512-514 Saint Paul ST Active Save Request In-Person Tour Request Virtual Tour
Burlington,VT 05401
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,793 sqft
Price per Sqft $254
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. We have the property leased until the end of May in the year 2026 making this a turn key investment. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. The highly desired south end of Burlington attracts the best tenant demographic in the area. Rents continue to increase in our market and over time your cashflow will continue to get better. Currently heat is included with the rents which is a large expense that a savvy investor can fix by separating the heat and allowing tenants to pay their own heat. The garage and residential corridor zoning offer potential for future development of additional units. 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