Listing Courtesy of:
RE/MAX North Professionals
Agency Phone: 802-655-3333
Associate Name: Mikail Stein
A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms with a history of being rented for $1,100 per bedroom and coin operated washers and dryers bringing in a gross income of over $213,000 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $162,000 or a 8.30% CAP rate, above the market average. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.
Listed By
Agency Name: RE/MAX North Professionals
Agent Name: Mikail Stein
Agency Phone: 802-655-3333
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,756.52 per month $4,339.85 Principal & Interest $2,847.92 Property Tax $568.75 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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21 Hyde Street | MLS# 5095783
This multi-family property located at 21 Hyde Street, Burlington, VT 05401 is currently listed for sale with an asking price of $1,950,000. Hyde Street is located within the Burlington school district. Search Burlington real estate on www.masiellogrouprealestate.com today.