Bought with Matt Havers • Flat Fee Real Estate
$1,025,000
$995,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
64-66 Adams ST Burlington, VT 05401
6 Beds
2 Baths
3,656 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,656 sqft
Price per Sqft $280
MLS Listing ID 4997213
Sold Date 07/09/24
Bedrooms 6
Full Baths 2
Construction Status Existing
Year Built 1922
Annual Tax Amount $15,067
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Charming duplex located in the heart of downtown Burlington, Vermont, featuring two spacious apartments, each with 3 bedrooms. Both units boast updated kitchens, ideal for modern living. The property includes durable slate and standing seam roofs, ensuring long-term reliability. Energy efficiency is enhanced with updated insulation in the attic and on basement sills. The attic holds potential for conversion into an additional finished room, adding to the living space. A 2-car detached garage provides ample parking and storage. Currently owner-occupied, the lower unit generates rental income, covering most ownership costs. The lower unit is rented below market value out of loyalty to long-term tenants, presenting an opportunity for future rental income increase. Residents will appreciate the convenience of a short walk to downtown Burlington, the University of Vermont, and Champlain College, making it an ideal location for students, faculty, and professionals. This property blends modern updates with classic charm in a prime location, perfect for investors or those seeking a home with additional income potential.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning R2
Rooms
Basement Entrance Interior
Basement Concrete Floor, Stairs - Interior, Unfinished
Interior
Heating Gas - Natural
Cooling Other
Exterior
Garage Spaces 2.0
Garage Description Detached, Driveway, Unpaved
Utilities Available Cable
Roof Type Slate,Standing Seam
Building
Story 2
Foundation Concrete
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
High Schools Burlington High School
School District Burlington School District
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