Listing Provided Courtesy Of:
Jessica Bridge with Element Real Estate.
Address
72-78 Lafountain Street Burlington, VT
Price
$ 950,000
Property Attributes
  • MLS#4882888
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleHistoric Vintage,Multi-Family
  • Year Built1899
  • Taxes$ 15752
  • Price$ 950,000
  • Bedrooms7
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5961
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Jessica Bridge with Element Real Estate.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Attention Investors: This well-maintained 6-unit property in a prime Old North End location is worth a look! This building has had a ton of upgrades, including kitchen updates with granite countertops, gas ranges, and stainless appliances. The exterior was fully repainted in 2017, and the slate roof has been regularly maintained. These bright units feature tin ceilings, wood and tile floors, and well-preserved historic character, plus each unit has access to a covered porch or balcony. Added bonuses such as plenty of off-street parking, and coin-op laundry in the basement make these highly desirable rentals. This location is minutes from Downtown Burlington & Winooski as well as the colleges and hospital. The great location & unique character along with a strong rental history and financials make this an excellent investment opportunity.

Price History
9/16/2021 Listed $950,000

General Features

Area Description In Town, Near Shopping, Near Public Transportatn, Near Hospital
Basement Yes
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Exterior Features Balcony, Fence - Partial, Porch - Covered
Flood Zone Unknown
Flooring Bamboo, Tile, Wood
Garage No
Heating Direct Vent
Listing Area VT-Chittenden
Net Income 68666
Parking Off Street, Parking Spaces 6+
Price Per Sq Ft 239.05
Road Frontage Yes
Roof Slate
School District Burlington School District
Sewer Public
Status Active
Stories 2
Style Historic Vintage, Multi-Family
Tax Year 2021
Total Heat Units 6
Unit 1 Level Number Unit 72
Unit 2 Level Number Unit 74
Unit 3 Level Number Unit 74.5
Unit 4 Level Number Unit 76
Unit 5 Level Number Unit 76.5
Unit 6 Level Number Unit 78
Utilities Cable - Available, High Speed Intrnt -Avail, Telephone Available
Water Public
Water Heater Gas
Year Built 1899
Zoning Residential - Med Density

Interior Features

Basement Access Type Walk-up
Basement Description Concrete Floor, Dirt Floor, Unfinished
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 3974
Sqft-apx Total 5961
Sqft-apx Total Finished 3974
Sqft-apx Unfn Below Grade 1987
Total 1 Br Units 5
Total 2 Br Units 1
Total Full Baths 6
Total Number of Units 6
Total Ranges 6
Total Refrigerators 6
Total Water Heaters 6
Unit 1 Bedrooms 1
Unit 2 Bedrooms 2
Unit 3 Bedrooms 1
Unit 4 Bedrooms 1
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 6 Baths 1
Unit 6 Bedrooms 1

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Unit 4 Baths 1
Driveway Gravel
Exterior Board and Batten
Foundation Stone
Lot Description City Lot, Curbing, Sidewalks, Street Lights
Lot Size Area 0.29
Road Frontage Length 85
Roads Paved, Public
Total Gas Meters 6

Amenities

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

Property vs Multi-Family Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $850K
$950K
Taxes
AVG $15,624
$15,752
Visits
AVG 96
18
Year Built
AVG 1911
1899

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