Multi-Family for Sale: 7 Monroe Street, Burlington, VT 05401

2 beds
2 full baths
1,216 sqft
$479,000
$479,000
7 Monroe Street, Burlington, VT 05401
2 beds
2 full baths
1,216 sqft
$479,000
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Price:
$479,000

Type Multi-Family
Style Duplex
Beds 2
Total Baths 2 full baths
Square Feet 1,216 sqft
Lot Size 0.04 acres
Year Built 1920
Taxes Paid $7,990

City Burlington
County Chittenden
School District Burlington School District

MLS 5008557
Status Pending
DOM 20 days
This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and separate utilities. Additional perks include storage in the basement, some off-street parking, and resident-only street parking. Enjoy easy access to a corner convenience store, the police station, city parks, and the Church Street Marketplace. Whether you're looking to occupy one unit while renting out the other, or seeking a solid investment opportunity, this duplex is ideal!

Lot & Building Features

Utilities Cable - Available
Construction Vinyl Siding, Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Forced Air, Gas Heater - Vented
Sewer Public
Tax Year 2024
Taxes Paid $7,990
Water Public
Basement Description Stairs - Interior, Unfinished, Storage - Locked, Storage - Assigned
Foundation Brick, Concrete
Lot Description City Lot
Roof Metal, Standing Seam
Features Exterior Fence - Partial, Porch - Covered
Garage No

Community and Schools

Elementary School Assigned
Junior High School Assigned
Senior High School Burlington High School

Unit Features

Unit 1 Apx Sqft 622
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1650.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Leased
Unit 1 Style Flat
Unit 1 Tenant Pays Electric, Heat
Unit 2 Apx Sqft 594
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Owner Occupied
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 4
Unit 2 Status Owner Occupied
Unit 2 Style Flat

Price History of 7 Monroe Street

Date Name Price Difference
08/07/2024 Listing Price $479,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$414,000
$320 / sqft
Average
$414,000
$320 / sqft
High
$414,000
$320 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 2 2.0 $479,000 1,216 $394 N/A
409 Saint Paul Street Burlington 05401 3 1.0 $414,000 1,292 $320 09/22/2023

Map of 7 Monroe Street, Burlington, VT

Location Map Street View
Photo of Terri Brunette
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team
$
20%
1.6680584551148%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

7 Monroe Street (MLS #5008557) is a multi-family listing located in Burlington, VT. This multi-family listing is 1,216 sqft and on a lot of 1,742 sqft (or 0.04 acres) with 2 bedrooms, 2 baths and is 104 years old. This property was listed on 08/07/2024 and has been priced for sale at $479,000.

The 3 bedroom multi-family listing at 409 Saint Paul Street in Burlington is nearby and sold for $414,000 on 09/22/2023.

Nearby zip codes are 05043, 05403, 05404, 05408 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

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: 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 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 09/19/2024