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$695,000
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Property Description
Well-located downtown Burlington 3-unit apartment building with off street parking. Offering one 4-bedroom unit and two 1-bedroom units. Many recent updates, separate utilities, and laundry on site. Investors will appreciate the strong cap rate, fully occupied. Tenants love living three blocks to Church Street Marketplace and the Lake Champlain Waterfront, plus easy access to colleges, hospital, and the South End Arts District, businesses, and restaurants. Invest in Burlington!
Full Property Details
Full Property Details for 186 Pine St
General
- Sold For: $695,000
- Taxes: $9,971 (2022)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 4937389
- Added to Site: 1, 233 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit3=Annual,
Location
- County: Chittenden
- Driving Directions: Heading North on US-7. Turn left on Flynn Ave, right onto Pine Street, take Pine Street past Maple Street, property will be on your right.
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Hot Air
- Heating Fuel: Gas - Natural
- Water Heater: Owned
Utilities
- Sewer: Public
- Water: Public
- # Gas Meters: 3
- # Electric Meters: 4
Structural Information
- Architectural Style: Multi-Family
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Clapboard
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Slate
- Stories/Levels: 2
- Finished Total: 2,560 Sq. Ft.
- Finished Above Grnd: 2,560 Sq. Ft.
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 2
- 3 Bedroom Units: 1
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Frontage: Yes Road Frontage
- Frontage Feet: 32
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: RH
- Lot Description: City Lot
Financial Considerations
- Price Per Sq. Ft.: $271.48
- Tax Amount: $9,971.44
- Tax Year: 2022
Disclosures and Reports
- APN: 114-035-16935
Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team
Sold by Coldwell Banker Hickok and Boardman, Lipkin. Audette Team
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Price & Sales History for 186 Pine St
Date
Details
Price
Change
Source
4/20/2023
Sold
$695,000
—
MLS
11/18/2022
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
186 Pine Street, Burlington, VT 05401 (MLS# 4937389) is a Multi-Family property that was sold at $695,000 on April 20, 2023. Want to learn more about 186 Pine Street? Do you have questions about finding other Multi-Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.
