Multi-Family for Sale: 55 Monroe Street, Burlington, VT 05401 SOLD

8 beds
3 full baths
2,432 sqft
$826,500
$826,500
55 Monroe Street, Burlington, VT 05401 SOLD
8 beds
3 full baths
2,432 sqft
$826,500
Remove from
FavoritesAdd to
Favorites		 Add to
Trip Map		 Hide Share or
Email
Selling Price: $826,500
Original List Price: $875,000
Sold at 94.5% of list price
Sold Date: 10/08/2024

Get Pre-Approved

Type Multi-Family
Style Apartment Building
Beds 8
Total Baths 3 full baths
Square Feet 2,432 sqft
Lot Size 0.17 acres
Year Built 1960
City Burlington
County Chittenden
School District Burlington School District
MLS 5001338
Status Closed
DOM 56 days
Unlock the potential of this multi-family property tucked away in a premier location but just minutes from Church Street. This well-maintained property features a first-floor 3-bedroom unit, second-floor 3-bedroom unit, and a 2-bedroom townhouse-style unit. Each unit is separately metered for utilities and has ample living space and additional storage in the garage providing comfort and ease for residents. Enjoy a spacious fenced-in backyard and plenty of off-street parking. Leases are all signed and will be on a month to month basis starting the end of July! New boilers installed in units 1 and 3. This opportunity affords new owners to quickly reach market rents in this competitive market. Don't miss out on your opportunity to own a prime piece of real estate in The Queen City!

Lot & Building Features

Appliances Water Heater – Owned
Utilities Cable, Underground Utilities
Construction Brick Exterior
Cooling None
Heat Source Gas - Natural
Heating Baseboard
Parking Description Driveway
Sewer Public
Tax Year 2023
Water Public
Basement Description Concrete Floor, Unfinished
Foundation Fieldstone
Lot Description City Lot
Roof Membrane, Shingle - Asphalt
Features Exterior Balcony, Garden Space, Fence - Partial
Garage Yes

Community and Schools

Elementary School Assigned
Junior High School Edmunds Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1985.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 6
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, TV Service, Internet Service, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1650.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, TV Service, Internet Service, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Month to Month
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1900.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 6
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, TV Service, Internet Service, Heat

Price History of 55 Monroe Street, Burlington, VT

Date Name Price Difference
06/19/2024 Listing Price $826,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Open new tab for directions to this property
Map of 55 Monroe Street, Burlington, VT

Location Map Street View

Inquire about this property

Photo of Elena Kosky
Direct: 603-738-6428
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Coldwell Banker Hickok and Boardman, John Black Real Estate Team
Sold by Coldwell Banker Hickok and Boardman, John Black Real Estate Team
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area
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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Hickok and Boardman

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 11/10/2024