VT > Burlington
Burlington, VT 05401,512-514 Saint Paul ST
Burlington, VT 05401,512-514 Saint Paul ST
Burlington, VT 05401,512-514 Saint Paul ST
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Listed by Peter M Yee • Yellow Sign Commercial Inc.
$729,900
Est. payment /mo
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2,793 SqFt
Price Dropped by $10K

512-514 Saint Paul ST Burlington, VT 05401

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Molly Smith

Molly Smith

+1(508) 980-9042

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,793 sqft

Price per Sqft $261

MLS Listing ID 5031301

Construction Status Existing

Year Built 1899

Annual Tax Amount $14,118

Tax Year 20242024

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. Although, we have the property leased until the end of May in the year 2026, this would be a great investment for a number of reasons. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. One unit is vacant until June 1st, 2025, when a year lease for $3,000/month commences. The vacant unit allows for immediate showings, while the occupied unit requires 48 hours' notice for viewing. The garage and residential corridor zoning offer potential for future development of additional units. While expenses are estimated, income figures are based on current and past leases. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Residential - Corridor

Rooms

Basement Entrance Interior

Basement Concrete Floor, Stairs - Interior, Sump Pump, Interior Access

Interior

Cooling None

Exterior

Garage Spaces 2.0

Utilities Available Cable - At Site, Gas - At Street

Roof Type Slate

Building

Story 2

Foundation Brick, Stone

Sewer Public Sewer On-Site

Architectural Style Duplex

Construction Status Existing

PrimeMLS

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agent

Molly Smith

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+1(508) 980-9042

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512-514 Saint Paul ST

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