Listing Provided Courtesy Of:
Mikail Stein with RE/MAX North Professionals.
Address
23 Archibald Street Burlington, VT
Price
$ 634,900
Property Attributes
  • MLS#4853254
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleApartment Building
  • Year Built1920
  • Taxes7687
  • Price$ 634,900
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4092
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Mikail Stein with RE/MAX North Professionals.
Data Source:
New England Real Estate Network
Property Description

Well maintained and updated Tri-Plex in Burlington's desirable O.N.E. only a short walk from town. This property has three 2 bedroom townhouse style apartments with ample off street parking for tenants and a 2 unit storage shed with additional income potential. Two apartments have access to an unfinished basement area for dry storage. Projected at a 6.62% CAP rate this property is a fantastic investment in the heart of Burlington. This property is also being sold as part of a portfolio with several other multi-families. See MLS #'s: 4853257 and 4853256.

Price History
3/31/2021 Listed $634,900

General Features

Construction Other
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Exterior Features Fence - Partial, Garden Space, Outbuilding, Patio, Porch - Enclosed, Storage
Flood Zone Unknown
Flooring Carpet, Laminate
Garage Yes
Heating Baseboard, Hot Air, Monitor Type, Wall Units
Listing Area VT-Chittenden
Net Income 42037.99
Parking Off Street, Parking Spaces 6+
Price Per Sq Ft 267.21
Road Frontage TBD
Roof Membrane, Other
Sewer Public
Status Active
Stories 2
Style Apartment Building
Tax Year 2021
Total Heat Units 3
Total Rooms Above Ground 4
Trash Cans, Owner
Type Multi-Family
Unit 1 Level Number 1-2
Unit 2 Level Number 1-2
Unit 3 Level Number 1-2
Utilities Cable, Gas - On-Site, High Speed Intrnt -AtSite, Internet - Cable, Other, Telephone At Site, Telephone Available
Water Public
Water Heater Electric, Gas - Natural
Year Built 1920
Zoning Res

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Concrete Floor, Stairs - Interior, Storage - Assigned, Storage Space, Unfinished
Heating Fuel Electric, Gas - Natural
Sqft-apx Fin Above Grade 2376
Sqft-apx Total 4092
Sqft-apx Total Finished 2376
Sqft-apx Unfn Above Grade 528
Sqft-apx Unfn Below Grade 1188
Total 2 Br Units 3
Total Full Baths 3
Total Number of Units 3
Total Ranges 3
Total Water Heaters 3
Unit 1 Apx Sqft 792
Unit 1 Bedrooms 2
Unit 1 Info Refrigerator, Stove - Gas Heat
Unit 2 Apx Sqft 792
Unit 2 Bedrooms 2
Unit 2 Info Dryer, Refrigerator, Stove - Gas Heat, Washer
Unit 3 Apx Sqft 792
Unit 3 Bedrooms 2
Unit 3 Info Dishwasher, Dryer, Refrigerator, Stove - Gas Heat, Washer

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Driveway Dirt
Exterior Other, Vinyl, Wood
Foundation Block, Fieldstone
Garage Capacity 2
Garage Type Carport
Lot Description City Lot
Lot Size Area 0.14
Roads Public
Total Gas Meters 3
Unit 1 Style Townhouse
Unit 2 Style Townhouse
Unit 3 Style Townhouse

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $900K
$630K
Taxes
AVG $12,334
$7,687
Visits
AVG 93
710
Year Built
AVG 1905
1920

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