214-216 Pine Street
Burlington, VT 05401
$659,000
Price
6
Beds
3
Baths
1,772 Sq. Ft.
$372 / Sq. Ft.
1,772
Sq. Ft.
$372
per Sq. Ft.
Description
Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with...Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.
- Listed by Amanda Headley • Ridgeline Real Estate
Property Details for 214-216 Pine Street
Parking
Parking Spaces 2
ZoningRes
LISTING UPDATED: 09/23/2024 07:13 PM
Property Details for 214-216 Pine Street
| Status | Active |
|---|---|
| MLS # | 5015105 |
| Days on Market | 102 |
| Taxes | $8,892 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1899 |
| Lot Size | 0.04 AC / 1,742 SF |
| County | Chittenden County |
Building Information for 214-216 Pine Street
Stories2Residences3Year Built1899Building Size-Lot Size0.04 AC / 1,742 SF
Property Information for 214-216 Pine Street
Summary
Location and General Information
- City: Burlington
- County: VT-Chittenden
- Latitude: 44.473276000001000
- Longitude: -73.215209000000002
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05401
Taxes and HOA Information
- SPAN Number: 114-035-17167
- Tax Year: 2023
- Taxes TBD: No
School Information
- School - High: Burlington High School
- School - District: Burlington School District
Parking
- Garage: No
- Driveway: Gravel
Property
Lot Information
- Lot - Sqft: 1742.0
- Lot Features: City Lot
- Lot Size Acres: 0.04
- Road Frontage Length: 35.0
- Square Feet Apx Finished Above Grade: 1772.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 2658.0
- Square Feet Apx Total Finished: 1772.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 886.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Block
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1899
Utilities
- Electric Company: Burlington Electric
- Fuel Company: VT Gas
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Other
- Total Gas Meters: 3
- Total Electric Meters: 3
- Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Porch
- Roads: Public
- Roof: Shingle - Asphalt
- Total Ranges: 3
Interior Features
- Appliances: Water Heater – Electric, Water Heater – Owned, Water Heater – Tank
- Basement: Yes
- Basement Access Type: Walk-up
- Basement Description: Crawl Space, Partial, Unfinished
- Total Full Baths: 3
- Flooring: Carpet, Vinyl
- Heat Fuel: Gas - Natural
- Heating: Monitor Type
- Cooling: None
- Total Refrigerators: 3
- Total Stories: 2
Multi Family
Multi-Family Information
- Total Units: 3
- Total 1 BR Units: 0
- Total 2 BR Units: 3
- Total 3+ BR Units: 0
Unit Information
Unit 1
- Unit 1 Style: Flat
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Annual
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 576.0
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $1,675.00
- Unit 1 Tenant Pays: Electric, Heat, Internet Service, Landscaping, Snow Removal
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Style: Flat
- Unit 2 Baths: 1
- Unit 2 Rooms: 5
- Unit 2 Status: Leased
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 576.0
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,950.00
- Unit 2 Tenant Pays: Electric, Heat, Internet Service, Landscaping, Snow Removal
Unit 3
- Unit 3 Lease Term: Month to Month
- Unit 3 Baths: 1
- Unit 3 Rooms: 5
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Month to Month
- Unit 3 Style: Multi-Level
- Unit 3 Apx Sqft: 620.0
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,538.00
- Unit 3 Tenant Pays: Electric, Heat, Internet Service, Landscaping, Snow Removal
Rental
Rent Information
- Total Leases: 3
Property History for 214-216 Pine Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 214-216 Pine Street
Taxable ValueLand$85,700Additions$316,300Total$402,000
Tax Record2022$8,494 ($708 / month)
Home Facts
Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtStories2Lot Size1,742 SqFtStyleTriplexYear Built1899ZoningRMCountyCHITTENDENAPN(035) 049-2-004-000
Schools near 214-216 Pine Street
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 |
|---|---|---|
Champlain School 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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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 Ridgeline Real Estate
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 12/31/2024 03:56 AM
