60 Clarke Street, Burlington, Vermont 05401

$2,450,000
9,280
SqFt

Listing courtesy of Jessica Laffal from Element Real Estate. ()

List Price
$2,450,000
Status
PENDING
MLS#
4952616
Living Area
9,280
Lot Size
4,356
Acres
0.10
Year Built
1899

Property Description

Attention investors! Don't miss out on this rare opportunity to own a meticulously maintained 10-unit apartment building in the heart of downtown Burlington. The apartments are thoughtfully designed, offering ample space, high ceilings, and large windows that allow for abundant natural light. Many units boast hardwood floors, new appliances, natural or painted wood cabinetry, tile showers, and updated carpet or vinyl flooring. The property has undergone significant capital improvements, including a new slate and copper roof, all new boilers, owned hot water heaters (3 new), and a coin-operated laundry room with 2 new washers and 2 new dryers. The property is fully leased, and in compliance with Minimum Housing Standards through 2026. Please note that parking is not available on the premises; on-street parking only. Interior photos were taken during vacancies. Agent is related to the seller.

Additional Information

Delayed Showing
Yes
Tax Amount
$33,898
Listing Agent
Jessica Laffal
Listing Office
Element Real Estate
Style
Apartment Building, Multi-Family
School District
Burlington School District
Number Stories
3
Electric
Circuit Breaker(s)
Exterior
Vinyl
Construction
Wood Frame
Basement
Full, Unfinished
Flood Zone
Unknown
Garage And Parking
On Street
Foundation
Brick, Stone
Roads
Paved, Public
Driveway
None
Sewer
Public
Units
10
Roof
Slate
Zoning
Residential - HD
Heat Fuel
Gas - Natural
Water Heater
Gas - Natural, Owned, Separate
Heating And Cooling
Hot Water, Radiator
Seasonal
No
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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