Multi-Family for Sale: 58-62 North Union Street, Burlington, VT 05401

11 beds
8 full baths
6,008 sqft
$1,950,000
$1,950,000
58-62 North Union Street, Burlington, VT 05401
11 beds
8 full baths
6,008 sqft
$1,950,000
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Price:
$1,950,000
$150,000 - 11/14/2024

Type Multi-Family
Style Multi-Family
Beds 11
Total Baths 8 full baths
Square Feet 6,008 sqft
Lot Size 0.20 acres
Year Built 1992
Taxes Paid $33,549

City Burlington
County Chittenden
School District Burlington School District

MLS 5020997
Status Active
DOM 20 days
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown!

Lot & Building Features

Utilities Cable
Construction Vinyl Exterior, Wood Frame
Cooling Wall AC Units
Heating (2920, 2934, 2947), Hot Air, Baseboard
Parking Description Parking Spaces 5 - 10
Sewer Public
Tax Year 2024
Taxes Paid $33,549
Water Public
Basement Description Full, Stairs - Interior
Foundation Stone
Lot Description (2991, 3009, 3029, 4923, 4930, 5087, 12756), Sidewalks, Landscaped, City Lot
Roof Shingle, Slate
Garage No

Community and Schools

Elementary School Assigned
Junior High School Edmunds Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Annual
Unit 1 Rental Amount 2300.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays All Utilities
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Annual
Unit 2 Rental Amount 1875.00
Unit 2 Rental Amt Freq Monthly
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Lease Term Annual
Unit 3 Rental Amount 1400.00
Unit 3 Rental Amt Freq Monthly
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Lease Term Annual
Unit 4 Rental Amount 1400.00
Unit 4 Rental Amt Freq Monthly
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Lease Term Annual
Unit 5 Rental Amount 1400.00
Unit 5 Rental Amt Freq Monthly
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Lease Term Annual
Unit 6 Rental Amount 1600.00
Unit 6 Rental Amt Freq Monthly
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Lease Term Annual
Unit 7 Rental Amount 1500.00
Unit 7 Rental Amt Freq Monthly
Unit 8 Bedrooms 1
Unit 8 Lease Term Annual
Unit 8 Rental Amount 1300.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Rooms 0

Price History of 58-62 North Union Street, Burlington, VT

Date Name Price Difference
11/14/2024 Price Adjustment $1,950,000 7.14%
11/04/2024 Listing Price $2,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 58-62 North Union Street, Burlington, VT

Location Map Street View
Photo of Linda Riha
Linda Riha
Assistant Manager/Assoc Broker
Direct: 603-819-1110
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x10
Listed by KW Vermont, Dave Kleh
$
20%
1.7205107692308%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

58-62 North Union Street (MLS #5020997) is a multi-family listing located in Burlington, VT. This multi-family listing is 6,008 sqft and on a lot of 8,712 sqft (or 0.20 acres) with 11 bedrooms, 8 baths and is 32 years old. This property was listed on 11/04/2024 and has been priced for sale at $1,950,000.

Nearby zip codes are 05402, 05403, 05404, 05408 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: KW Vermont

Copyright 2024 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 11/24/2024