ellen@ezvermontrealestate.com
802.846.7822Multifamily
Rare investment opportunity on 1.99 acres located in the New North End of Burlington. Existing 4 unit building with strong income stream plus new 2 bedroom 1.5 bath ADA accessible single family and 8 new 2 bedroom duplex style townhouses- a total of 13 rental units in all. Newer units are part of Planned Unit Development. Currently nearing completion, landscaping to be completed. All new units are Energy Star rated, off street parking, two units have attached garage. Convenient location on bus line, near bike path, and minutes to Downtown via 127 Connector.
Property includes 14 rental units(gross monthly income of $10,000+ per month), two former dairy barns on 285.71 acres with fields, pasture and mixed woods. Additional buildings include sheds and seasonal secluded camp. Road frontage is on N.Wolcott Road and Rt. 15. Farmhouse, Rt. 15 house, and brick house have basements, 5 single wide mobile homes and the double wide MH do not have basements. ROW serves the camp and some of the acreage. Valley views may be possible from the camp area. Additional income from winter storage and one office and one store space. Rental details available to qualified buyer. Some owner financing or purchase of a particular section is possible. 211.6 acres of woodland is in the VT. Current Use Program. Forester's report is available for review. Located at jct. of Route 15 and the North Wolcott Road for easy access to Morrisville/Stowe, Craftsbury and Hardwick areas.
Turn Key 3 Separate Buildings - 8 units with 17 total bedrooms. Fully rented - strong financials. Convenient South End Burlington Location. Plenty of parking - 10+ spots. See individual buildings as MLS #4135322, #4135479 and #4135333.
Wonderful investment opportunity in this amazing property. Here is a very rare 9 unit income producing multi family home in Burlington. Total of 16 bedrooms with 7 two bedroom units and 2 one bedroom units, all with great layouts. Long term tenants with an excellent rental history and room to increase rental income. Projected net operating income is $76,328. Possibility to increase cash flow and add coin operated laundry room that can be accessed by all tenants. With off street parking and storage this apartment building is a must see for anyone looking! Motivated Seller.
Great rental property close to downtown, UVM, Fletcher Allen. Large units. Lots of parking. Laundry in basement.
Location, condition, quality.........and lake views from the penthouse! Add in solid rental history to professionals over the years, strong investment numbers and this landmark property is one to grab while you can. Located steps to Burlington's Marketplace, blocks to Colleges and the Hospital this is a superb building for both owner occupied and savvy investor. Carport, 9 parking spots, walk in basement, $50k in improvements the past 3 years. Don't wait - there are few like this in town!
Very well located and maintained multi-family property with 9 units. Property is two separate buildings linked together and each has separate heat units & each has a coin operated washer & dryer in the lower levels. 8 Units are the same with 2 BR's, LR, eat in kitchen & full bath. all have front & rear doors and use of small rear yard. 9th unit is a two story with kitchen, LR/DR and 3/4 bath on first floor and 2 BR's with 3/4 bath on second floor. Each unit has on assigned parking space. Property is fenced, adjacent to police station for great security, has small back yard and newly landscaped front yard & entry area. Most of property burned in 1970 and was built new from the foundation up in 1971. Each apartment has high quality lino in kitchen & baths with carpet in LR & BR's. Walls are a mix of paneling and sheetrock, Tenant's pay electric, landlord pays heat, water & sewer
Very unique and special historic building located in the heart of Stowe village. Lower level currently has 2 commercial spaces which share a 3/4 bath - completely updated in 2008 and has hardwood floors and front unit has wood-burning fireplace. Upstairs level has 1 BR apartment with original wideboard floors, 2 wood-burning fireplaces with specialty woods throughout. Upstairs 2 BR apartment has wideboard and hardwood floors and some wood paneling. Many possibilities for this building - live in part of it, operate your business and rent the rest. Tenants pay all utilities as well as plowing and lawn maintenance. Owner/broker.
Tubbs Mill originally built in 1806 as a leather shop has been transformed over the years into a mill and most famouly the headquarters and manufacturing site for Tubbs Snowshoes. With today's interest in alternative energy, the historical atmosphere of an old mill and the potential for both commercial and residential possibilities, this mill is ripe for a creative, imaginative person to restore the vibrancy of the "Tubbs Mill." A centerpiece to the entrance of Stowe, the beautiful falls, the sound of the river, all enhance the viability of a successful project. Mixed use of residential, restaurant, studio space and small manufacturing are just some of the ideas that come to mind. With federal and state assistance a savvy investor could turn this property into a showpiece of innovative technology and architecture.
Burlington Duplex with (2) four bedrooms apartments, fully rented for 2013 School year.Very well maintained, turn-key property with strong financials, (8%+ Cap Rate) Tenants pay utilities. Great location-near Campus, Fletcher Allen Hospital and Downtown Burlington. Plenty of off-street parking. Call today!
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