Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
67 x 132 ft
Retail Area
1,064 ft2
Office/Apt Area
2,596 ft2
Total Area
3,660 ft2
Approximate Age
100+
Elevator
None
Air Conditioning
Y
Basement
Y
Garage Type
None
Heat Type
Gas Hot Water
Financial Statement
Y
Net Income Before Debt
$87,326
Insurance Expense
$3,184
Taxes Expense
$13,299
Other Expenses
$6,189
Year Expenses
$2,023
Expenses Actual/Estimated
Act
% Building
100
Outside Storage
N
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
DC-347
Seller Property Info Statement
N
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