$995,000 $5,341 est/mo Sourced by Back At You

64-66 Adams Street,Burlington, VT 05401

Burlington VT, 05401

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Description

Charming duplex located in the heart of downtown Burlington, Vermont, featuring two spacious apartments, each with 3 bedrooms. Both units boast updated kitchens, ideal for modern living. The property includes durable slate and standing seam roofs, ensuring long-term reliability. Energy efficiency is enhanced with updated insulation in the attic and on basement sills. The attic holds potential for conversion into an additional finished room, adding to the living space. A 2-car detached garage provides ample parking and storage. Currently owner-occupied, the lower unit generates rental income, covering most ownership costs. The lower unit is rented below market value out of loyalty to long-term tenants, presenting an opportunity for future rental income increase. Residents will appreciate the convenience of a short walk to downtown Burlington, the University of Vermont, and Champlain College, making it an ideal location for students, faculty, and professionals. This property blends modern updates with classic charm in a prime location, perfect for investors or those seeking a home with additional income potential.

Details

MLS#4997213
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Year1922
Days On Site25
Listing Provided ByFour Seasons Sotheby's Int'l Realty | Kathleen OBrien

Features

SQ Feet3,656
Garage2
BasementY
Story(s)2
ZoningR2

Market Activity 05401



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Listings Checked: 6 minutes ago
StateVT
CountyVT Chittenden
CityBurlington
Zip Code05401
AreaChittenden
School DistrictBurlington School District
Listing VS Median (in 05401)
Price:
$995,000
low | high
Med:
$675,000
82.1608040201% of Average
SqFt:
3,656
low | high
Med:
1,950
96.663019693654% of Average
$ / SqFt:
$272
low | high
Med:
$346
22.810204870506% of Average
On Site:
25
low | high
Med:
42.000000
59.52380952381% of Average
Sourced by Back At You
Listing Updated: June 2, 2024 at 9:38:26 AM PDT