7-11 Fletcher PlaceBurlington, VT 05401MLS Number 5021247

  • Price: $1,050,000
  • Est. Mortgage of $/month
  • 36 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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7-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 054017-11 Fletcher Place Burlington VT 05401
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  • 0.08Acreage
  • 5Bathrooms
  • 1900Year Built
  • 2,982Square Feet

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Listed by Elise Polli of Polli Properties
Location, location, location! Fantastic two-building, 5-unit investment property in close proximity to UVM, UVM Medical Center, and downtown Burlington! 7 Fletcher Place, the largest of the two buildings, houses 3 of the rental units. Off the front porch, access unit 1 on the first floor, comprised of 2 bedrooms, an updated ¾ bathroom, and open-concept living/dining/kitchen area. Upstairs, unit 2 is a 2 bed, 1 bath, offering a bright kitchen/dining room with granite countertops and stainless appliances, welcoming living space, and 2 bonus spaces. The 1 bed, 1 bath 3rd unit of this building has a private entrance at the rear and offers a convenient mudroom area, open-concept living/dining/kitchen. The basement of 7 Fletcher has 2 washers and dryers, currently free for all tenants, and storage space. On the same lot, 11 Fletcher Place sits next door and is comprised of 2 additional rental units, both beautifully renovated with separate utilities, including mini spits! The 1 bed, ¾ bath upper unit includes a bright living room and fantastic eat-in kitchen with stainless appliances. The lower studio unit features a bright kitchen with granite countertops and ¾ bathroom with marble countertops. Tenants pay all utilities- see utility information document for more details. Fully rented out, this low-maintenance property with a desirable 6.59% cap rate is a must-see for investors!

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More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1900
  • Building ConstructionWood Frame, Wood Siding
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Style2 Bedroom Apartment
  • Unit 2 Total Rooms6
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 Style1 Bedroom Apartment
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Floor Location11 - Lower
  • Unit 4 StyleStudio Apartment
  • Unit 4 Total Rooms2
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • # of 1 Bedrooms3
  • # of 2 Bedrooms2
  • Bathroom5
  • Total Baths5
  • BasementInterior Access, Unfinished
  • FoundationBrick, Stone

Basic Information

  • StatusACT
  • List Price$1,050,000
  • Date Price Change11/06/2024
  • MLS Number5021247
  • MLS StatusActive

Property

  • Acreage0.08
  • GarageNo
  • Parking Spaces
  • Lot Description
    • City Lot
    • Curbing
    • In Town
    • Level
    • Near Hospital
    • Near Paths
    • Near Public Transportatn
    • Near School(s)
    • Sidewalks
    • Street Lights
  • Square Feet2,982
  • APX Fin AG Sqft2,478
  • Road Frontage62
  • AreaVT-Chittenden

Amenities

  • Exterior AmenitiesPorch, Porch - Covered, Porch - Enclosed
  • PricePerSqFt352.11

Other

  • Taxes$18,072.8
  • Tax Year Notes24/25
  • Seasonal Y/NNo
  • TrashMunicipal, Owner, Recycle, Tenant
  • Date Listed11/06/2024
  • Unit 1 Deposit$2,050
  • Unit 2 Rent Amount$2,600
  • Unit 3 Rent Amount$1,450
  • Unit 4 Rent amount$1,500
  • Unit 5 Rent amount$1,800
  • View Count1

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningRes-Medium Intensity
  • Elementary SchoolChoice
  • Junior HighEdmunds Middle School
  • High SchoolBurlington High School
  • Address7-11 Fletcher Place
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade504
  • FloorsHardwood, Tile, Vinyl

Exterior

  • RoofShingle
  • Exterior ColorBlue

Utilities

  • Heat SystemNatural Gas, Baseboard, Heat Pump
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, Telephone Available
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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