57-59 Lakeside AvenueBurlington, VT 05401MLS Number 4811428

  • Price: $749,500
  • Est. Mortgage of $/month
  • 125 Days on Market
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Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
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57-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 0540157-59 Lakeside Avenue Burlington VT 05401
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  • 0.16Acreage
  • 3Bathrooms
  • 1899Year Built
  • 2,352Square Feet

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Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
Recently updated 3 unit apartment building located directly across from South End's new class A Hula tech campus in the coveted Lakeside neighborhood and 300 feet from the beach! Excellent owner-occupied opportunity with Airbnb or short term rental potential! Originally constructed and managed by the Queen City Cotton Company for its employees, the entire neighborhood is now one of the most convenient and desirable locations in Burlington. The building was stripped to the studs and totally renovated in 2004 with upgrades to electrical, heating, and plumbing systems. The property includes three units: a 2-bedroom and two 1-bedroom apartments, off street parking, lovely private porches, and a detached garage. Easy access to downtown via the Bike Path or Pine Street and a few steps to the Burlington Surf Club, Oakledge and Lakeside Park, Blanchard Beach, and St. John's Club. Building lot to the East with detached garage not included in this listing. With significant upsides on rent, it's the perfect time to invest in one of the most exciting neighborhoods in Burlington!

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More Info

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • Property TypeMulti-Family
  • List Price$749,500
  • Date Price Change07/15/2020
  • MLS Number4811428
  • MLS StatusActive

Property

  • Acreage0.16
  • Parking Spaces2
  • Square Feet2,352
  • APX Fin AG Sqft2,352
  • Road Frontage50
  • RoadsPublic
  • Lot DescriptionCity Lot Historic District, In Town, Near Paths, Neighborhood

Amenities

  • Exterior AmenitiesPorch - Covered, Porch - Screened

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRLW
  • Elementary SchoolChamplain Elementary School
  • Junior HighEdmunds Middle School
  • High SchoolBurlington High School
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorVinyl Siding
  • RoofSlate
  • Exterior ColorGrey

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Air, Space Heater
  • WaterPublic
  • Water HeaterTank
  • ElectricCircuit Breaker(s)
  • SewerPublic

Other

  • Taxes$10,414
  • Seasonal Y/NNo
  • Unit 1 Deposit$980
  • Unit 2 Rent Amount$930
  • Unit 3 Rent Amount$1,600
  • View Count21

Building

  • Year Built1899
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 StyleFlat
  • Unit 2 Total Rooms3
  • Unit 3 Bath2
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1-2
  • Unit 3 StyleTownhouse
  • Unit 3 Total Rooms5
  • # of 1 Bedrooms2
  • # of 2 Bedrooms1
  • Bathroom3
  • Total Baths3
  • BasementBulkhead, Full, Unfinished
  • FoundationStone
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 October 19, 2020.

 

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