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512-514 Saint Paul Street, Burlington, VT 05401
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$669,900
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Home Details for 512-514 Saint Paul Street
Price
$669,900
Type
Multi Family
Year Build
1899
Sq. Ft.
2793
Lot Size
0.14
County
Chittenden
Garage
2
Basement
Concrete, Sump Pump
Tax
$14,118.92
MLS®️ Listing#
5031301
On exitrealty.com
278 days
Listing Courtesy: Yellow Sign Commercial Inc. - 802-598-0006. Presented by: Peter M. Yee
Property Description
Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. We have the property leased until the end of May in the year 2026 making this a turn key investment. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. The highly desired south end of Burlington attracts the best tenant demographic in the area. Rents continue to increase in our market and over time your cashflow will continue to get better. Currently heat is included with the rents which is a large expense that a savvy investor can fix by separating the heat and allowing tenants to pay their own heat. The garage and residential corridor zoning offer potential for future development of additional units. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look.
- Heating Information
- Hot Water
- Zoned
- Basement
- Concrete
- Sump Pump
- Water Features
- Public
- Utilities
- Cable Available
- Parking
- Paved
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$669,900
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