Multi-Family Home for Sale: 61 Elmwood Avenue, Burlington, VT 05401

7,296 sqft
$2,225,000
$2,225,000
61 Elmwood Avenue, Burlington, VT 05401
7,296 sqft
$2,225,000
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Floor Plans
Walk Score
96
Price:
$2,225,000
$175,000 - 04/20/2020

Type: Multi-Family
Style: Colonial, Multi-Family
Square Feet: 7,296 sqft
Lot Size: 0.30 acres
Year Built: 1920
Taxes Paid: $34,396

City: Burlington
County: Chittenden

MLS: 4794433
Status: Active
DOM: 418 days
Listed by Vermont Real Estate Company, Kara Koptiuch & Jeffrey Amato
Location, location, location!! Excellent investment opportunity to own 16 CONDOS in one of Burlington’s most desirable areas. Tenants' love the convenience of being in eyesight of Pearl Street, a short walk to Church Street, waterfront, University and Medical Center. This low maintenance complex features 16 one bedroom apartments with hardwood flooring/tile in each unit, ample off street-parking, coin-op laundry room and potential for basement storage all on site. Property is condominiumized providing potential Buyer(s) with flexibility to sell units individually in the future. Easy to rent, manage and maintain. Properties like this one rarely come available.

Virtual Tours for 61 Elmwood Avenue Burlington, VT

Lot & Building Features

Utilities: Internet - Cable
Construction: Wood Frame
Cooling: None
Heat Source: Electric, Gas - Natural
Heating: Baseboard, Gas Heater, Electric
Parking Description: Off Street
Sewer: Public
Tax Year: 2019
Taxes Paid: $34,396
Water: Public
Water Heater: Owned
Basement Description: Exterior Access
Foundation: Stone
Lot Description: City Lot
Roof: Membrane, Standing Seam
Exterior: Brick, Wood Siding, Vinyl Siding
Garage: No

Unit Features

Unit 1 Apx Sqft: 672
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Unit 1 Level Number: 1
Unit 1 Rental Agremnt: Yes
Unit 1 Rental Amount: 910.00
Unit 1 Rental Amt Freq: Monthly
Unit 1 Rooms: 3
Unit 1 Status: Leased
Unit 1 Style: Flat Lower End
Unit 1 Tenant Pays: Electric, Heat
Unit 2 Apx Sqft: 672
Unit 2 Baths: 1
Unit 2 Bedrooms: 1
Unit 2 Level Number: 1
Unit 2 Rental Agremnt: Yes
Unit 2 Rental Amount: 950.00
Unit 2 Rental Amt Freq: Monthly
Unit 2 Rooms: 3
Unit 2 Status: Leased
Unit 2 Style: Flat Lower End
Unit 2 Tenant Pays: Electric, Heat
Unit 3 Apx Sqft: 672
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Unit 3 Level Number: 2
Unit 3 Rental Agremnt: Yes
Unit 3 Rental Amount: 945.00
Unit 3 Rental Amt Freq: Monthly
Unit 3 Rooms: 3
Unit 3 Status: Leased
Unit 3 Style: Flat Up End
Unit 3 Tenant Pays: Electric, Heat
Unit 4 Apx Sqft: 672
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Level Number: 2
Unit 4 Rental Agremnt: Yes
Unit 4 Rental Amount: 950.00
Unit 4 Rental Amt Freq: Monthly
Unit 4 Rooms: 3
Unit 4 Status: Leased
Unit 4 Style: Flat Up End
Unit 4 Tenant Pays: Electric, Heat
Unit 5 Apx Sqft: 384
Unit 5 Baths: 1
Unit 5 Bedrooms: 1
Unit 5 Level Number: 1
Unit 5 Rental Agreement: Yes
Unit 5 Rental Amount: 850.00
Unit 5 Rental Amt Freq: Monthly
Unit 5 Rooms: 2
Unit 5 Status: Leased
Unit 5 Style: Flat 1st End
Unit 5 Tenant Pays: Electric, Heat
Unit 6 Apx Sqft: 384
Unit 6 Baths: 1
Unit 6 Bedrooms: 1
Unit 6 Level Number: 1
Unit 6 Rental Agreement: Yes
Unit 6 Rental Amount: 830.00
Unit 6 Rental Amt Freq: Monthly
Unit 6 Rooms: 2
Unit 6 Status: Leased
Unit 6 Style: Flat 1st Interior
Unit 6 Tenant Pays: Electric, Heat
Unit 7 Apx Sqft: 384
Unit 7 Baths: 1
Unit 7 Bedrooms: 1
Unit 7 Level Number: 1
Unit 7 Rental Agreement: Yes
Unit 7 Rental Amount: 850.00
Unit 7 Rental Amt Freq: Monthly
Unit 7 Rooms: 2
Unit 7 Status: Leased
Unit 7 Style: Flat 1st Interior
Unit 7 Tenant Pays: Electric, Heat
Unit 8 Apx Sqft: 384
Unit 8 Baths: 1
Unit 8 Bedrooms: 1
Unit 8 Level Number: 1
Unit 8 Rental Agreement: Yes
Unit 8 Rental Amount: 850.00
Unit 8 Rental Amt Freq: Monthly
Unit 8 Rooms: 2
Unit 8 Status: Leased
Unit 8 Style: Flat 1st Interior

Price History of 61 Elmwood Avenue, Burlington, VT

Date Name Price Difference
04/20/2020 Price Adjustment $2,225,000 7.29%
02/18/2020 Listing Price $2,400,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 61 Elmwood Avenue, Burlington, VT

Location Map Street View Walk Score Bird's Eye

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 not provided by NEREN.

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

Listing information courtesy of: Vermont Real Estate Company

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 for sale on this web 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 04/11/2021