Multi-Family for Sale: 7 Monroe Street, Burlington, VT 05401 SOLD

2 beds
2 full baths
1,216 sqft
$455,000
$455,000
7 Monroe Street, Burlington, VT 05401 SOLD
2 beds
2 full baths
1,216 sqft
$455,000
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Selling Price: $455,000
Original List Price: $479,000
Sold at 95.0% of list price
Sold Date: 10/08/2024

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Type Multi-Family
Style Duplex
Beds 2
Total Baths 2 full baths
Square Feet 1,216 sqft
Lot Size 0.04 acres
Year Built 1920
City Burlington
County Chittenden
School District Burlington School District
MLS 5008557
Status Closed
DOM 20 days
This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and separate utilities. Additional perks include storage in the basement, some off-street parking, and resident-only street parking. Enjoy easy access to a corner convenience store, the police station, city parks, and the Church Street Marketplace. Whether you're looking to occupy one unit while renting out the other, or seeking a solid investment opportunity, this duplex is ideal!

Lot & Building Features

Utilities Cable - Available
Construction Vinyl Siding, Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Forced Air, Gas Heater - Vented
Sewer Public
Tax Year 2024
Water Public
Basement Description Stairs - Interior, Unfinished, Storage - Locked, Storage - Assigned
Foundation Brick, Concrete
Lot Description City Lot
Roof Metal, Standing Seam
Features Exterior Fence - Partial, Porch - Covered
Garage No

Community and Schools

Elementary School Assigned
Junior High School Assigned
Senior High School Burlington High School

Unit Features

Unit 1 Apx Sqft 622
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1650.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Leased
Unit 1 Style Flat
Unit 1 Tenant Pays Electric, Heat
Unit 2 Apx Sqft 594
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Owner Occupied
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 4
Unit 2 Status Owner Occupied
Unit 2 Style Flat

Price History of 7 Monroe Street, Burlington, VT

Date Name Price Difference
08/07/2024 Listing Price $455,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 7 Monroe Street, Burlington, VT

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Inquire about this property

Photo of Emily Balkus
Emily Balkus
REALTOR®
Direct: 603-489-9875
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360
Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team
Sold by Coldwell Banker Hickok and Boardman, John Black Real Estate Team
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1%
6.75%
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Listing information courtesy of: Coldwell Banker Hickok and Boardman

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 11/03/2024