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Courtesy of Curtis Trousdale of Preferred Properties.

59 Howard Street

Burlington, VT 05401
  • $625,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 4889555
UPDATED: 194 min ago
$625,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,307
    SQFT
  • $271
    $/SQFT
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Located in the coveted Five Sisters Neighborhood in Burlington, VT, this Howard Street duplex offers a remarkable investment opportunity. The two units - both featuring two bedrooms and one full bathroom - provide a perpetual market demand for occupancy with a solid short- and long-term rental history. For the prospects of a future owner occupant, the seller has thoughtfully held the upstairs apartment (previously rented for $1800/month) vacant for the sales process after a long-term tenant recently moved. The main level tenants are currently under lease to 8/31/2022 for $2000/month. Recent updates include some flooring, paint, and fixtures in both units. Vintage charm radiates from the slate roof and wide pine flooring. The level backyard lawn is fully fenced, which is great for pets, and is home to an epic Eastern Cottonwood. All appliances in both units are owned by the seller and will convey. The full basement includes a partial crawl space to the exterior bulkhead and provides additional storage space with interior access from the main level unit. Enjoy three off-street parking spots and access to additional free parking on the surrounding streets. If desired, there is potential for the home to be converted back to a single-family home in the future. This location offers amazing proximity to the bike path, waterfront, Calahan Park, downtown Burlington, employment opportunities, and interstate 89.

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© Copyright 2021 New England Real Estate Network, 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 NEREN. 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 2021-11-28T00:05:25.5.
www.thehickeyrealestategroup.com/homes/123040347
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59 Howard Street Burlington, VT 05401

  • Price: $625,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 194 min ago
  • MLS #: 4889555
4
Beds
2
Baths
0
½ Baths
0.1
Acres
2,307
SQFT
$271
$/SQFT
1899
Built
County:
Chittenden
Area:
Burlington
Elementary School:
Edmunds Elementary School
Middle School:
Edmunds Middle School
High School:
Burlington High School
School District:
Burlington School District
Property Description
Located in the coveted Five Sisters Neighborhood in Burlington, VT, this Howard Street duplex offers a remarkable investment opportunity. The two units - both featuring two bedrooms and one full bathroom - provide a perpetual market demand for occupancy with a solid short- and long-term rental history. For the prospects of a future owner occupant, the seller has thoughtfully held the upstairs apartment (previously rented for $1800/month) vacant for the sales process after a long-term tenant recently moved. The main level tenants are currently under lease to 8/31/2022 for $2000/month. Recent updates include some flooring, paint, and fixtures in both units. Vintage charm radiates from the slate roof and wide pine flooring. The level backyard lawn is fully fenced, which is great for pets, and is home to an epic Eastern Cottonwood. All appliances in both units are owned by the seller and will convey. The full basement includes a partial crawl space to the exterior bulkhead and provides additional storage space with interior access from the main level unit. Enjoy three off-street parking spots and access to additional free parking on the surrounding streets. If desired, there is potential for the home to be converted back to a single-family home in the future. This location offers amazing proximity to the bike path, waterfront, Calahan Park, downtown Burlington, employment opportunities, and interstate 89.
Exterior Features

Area Description Near ShoppingNeighborhoodNear Public Transportatn Construction Timber Frame Driveway DirtGravel Exterior ClapboardVinyl Siding Exterior Features Fence - FullNatural ShadePorchPorch - CoveredShed Has Garage No Lot Description LevelSidewalksStreet Lights Parking DrivewayOn-SiteOn StreetUnpaved Road Frontage Yes Road Frontage Length 42 Roads Public Roof Slate Style Multi-Family

Interior Features

Basement Access Type Interior Basement Description BulkheadCrawl SpaceDirt FloorFullUnfinishedInterior Access Cooling None Flooring CombinationSoftwoodVinyl Foundation BrickStone Has Basement Yes Heating Direct Vent Total Heated Units 2 Total Ranges 2 Total Refrigerators 2 Total Water Heaters 2 Unit1 Approx Sq Ft 1262 Unit1 Baths 1 Unit2 Approx Sq Ft 1045 Unit2 Baths 1 Water Heater Gas - NaturalOwned

Property Features

Auction No Cable Company Burlington Telecom Construction Status Existing Easements No Electric On-Site Electric Company Burlington Electric Flood Zone Unknown Fuel Company Vermont Gas Heat Fuel Gas - Natural Phone Company Burlington Telecom Planned Urban Developmt No Possession At Closing Pre Construction No Seasonal No Separate Utilities Varies Sewer Public Sewer On-Site Tax Gross Amount 10511.96 Tax Year 2021 Taxes Tbd No Total Electric Meters 2 Total Gas Meters 2 Total Leases 1 Total1 Bed Units 0 Total2 Bed Units 2 Total3 Plus Bed Units 0 Unit1 Info Appliances IncludedCeiling FanDishwasherDryerHeat - Natural GasLaundry HookupMicrowavePorchRange - ElectricRefrigeratorWasher Unit1 Rental Amount 2000 Unit1 Tenant Pays ElectricHeatHot WaterInternet ServiceTv Service Unit2 Info Appliances IncludedCeiling FanDryerHeat - Natural GasLaundry HookupMicrowavePorchRange - ElectricRefrigeratorWasher Unit2 Rental Amount 1800 Unit2 Tenant Pays ElectricHeatHot WaterInternet ServiceTv Service Utilities Cable - AvailableHigh Speed Intrnt -AvailTelephone Available Water Public Water - On-Site Zoning Residential - Low Density

Courtesy of Curtis Trousdale of Preferred Properties.


© Copyright 2021 New England Real Estate Network, 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 NEREN. 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 2021-11-28T00:05:25.5.
 
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