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515 S. Union/ 540 St Paul StreetBurlington, VT 05403MLS Number 4616662

  • Price: $499,000The price has recently decreased
  • Est. Mortgage of $/month
  • 202 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 3Units
  • $57,120Annual Income
  • 0.08Acreage
  • 1919Year Built

This property is an ideal situation for owner occupied with a very good positive cash flow with owner occupied financing. This could also work well for extended family situation. Unusual pre-existing situation with 2 residential buildings on one lot. The first at 515 So Union is a large, 1572 sq ft, single family home with 4 bedrooms, large kitchens, living room, den, usable basement, front "sittin'" porch, hardwoods floors, well restored attractive original woodwork and staircase. The 2nd, at 540 St Paul St, has 2 apartments, a 3 bedroom on first level and a 2 bedroom on second level. There are at least 2 scenarios for profitable owner occupied situation; owner living in large house and rent 3 other bedrooms and gets income from the apartments or rent all 4 bedrooms out in house and occupy one of the units in 540 St Paul. Either way there is a really good positive cash flow. This property is very well located and near shopping, schools, I89, public transportation, and only minutes to downtown and colleges.

Listed by Warren Palm of C21 Jack Associates/S. Burlington

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More Info

Basic Information

  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • StatusACT
  • Units3

Building

  • Bathroom2
  • Total Baths2
  • Year Built1919
  • Water HeaterGas - Natural
  • BasementCrawl Space, Dirt Floor, Full, Insulated, Unfinished
  • FloorsCarpet, Hardwood, Vinyl
  • StyleDetached, Multi-Family, Multi-Level, Other
  • Unit 1 Bath1
  • Unit 1 Bedrooms4
  • Unit 1 Floor Location1 & 2
  • Unit 1 Total Rooms7
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 StyleFlat
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Total Rooms4

Basic Information

  • Date Listed01/31/2017
  • List Price$499,000
  • MLS Number4616662
  • Seasonal Y/NNo

Property

  • ZoningResidential
  • Acreage0.08
  • APX Fin AG Sqft3241
  • FoundationFieldstone
  • Heat FuelGas - Natural
  • Property TypeMulti-Family
  • RoadsPublic
  • Square Feet3241

Utilities

  • Electric100 Amp
  • WaterPublic
  • UtilitiesCable, High Speed Intrnt -AtSite
  • Heat SystemHot Air
  • SewerPublic Sewer On-Site

Other

  • Broker NameC21 Jack Associates/S. Burlington
  • Agent NamePalm
  • Operating Expenses
    • Exterior Maintenance
    • Garbage
    • Ground Maintenance
    • Insurance
    • Maintenance/Repairs
    • Water/Sewer
  • TrashCans
  • bloggingYes
  • Page313
  • Book1102
  • Delayed ShowingsNo
  • Number of Photos21
  • View Count259

Location

  • Street540 St Paul
  • Building Number515 S. Union/
  • TownBurlington
  • Zip05403
  • CountyChittenden
  • Flood Zone Y/NNo
  • Lot Description
    • Curbing
    • In Town
    • Near Public Transportatn City Lot
    • Near Shopping
    • Sidewalks
    • Sloping
    • Street Lights
  • StateVT

Exterior

  • ExteriorClapboard, Wood Siding
  • RoofMembrane, Shingle - Other, Slate
  • Exterior ColorGreen/beig

Amenities

  • Exterior AmenitiesPorch - Covered, Window Screens
  • Interior AmenitiesNot Applicable
  • Parking Spaces1

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Copyright 2017 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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