Commercial for Sale: 58-62 North Union Street, Burlington, VT 05401

$1,950,000
$1,950,000
58-62 North Union Street, Burlington, VT 05401
$1,950,000
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Price:
$1,950,000
$150,000 - 11/14/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.20 acres
Year Built 1992
Taxes Paid $33,549
City Burlington
County Chittenden
MLS 5020999
Status Active
DOM 17 days
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown.

Lot & Building Features

Utilities Cable
Construction Vinyl Exterior, Wood Frame
Cooling Wall AC Units
Heating Hot Air
Parking Description Parking Spaces 5 - 10, Paved
Sewer Public
Tax Year 2024
Taxes Paid $33,549
Water Public
Basement Description Full, Stairs - Interior
Foundation Stone
Lot Description (1757, 1763, 1764, 6275, 6293, 6313, 12758), Sidewalks, Landscaped, City Lot
Roof Shingle - Asphalt, Slate

Price History of 58-62 North Union Street, Burlington, VT

Date Name Price Difference
11/14/2024 Price Adjustment $1,950,000 7.14%
11/04/2024 Listing Price $2,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 58-62 North Union Street, Burlington, VT

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Photo of Altona Kercher
Direct: 603-275-0516
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by KW Vermont, Dave Kleh
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1.7205107692308%
6.75%
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58-62 North Union Street (MLS #5020999) is a commercial listing located in Burlington, VT. This commercial listing is on a lot of 8,712 sqft (or 0.20 acres) and is 32 years old. This property was listed on 11/04/2024 and has been priced for sale at $1,950,000.

Nearby zip codes are 05402, 05403, 05404, 05408 and 05446. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: KW Vermont

Copyright 2024 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 11/21/2024