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21 Hyde Street, Burlington, VT 05401

$1,950,000
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Active
BEDS16 BATHS4 full SQUARE FEET4,289 MLS#5095783
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBurlington

Listing Courtesy of: RE/MAX North Professionals
Agency Phone: 802-655-3333
Associate Name: Mikail Stein
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Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 2
Heating: Natural Gas, Baseboard, Hot Air, Other, Radiator, Boile
Home Style: Multi-Family
Lot Size: 0.39 Acres
Roof Type: Shingle, Slate
Stories: 2.0
Taxes: $34,175
Year Built: 1899

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 4
Rent: $4400.00
Unit 2:
Bathroom(s): 1
Bedrooms: 3
Rent: $3300.00
Unit 3:
Bathroom(s): 1
Bedrooms: 5
Rent: $5500.00
Unit 4:
Bathroom(s): 1
Bedrooms: 4
Rent: $4400.00
Square Footage: 854

Amenities

Natural Shade
Covered Porch
Enclosed Porch
Window Screens
Double Pane Window(s)

Feature Descriptions

Construction: Clapboard Exterior, Vinyl Exterior
Construction Status: Existing
Days on Site: 34
Driveway: Dirt
Driveway: Dirt
Electric: Circuit Breaker(s)
Exterior: Clapboard Exterior, Vinyl Exterior
Flood Zone: No
Flooring: Carpet, Laminate, Vinyl, Wood
Foundation: Brick, Concrete, Stone
Foundation: Brick, Concrete, Stone
Lot: Sidewalks, Street Lights, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Parking: Driveway, Garage, Off Street, Parking Spaces 11 - 20
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 4289
Total Stories: 2
Units: 4
Water: Public
Zoning: rez

Local Schools

High School: Burlington High School
School District: Burlington

Listed By / Shown By

Listed By

Agency Name: RE/MAX North Professionals
Agent Name: Mikail Stein
Agency Phone: 802-655-3333

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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 Insurance

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