveling nurses or other un-housed workers, Short or longer term rentals, Airbnb, hostel, etc. Finished Basement /Studio is currently non-conforming, but could be a possible 3rd unit. ***Make sure to click link for VIRTUAL TOUR ******Please see DOCUMENTS section for access to downloadable PDF containing much relevant information including: Development Possibilities, Architect's Renderings, Site improvements, Permits info, and much more!

More Info

Basic Information

StatusACT
List Price$750,000
Date Price Change05/24/2023
MLS Number4954037
MLS StatusActive

Property

Acreage0.19
Parking Spaces
Lot DescriptionCity Lot, Level, Sidewalks
Square Feet3,394
APX Fin AG Sqft2,386
Road Frontage50
RoadsPublic

Amenities

Exterior Amenities
- Balcony
- Deck
- Fence - Partial
- Garden Space
- Porch - Covered
- Storage

Other

Taxes$11,833
Seasonal Y/NNo

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningFD5 Downtown Center
Flood Zone Y/NNo

Interior

APX Fin Below Grade1,008
FloorsCarpet, Vinyl

Exterior

ExteriorCedar, Clapboard
RoofShingle - Asphalt
Exterior ColorBlue

Utilities

Heat FuelGas - Natural
Heat SystemHot Air
WaterPublic
Water HeaterGas - Natural, Owned
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable - At Site, High Speed Intrnt -Avail

Building

Year Built1899
Building ConstructionWood Frame
StyleDuplex, Multi-Level
Units2
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms4
Unit 2 Bath1
Unit 2 Bedrooms6
Unit 2 Floor Location1st/2nd
Unit 2 StyleMulti Level
Unit 2 Total Rooms9
# of 2 Bedrooms1
# of 3+ Bedrooms1
Bathroom2
Total Baths2
Basement
- Concrete Floor
- Exterior Access
- Interior Access
- Partially Finished
- Stairs - Basement
- Stairs - Interior
FoundationBrick

Copyright 2023 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 May 28, 2023 7:38 PM EDT

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Your Questions & Comments I found a listing on "LARKIN REALTY" which you may be interested in:

221 Saint Paul StreetBurlington, VT 05401MLS Number 4954037

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