Listing courtesy of Nancy Warren, Coldwell Banker Hickok and Boardman Phone: 802-863-1500
39-41 King Street, Burlington, VT, 05401
16 rooms
9 beds
1899
Apartment Building
3,844 sqft
Welcome to your new investment opportunity! This multi-family 4-unit building presents a lucrative prospect for both investors and residents alike. Situated near the tranquil waterfront, residents can enjoy the serene beauty of nature while still being within arm's reach of urban conveniences. Each unit within this property offers its own unique appeal, with ample space and privacy for comfortable living. However, the real potential lies in the opportunity for upgrades. Imagine the possibilities once several of the units are renovated to modern standards, attracting higher rents and increasing overall property value. But that's not all, one of the units has already undergone a transformation. The 2-bedroom first floor unit boasts a fresh rehab, featuring contemporary finishes and new appliances. In a region where parking can be a challenge, this property stands out with its rare offering of 4 designated parking spaces. Residents can rest assured knowing they have a secure spot waiting for them right at home. Convenience is key, and this property delivers. With amenities such as shops, restaurants, and recreational facilities just a stone's throw away, residents can enjoy the best of both worlds – the tranquility of being within minutes to the waterfront combined with the ease of access to everyday essentials.
Status:
Pending
Type:
Multi-family
Units:
4
Zoning:
Res-Multifamily
Frontage:
144
Heating:
Gas Heater
Cooling:
None
Basement:
Unfinished
Acreage:
0.11
Est. Taxes:
$16,120
Lot Description:
Corner,Curbing,Street Lights
MLS #:
5000890