
Burlington, VT31 Hyde Street
Sale Price$1,515,000
MLS Number 4608770
- Multifamily Multi-Family
- Units 9
- Bathroom 10
- Acreage 0.5
- Square Feet 9,820
Consistently rented 9 unit multifamily, conveniently located, with very good income. Property consists of 7 townhouse style condos built in 1985 and a 2 story duplex attached built in 1930 for total of 8 condos and 9 units. The 7 townhouses pay all of their own utilities and sewer and water. They are in good condition and each have 3 bedrooms and 1.5 baths; all are on slabs. The owner pays heat, sewer, water and hot water for duplex. The duplex, unit 9 & 10, are large 3 bedroom units. #9 has a huge unfinished basement and enclosed porch. #10 has 2 full baths. Duplex has hot water heat. All rental agreements are through summer 2017. There is lots of parking; lot located near North St and convenient to public transportation, in area that has definitely been upgraded over last decade. Property in compliance with Burlington codes and EMP completed. Income includes $1200 average a year from coin-op laundry which is located between duplex and townhouses. Owner pays electric for this room. Washer and dryer in coin op laundry included in sale. Unit 9 Info: CLA, 48 hours. 5 rooms, 3 bedrooms, 1 bath. Appliances included. 2nd level. 1136 sq ft flat. Has annual rental agreement and is currently leased/occupied. $1800 deposit and $1800 (monthly) rent. Tenant pays electric and internet service.
Listed by Warren Palm of C21 Jack Associates/S. Burlington
Listing Sold by The Marcelino Team