Multi-Family for Sale: 51 Intervale Avenue, Burlington, VT 05401 SOLD

7 beds
3 full baths
2,591 sqft
$639,900
$639,900
51 Intervale Avenue, Burlington, VT 05401 SOLD
7 beds
3 full baths
2,591 sqft
$639,900
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Selling Price: $639,900
Original List Price: $639,900
Sold at 100.0% of list price
Sold Date: 06/28/2024

Type Multi-Family
Style Multi-Family
Beds 7
Total Baths 3 full baths
Square Feet 2,591 sqft
Lot Size 0.09 acres
Year Built 1899

City Burlington
County Chittenden
School District Burlington School District

MLS 5003142
Status Closed
Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!

Lot & Building Features

Appliances Water Heater – Separate, Water Heater–Natural Gas
Utilities Gas - Underground
Construction Aluminum Siding, Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Direct Vent, Monitor Type, Hot Air, Forced Air
Parking Description Driveway, Parking Spaces 3, On Street, Off Street
Sewer Metered, Public
Tax Year 2023
Water Metered, Public
Basement Description Unfinished
Foundation Concrete, Stone
Lot Description City Lot, Sidewalks, Level, Curbing
Roof Slate
Features Exterior Fence - Partial, Porch - Covered, Natural Shade
Garage No

Community and Schools

Elementary School Integrated Arts Academy
Junior High School Edmunds Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Apx Sqft 942
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info CO Detector, Smoke Detector, Refrigerator, Range - Electric, Porch, Laundry Hookup
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rental Amount 2000.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 6
Unit 1 Status Leased
Unit 1 Style Apartment - Flat
Unit 1 Tenant Pays Electric, Water, Hot Water, Heat
Unit 2 Apx Sqft 942
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info CO Detector, Smoke Detector, Refrigerator, Range - Gas, Porch
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1650.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 6
Unit 2 Status Leased
Unit 2 Style Apartment - Flat
Unit 2 Tenant Pays Electric, Water, Hot Water, Heat
Unit 3 Apx Sqft 707
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info CO Detector, Smoke Detector, Refrigerator, Range - Gas, Porch
Unit 3 Lease Term Annual
Unit 3 Level Number 3
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1300.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Style Apartment - Flat
Unit 3 Tenant Pays Electric, Water, Hot Water, Heat

Price History of 51 Intervale Avenue

Date Name Price Difference
06/28/2024 Listing Price $639,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 51 Intervale Avenue, Burlington, VT

Location Map Street View
Photo of Crissa Kounavis
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Flex Realty, Flex Realty Group
Sold by Catamount Realty Group, Mark Montross
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6.75%
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PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Flex Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 11/12/2024