28-32 Park Street
28-32 Park Street
Burlington, VT 05401
$1,350,000
Price
10
Beds
6
Baths
4,442 Sq. Ft.
$304 / Sq. Ft.
4,442
Sq. Ft.
$304
per Sq. Ft.
Description
Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and Church Street, these units never have a vacancy. The building was fully rebuilt in the 1990's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This...Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and Church Street, these units never have a vacancy. The building was fully rebuilt in the 1990's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.
- Listed by Erin Dupuis • Vermont Real Estate Company
Property Details for 28-32 Park Street
Parking
On Street
ZoningRes High Density
Location
Listing Courtesy of Vermont Real Estate Company
Add your commute
LISTING UPDATED: 03/20/2024 12:43 AM
Property Details for 28-32 Park Street
| Status | Active |
|---|---|
| MLS # | 4983691 |
| Days on Market | 89 |
| Taxes | $19,580 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1899 |
| Lot Size | 0.05 AC / 2,178 SF |
| County | Chittenden County |
Location
Listing Courtesy of Vermont Real Estate Company
Add your commute
Building Information for 28-32 Park Street
Stories3Residences6Year Built1899Building Size-Lot Size0.05 AC / 2,178 SF
Payment Calculator
$8,999 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,368
Property Taxes
$1,632
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 28-32 Park Street
Summary
Location and General Information
- City: Burlington
- County: VT-Chittenden
- Latitude: 44.481183035555297
- Longitude: -73.218892898147587
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05401
Taxes and HOA Information
- SPAN Number: 114-035-14992
- Tax - Gross Amount: $19,579.72
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: Burlington High School
- School - District: Burlington School District
- School - Elementary: Choice
Parking
- Garage: No
- Driveway: None
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/2832-Park-Street-Burlington-VT-05401/unbranded
Property
Lot Information
- Lot - Sqft: 2178.0
- Lot Features: City Lot, Corner, Lake View, Mountain View
- Lot Size Acres: 0.05
- Square Feet Apx Finished Above Grade: 4442.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 4442.0
- Square Feet Apx Total Finished: 4442.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Stone
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1899
Utilities
- Electric Company: BED
- Cable Company: BT
- Fuel Company: VT Gas
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - At Site, Gas - On-Site
- Total Gas Meters: 1
- Total Electric Meters: 7
- Separate Utilities: Varies
- Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Balcony, Deck
- Roads: Paved
- Roof: Metal
- Total Ranges: 6
Interior Features
- Appliances: Water Heater – Off Boiler
- Basement: No
- Total Full Baths: 6
- Flooring: Ceramic Tile, Hardwood
- Heat Fuel: Gas - Natural
- Heating: Baseboard, Hot Water
- Cooling: None
- Total Refrigerators: 6
- Total Rooms Above Ground: 22
- Total Stories: 3
- Total Water Heaters: 1
Multi Family
Income & Expenses Information
- Gross Income: $115,700.00
- Net Income: $69,973.00
- Operating Expense Incl: Heat, Insurance, Maintenance, Trash, Water/Sewer
Multi-Family Information
- Total Units: 6
- Total 1 BR Units: 2
- Total 2 BR Units: 4
- Total 3+ BR Units: 0
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Style: Flat
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 1
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: Ground
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 700.0
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $1,550.00
- Unit 1 Tenant Pays: Electric, Internet Service
- Unit 1 Info: Heat Included, Range - Electric, Refrigerator
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Style: Flat
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Level Number: Ground
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 700.0
- Unit 2 Bedrooms: 1
- Unit 2 Rental Amount: $1,550.00
- Unit 2 Info: Heat Included, Range - Electric, Refrigerator
- Unit 2 Tenant Pays: Electric, Internet Service
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 5
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Style: Flat
- Unit 3 Apx Sqft: 760.0
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,685.00
- Unit 3 Info: Heat Included, Range - Electric, Refrigerator
- Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Style: Flat
- Unit 4 Rooms: 5
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 760.0
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $1,800.00
- Unit 4 Info: Dishwasher, Dryer, Heat Included, Range - Electric, Washer
- Unit 4 Tenant Pays: Electric, Internet Service
Unit 5
- Unit 5 Rental Agreement: Yes
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Leased
- Unit 5 Style: Flat
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 2
- Unit 5 Rooms: 5
- Unit 5 Apx Sqft: 760.0
- Unit 5 Lease Term: Annual
- Unit 5 Rental Amount: $1,600.00
- Unit 5 Info: Heat Included
- Unit 5 Tenant Pays: Electric, Internet Service
Unit 6
- Unit 6 Rental Agreement: Yes
- Unit 6 Lease Term: Annual
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 2
- Unit 6 Rooms: 5
- Unit 6 Apx Sqft: 760.0
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Status: Leased
- Unit 6 Style: Flat
- Unit 6 Rental Amount: $1,765.00
- Unit 6 Info: Heat Included
- Unit 6 Tenant Pays: Electric, Internet Service
Rental
Rent Information
- Total Leases: 6
Property History for 28-32 Park Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 28-32 Park Street
Taxable ValueLand$346,500Additions$538,700Total$885,200
Tax Record2022$18,704 ($1,559 / month)
Home Facts
Total Finished SqFt3,742 SqFtAbove Grade Finished SqFt3,742 SqFtUnfinished Basement SqFt821 SqFtStories3Lot Size2,178 SqFtStyleMulti-Family Res (5+ Units)Year Built1899ZoningRHCountyCHITTENDENAPN(035) 044-2-131-000
Schools near 28-32 Park Street
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 |
|---|---|---|
Sustainability Academy At Lawrence Barnes PublicPK to 5 | ||
Lyman C. Hunt 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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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 Vermont Real Estate Company
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 04/29/2024 05:08 AM
