Take advantage of an amazing opportunity in one of Burlington’s most sought after neighborhoods. This building has been home to a law firm for the past 30 years and is ready for a new life as a residence. This beautiful building features 3322 square feet of finished space across 3 stories, with the 3rd floor currently set up as a studio apartment. Flexible layout reasonably allows for five bedrooms. Buyer side to verify that the layout and bedroom count works for their purposes. First floor is filled with natural light, with plenty of space to design & build your ideal kitchen and expanded bathroom. Second floor features a kitchenette, bathroom, and 5 additional large rooms for use as bedrooms, office space, playrooms, or whatever your imagination can create. Beautiful covered front porch for enjoying Burlington’s summer evenings. Updated heating system installed in 2022. Perfectly located 2 blocks away from UVM Campus, Champlain College, & Downtown Burlington, with off-street parking for 6 cars. A few blocks away from the public bus line and City Market Coop. This is an ideal Burlington location. OPEN HOUSE Saturday June 8th - 10: 00-Noon.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$685,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $548,000 | $548,000 | $548,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $1,410 | $1,410 | $1,410 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,330 | $3,330 | $4,331 |
Total Monthly Payment | $4,832 | $4,832 | $5,833 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.