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173-179 South Prospect Street, Burlington, VT 05401

$1,775,000
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Pending
BEDS7 BATHS5 full SQUARE FEET5,239 MLS#5089984
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLBurlington

Listing Courtesy of: Coldwell Banker Hickok and Boardman
Agency Contact: Cell: 802-343-0971
Associate Name: Brian M. Boardman
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Property Description

So much to love in this unique and historic character-filled home. Originally built for a member of Vermont's founding Ethan Allen family, this exceptional Burlington property is beautifully maintained with modern updates. Situated on over a half acre, the backyard is a private oasis with mature shade trees, ample perennial gardens, patios, and artisanal stone walls. With three complete renter-ready units, the property could be owner-occupied, a dedicated income property, or easily restored to a stately single residence. A great setup for multi-generational living with three distinct living spaces, all with internal and exterior access. The central residence, with a brand-new kitchen, offers over 2,500 square feet with 3+ bedrooms brimming with unique features. Its third-floor balcony offers stunning sunset views of the Adirondack Mountains. Two-story kitchen windows face west over the backyard and illuminate the heart of the home. On the south end of the structure, a lovely two-bedroom apartment was recently updated and is flooded with natural light. This two-story unit with two bedrooms has a separate designated driveway and exterior entrance, lending it added privacy. Interior access to this unit from the central residence allows it to be incorporated into the main residence or used as an in-law suite, caretaker or overflow space for family and guests. The 'artist's studio on the north side of the structure was architecturally designed and built in 2009, with a kitchen added in 2018. A spacious two-bedroom apartment, it is connected to the central residence by a delightful sky bridge. It also enjoys direct and private access to the driveway and garden from the ground floor. A barn-style two-car garage with gambrel roofs and unique siding offers second-floor loft space waiting for the next buyer's vision! Easy access to Downtown Burlington, the waterfront, the University of Vermont, the UVM Medical Center, and Champlain College.

173-179 South Prospect Street | MLS# 5089984

This multi-family property located at 173-179 South Prospect Street, Burlington, VT 05401 is currently listed for sale with an asking price of $1,775,000. 173-179 South Prospect Street is located within the Burlington school district. Search Burlington real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete Floor, Interior Stairs, Unfinished, Walkout
Cooling: Central AC
Fenced: Yes
Garage: 2
Heating: Natural Gas, Baseboard, Electric, Hot Air, Radiant
Home Style: Historic Vintage
Lot Size: 0.55 Acres
Roof Type: Membrane, Asphalt Shingle
Stories: 2.5
Taxes: $26,844
Year Built: 1910

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $3000.00
Unit 2:
Bathroom(s): 2
Bedrooms: 2
Unit 3:
Bathroom(s): 2
Bedrooms: 3

Amenities

Balcony
Partial Fence 
Garden Space
Patio
Covered Porch
Shed

Feature Descriptions

Construction: Wood Frame, Metal Siding, Shingle Siding
Construction Status: Existing
Days on Site: 22
Driveway: Gravel
Driveway: Gravel
Electric: 220 Plug, Circuit Breaker(s)
Exterior: Wood Frame, Metal Siding, Shingle Siding
Flood Zone: No
Flooring: Carpet, Hardwood, Marble, Tile
Foundation: Concrete
Foundation: Concrete
Lot: City Lot, Curbing, Landscaped, Mountain View, Sidewalks, Near Public Transportatn, Near Hospital
Parking: Storage Above, Detached, Driveway
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 5239
Total Stories: 2.5
Units: 3
Water: Public
Zoning: Residential

Local Schools

High School: Burlington High School
Middle School: Assigned
Elementary School: Assigned
School District: Burlington

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Hickok and Boardman
Agency Contact: Cell: 802-343-0971
Agent Name: Brian M. Boardman

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Estimated Payment

$ 6,705.09 per month $3,950.38 Principal & Interest $2,237.00 Property Tax $517.71 Homeowner's Insurance

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