515 S. Union/ 540 St Paul Street, Burlington, VT 05403 (MLS # 4616662)
Listing provided by Warren Palm, C21 Jack Associates/S. Burlington
This property is an ideal situation for owner occupied with a very good positive cash flow with owner occupied financing. This could also work well for extended family situation. Unusual pre-existing situation with 2 residential buildings on one lot. The first at 515 So Union is a large, 1572 sq ft, single family home with 4 bedrooms, large kitchens, living room, den, usable basement, front "sittin'" porch, hardwoods floors, well restored attractive original woodwork and staircase. The 2nd, at 540 St Paul St, has 2 apartments, a 3 bedroom on first level and a 2 bedroom on second level. There are at least 2 scenarios for profitable owner occupied situation; owner living in large house and rent 3 other bedrooms and gets income from the apartments or rent all 4 bedrooms out in house and occupy one of the units in 540 St Paul. Either way there is a really good positive cash flow. This property is very well located and near shopping, schools, I89, public transportation, and only minutes to downtown and colleges.
|Last Updated||8/16/2017||Year Built||1919|
|Prior to Feb 2, '17||$575,000|
|Feb 2, '17 - Jul 5, '17||$525,000|
|Jul 5, '17 - Today||$499,000|
|BASEMENT||Crawl Space, Dirt Floor, Full, Insulated, Unfinished, Yes|
|CONSTRUCTION||Clapboard, Wood Siding|
|EXTERIOR||Porch - Covered, Window Screens|
|HEAT||Gas - Natural|
|LOT||3485 sq ft|
|LOTDESCRIPTION||City Lot, Curbing, Sidewalks, Sloping, Street Lights|
|PARKING||Garage,Off Premises,On Street|
|SEWER||Public Sewer On-Site|
|STYLE||Detached, Multi-Family, Multi-Level, Other|
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Data last updated 8/18/17 5:38 AM PDT
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