Rare investment opportunity on 1.99 acres located in the New North End of Burlington. Existing 4 unit building with strong income stream plus new 2 bedroom 1.5 bath ADA accessible single family and 8 new 2 bedroom duplex style townhouses- a total of 13 rental units in all. Newer units are part of Planned Unit Development. Currently nearing completion, landscaping to be completed. All new units are Energy Star rated, off street parking, two units have attached garage. Convenient location on bus line, near bike path, and minutes to Downtown via 127 Connector.
Turn Key 3 Separate Buildings - 8 units with 17 total bedrooms. Fully rented - strong financials. Convenient South End Burlington Location. Plenty of parking - 10+ spots. See individual buildings as MLS #4135322, #4135479 and #4135333.
Wonderful investment opportunity in this amazing property. Here is a very rare 9 unit income producing multi family home in Burlington. Total of 16 bedrooms with 7 two bedroom units and 2 one bedroom units, all with great layouts. Long term tenants with an excellent rental history and room to increase rental income. Projected net operating income is $76,328. Possibility to increase cash flow and add coin operated laundry room that can be accessed by all tenants. With off street parking and storage this apartment building is a must see for anyone looking! Motivated Seller.
Location, condition, quality.........and lake views from the penthouse! Add in solid rental history to professionals over the years, strong investment numbers and this landmark property is one to grab while you can. Located steps to Burlington's Marketplace, blocks to Colleges and the Hospital this is a superb building for both owner occupied and savvy investor. Carport, 9 parking spots, walk in basement, $50k in improvements the past 3 years. Don't wait - there are few like this in town!
Burlington Duplex with (2) four bedrooms apartments, fully rented for 2013 School year.Very well maintained, turn-key property with strong financials, (8%+ Cap Rate) Tenants pay utilities. Great location-near Campus, Fletcher Allen Hospital and Downtown Burlington. Plenty of off-street parking. Call today!
Ideal condo conversion opportunity. 2 front 3 bedroom townhouse units have separate basements. Rear 4 flat style units are cute with 12 parking spaces. Additional $1200 income from coin operated washer/dryer. 4 large storage units in basement for back 4 units. Operating expenses also included: snow removal and water/sewer.
Attention Burlington Investors or Owner Occupied Buyers! Triplex with 5 bedrooms & Duplex with 5 bedrooms. Fully rented, tenants pay utilities, plenty of parking. Desirable South End Location near shopping, dining and interstate. Can also be sold with adjacent brick 3 unit (MLS #4135322).
Fantastic investment opportunity. Many development options. Property includes 2 single-family homes, 1 duplex, and an auto shop. Large land area. New low price.
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