515 S. Union/ 540 St Paul Street, Burlington, VT 05403 (MLS # 4616662)

Listing provided by Warren Palm, C21 Jack Associates/S. Burlington

Price $499,000
Status Active
Beds 0
Baths 0 bath
Home size 3,241 sq ft
Lot Size 3,484 sqft
Days on Market 199
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.
Property Type(s): Multi Family
Last Updated 8/16/2017 Year Built 1919
Garage Spaces 1.0 County Chittenden

Price History

Prior to Feb 2, '17$575,000
Feb 2, '17 - Jul 5, '17$525,000
Jul 5, '17 - Today$499,000

Additional Details

BASEMENTCrawl Space, Dirt Floor, Full, Insulated, Unfinished, Yes
CONSTRUCTIONClapboard, Wood Siding
EXTERIORPorch - Covered, Window Screens
GARAGEDetached, Yes
HEATGas - Natural
INTERIORNot Applicable
LOT3485 sq ft
LOTDESCRIPTIONCity Lot, Curbing, Sidewalks, Sloping, Street Lights
PARKINGGarage,Off Premises,On Street
SEWERPublic Sewer On-Site
STYLEDetached, Multi-Family, Multi-Level, Other



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Data last updated 8/18/17 5:38 AM PDT


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