122-124 Intervale Avenue

Burlington, VT 05401

$949,900
Price
7
Beds
4
Baths
3,088 Sq. Ft.
$308 / Sq. Ft.
3,088
Sq. Ft.
$308
per Sq. Ft.

Description

Invest and save! Reap the benefits of owning this 4 unit multi family home in Burlington. This property offers great rental opportunities with a 3 bedroom, 2 bedroom and two 1 bedroom units. The two first floor units have the convenience of a shared laundry room. Also included is a second lot currently being used as a parking lot for the building but could possibly be built on, buyer to confirm with city. Enjoy the convenience to downtown Burlington, Winooski, UVM, the Bus Route, Lake Champlain and...Invest and save! Reap the benefits of owning this 4 unit multi family home in Burlington. This property offers great rental opportunities with a 3 bedroom, 2 bedroom and two 1 bedroom units. The two first floor units have the convenience of a shared laundry room. Also included is a second lot currently being used as a parking lot for the building but could possibly be built on, buyer to confirm with city. Enjoy the convenience to downtown Burlington, Winooski, UVM, the Bus Route, Lake Champlain and so much more!
  1. Listed by Shannon Marcelino • The Marcelino Team

Property Details for 122-124 Intervale Avenue

Parking
Off Street, Parking Spaces 1 - 10, Paved
Zoning
R3
LISTING UPDATED: 10/16/2024 08:10 PM

Property Details for 122-124 Intervale Avenue

StatusActive
MLS #5014007
Days on Market71
Taxes$12,961 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1899
Lot Size0.18 AC / 7,840 SF
CountyChittenden County

Building Information for 122-124 Intervale Avenue

Stories2Residences4Year Built1899Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 122-124 Intervale Avenue

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Latitude: 44.487698000001004
  • Longitude: -73.211100000000002
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-13840
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Burlington High School
  • School - District: Burlington School District
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 7841.0
  • Lot Features: City Lot, Level
  • Lot Size Acres: 0.18
  • Road Frontage Length: 114.0
  • Square Feet Apx Finished Above Grade: 3088.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Assessor
  • Square Feet Apx Total: 4272.0
  • Square Feet Apx Total Finished: 3088.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Assessor
  • Square Feet Apx Unfinished Below Grade: 1184.0
  • Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1899
Utilities
  • Electric Company: Burlington Electric
  • Fuel Company: Vermont Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Phone
  • Total Gas Meters: 4
  • Total Electric Meters: 4
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Cement Exterior
  • Roads: Public
  • Roof: Membrane, Other
  • Total Ranges: 4
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete
  • Total Full Baths: 4
  • Flooring: Carpet, Laminate, Tile
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard, Monitor Type
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
  • Total Water Heaters: 4
Multi Family
Income & Expenses Information
  • Gross Income: $77,652.00
  • Net Income: $56,390.00
  • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Trash, Water, Water/Sewer
  • Operating Expense: $21,262
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
  • Total Heat Units: 4
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rental Amount: $2,421.00
Unit 2
  • Unit 2 Lease Term: Other
  • Unit 2 Baths: 1
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,050.00
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Level Number: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,200.00
Unit 4
  • Unit 4 Lease Term: Daily
  • Unit 4 Level Number: 2
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $1,800.00

Property History for 122-124 Intervale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122-124 Intervale Avenue

Taxable ValueLand$142,600Additions$393,700Total$536,300
Tax Record2022$11,332 ($944 / month)
Home Facts
Total Finished SqFt3,088 SqFtAbove Grade Finished SqFt3,088 SqFtStories2Lot Size7,841 SqFtStyleTriplexYear Built1899Year Renovated1980ZoningRMCountyCHITTENDENAPN(035) 039-4-020-000

Schools near 122-124 Intervale Avenue

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Integrated Arts Academy At H. O. Wheeler
PublicPK to 5

Edmunds Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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122-124 Intervale Avenue is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on September 11, 2024 by The Marcelino Team, it's currently listed at $949,900. This listing's school district is Burlington School District. Nearby schools include Integrated Arts Academy At H. O. Wheeler, Edmunds Middle School and Burlington Senior High School. 122-124 Intervale Avenue is a 7-bed, 4-bath, 3,088 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Marcelino Team

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/2024 09:31 PM