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$1,550,000

  • Sold
  • Closed
  • Multi-Family
  • 10 Units
  • 0.23 Acres
See This Home
Save This Home
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Incredible location with plenty of on-site parking, one block away from UVM & Champlain College Campuses. 201 (MLS 4946607) & 205 South Prospect Street are being marketed for sale together, for $2.3m. They will NOT be sold separately. Impressive rent history, and currently 100% occupied, and leased through 2024. Financials provided to qualified buyers, NDA attached.

Full Property Details for 205 S Prospect St

General

  • Sold For: $1,550,000
  • Taxes: $25,735 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 4946606
  • Added to Site: 1, 160 day(s) ago

Exterior

  • Color: Red

Location

  • County: Chittenden
  • Driving Directions: Head west on Main Street (Route 2), turn left onto South Prospect Street. Turn into drive on right, parking in rear.

School Information

  • School District: Burlington School District
  • Elementary School: Edmunds Elementary School
  • Middle School: Edmunds Middle School
  • High School: Burlington High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Monitor Type, Radiator
  • Heating Fuel: Electric, Gas - Natural
  • Water Heater: Domestic, Owned

Utilities

  • Sewer: Public
  • Water: Public
  • Trash: Dumpster

Structural Information

  • Architectural Style: Apartment Building
  • Construction Status: Existing
  • Construction: Masonry, Wood Frame
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Apartments, Partially Finished, Stairs - Exterior
  • Roof: Slate
  • Stories/Levels: 2.5
  • Finished Total: 5,284 Sq. Ft.
  • Finished Above Grnd: 4,233 Sq. Ft.
  • Finished Below Grnd: 1,051 Sq. Ft.
  • Year Built: 1899

Unit Information

  • 1 Bedroom Units: 7

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Frontage: Yes Road Frontage
  • Frontage Feet: 70
  • Street/Road Desc.: Paved, Public
  • Driveway/Sidewalk: Common/Shared, Dirt
  • Zoning: RL
  • Lot Description: City Lot

Financial Considerations

  • Price Per Sq. Ft.: $377.98
  • Assessment Year: 2021
  • Tax Amount: $25,735.68
  • Tax Year: 2022

Disclosures and Reports

  • Surveyed: Yes
  • APN: 114-035-18063

Listed by Donahue & Associates, LLC, Steve Donahue and Meg McGovern
Sold by RE/MAX North Professionals, Mikail. Stein

Listed by Donahue & Associates, LLC, Steve Donahue and Meg McGovern
Sold by RE/MAX North Professionals, Mikail. Stein

Listing agents

— 205 S Prospect St —

  • Steve Donahue

    Donahue & Associates, LLC

  • Meg McGovern

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 205 S Prospect St

Date
Details
Price
Change
Source
8/31/2023
Sold
$1,550,000
-3.12%
MLS
3/24/2023
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Donahue & Associates, LLC, Steve Donahue and Meg McGovern
Sold by RE/MAX North Professionals, Mikail. Stein

205 S Prospect Street, Burlington, VT 05401 (MLS# 4946606) is a Multi-Family property that was sold at $1,550,000 on August 31, 2023. Want to learn more about 205 S Prospect 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.