22 Orchard Terrace

Burlington, VT 05401

$769,000
Price
6
Beds
2
Baths
2,434 Sq. Ft.
$316 / Sq. Ft.
2,434
Sq. Ft.
$316
per Sq. Ft.

Description

Well-located Burlington duplex with 3 bedrooms each, 1st-floor unit offers 1.5 baths. Fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, and off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy...Well-located Burlington duplex with 3 bedrooms each, 1st-floor unit offers 1.5 baths. Fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, and off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy access to colleges and hospital.
  1. Listed by Lipkin Audette Team • Coldwell Banker Hickok and Boardman

Property Details for 22 Orchard Terrace

Parking
Detached
Zoning
RH

Location

Listing Courtesy of Coldwell Banker Hickok and Boardman
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LISTING UPDATED: 04/22/2024 05:47 PM

Property Details for 22 Orchard Terrace

StatusActive
MLS #4992296
Days on Market11
Taxes$13,703 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1899
Lot Size0.11 AC / 4,791 SF
CountyChittenden County

Location

Listing Courtesy of Coldwell Banker Hickok and Boardman
Add your commute

Building Information for 22 Orchard Terrace

Stories2Residences2Year Built1899Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$5,339 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,197

Property Taxes

$1,142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 22 Orchard Terrace

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Directions: Buell Street to Orchard Terrace. Property is on right, third from the end.
  • Latitude: 44.479855827495385
  • Longitude: -73.209804364418019
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Terrace
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-15525
  • Tax - Gross Amount: $13,702.72
  • Tax Year: 2023
  • Tax Year Notes: 2023-2024
  • Taxes TBD: No
School Information
  • School - District: Burlington School District
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 4792.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.11
  • Road Frontage Length: 50.0
  • Square Feet Apx Finished Above Grade: 2434.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 3337.0
  • Square Feet Apx Total Finished: 2434.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 903.0
  • Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Brick, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1899
Utilities
  • Electric Company: Burlington Electric
  • Fuel Company: Vermont Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available
  • Total Gas Meters: 2
  • Total Electric Meters: 2
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Clapboard Exterior, Vinyl Exterior
  • Roads: Public
  • Roof: Slate
Interior Features
  • Appliances: Water Heater – Rented
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 2
  • Heat Fuel: Gas - Natural
  • Heating: Hot Air
  • Cooling: None
  • Total Refrigerators: 2
  • Total Stories: 2.5
  • Total Water Heaters: 2
Multi Family
Income & Expenses Information
  • Gross Income: $77,400.00
  • Net Income: $57,715.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $19,685
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $3,200.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 3
  • Unit 2 Rental Amount: $3,000.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Internet Service

Property History for 22 Orchard Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 22 Orchard Terrace

Taxable ValueLand$170,100Additions$449,400Total$619,500
Tax Record2022$13,090 ($1,091 / month)
Home Facts
Beds6Total Finished SqFt2,434 SqFtAbove Grade Finished SqFt2,434 SqFtStories3Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1899ZoningRHCountyCHITTENDENAPN(035) 044-4-200-000

Schools near 22 Orchard Terrace

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Edmunds Elementary School
PublicPK to 5

Edmunds Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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22 Orchard Terrace is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on April 22, 2024 by Coldwell Banker Hickok and Boardman, it's currently listed at $769,000. It has been on the market for a total of 11 days and was last sold on September 7, 2010. This listing's school district is Burlington School District. Nearby schools include Edmunds Elementary School, Edmunds Middle School and Burlington Senior High School. 22 Orchard Terrace is a 6-bed, 2-bath, 2,434 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing 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 Site 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 05/03/2024 11:53 AM