39-41 King StreetBurlington, VT 05401MLS Number 5000890

  • Sale Price: $803,093
  • 78 Days Since Sale
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Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
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39-41 King Street Burlington VT 05401
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  • 3,844Square Feet
  • 0.11Acreage
  • 1899Year Built
  • 2023Tax Year
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.
Listed by Nancy Warren of Coldwell Banker Hickok and Boardman

Listing Sold by Coldwell Banker Hickok and Boardman

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Tax Information

  • Tax Year2023

Building

  • Year Built1899
  • Building ConstructionWood Frame, Wood Siding
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location1
  • Unit 2 StyleFlat
  • Unit 2 Total Rooms6
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location2
  • Unit 3 StyleFlat
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 Floor Location3
  • Unit 4 StyleFlat
  • Unit 4 Total Rooms1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms2
  • BasementUnfinished
  • FoundationAxle

Basic Information

  • StatusSLD
  • List Price$829,000
  • Date Price Change06/17/2024
  • MLS Number5000890
  • MLS StatusClosed
  • Sale Date10/31/2024

Property

  • Acreage0.11
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCorner, Curbing, Street Lights
  • Square Feet3,844
  • APX Fin AG Sqft3,844
  • Road Frontage144
  • AreaVT-Chittenden

Other

  • Taxes$16,120.32
  • Tax Year Notes2023-2024
  • Seasonal Y/NNo
  • Date Listed06/17/2024
  • Unit 1 Deposit$1,800
  • Unit 2 Rent Amount$1,600
  • Unit 3 Rent Amount$1,600
  • Unit 4 Rent amount$800
  • View Count10

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRes-Multifamily
  • Address39-41 King Street
  • Flood Zone Y/NUnknown

Exterior

  • RoofMembrane, Metal, Shingle - Asphalt, Slate

Utilities

  • Heat SystemNatural Gas, Gas Heater
  • Electric220 Volt
  • SewerPublic
  • UtilitiesCable - Available, Gas - On-Site

Amenities

  • PricePerSqFt208.92
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 January 16, 2025 9:23 PM EST

 

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