Homes for sale - 7-11 Fletcher PL, Burlington, VT 05401

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Corina Cisneros

[email protected] +1(603) 273-6160

Listed by Elise Polli • Polli Properties

$ 1,050,000

Est. payment -/mo

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7-11 Fletcher PL Burlington, VT 05401

6 Beds

5 Baths

2,982 SqFt

UPDATED:

11/30/2024 05:58 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,982 sqft

Price per Sqft $352

MLS Listing ID 5021247

Bedrooms 6

Full Baths 5

Construction Status Existing

Year Built 1900

Annual Tax Amount $18,072

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Description

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!

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Res-Medium Intensity

Rooms

Basement Entrance Walk-up

Basement Unfinished, Interior Access

Interior

Cooling Mini Split

Flooring Hardwood, Tile, Vinyl

Exterior

Garage Description Driveway, Off Street, On Street, Parking Spaces 3, Unpaved

Utilities Available Cable - Available, Telephone Available

Roof Type Shingle

Building

Story 2

Foundation Brick, Stone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Choice

Middle Schools Edmunds Middle School

High Schools Burlington High School

School District Burlington School District

Corina Cisneros

Broker Associate/ Owner | License ID: 069247

+1(603) 273-6160

Corina Cisneros

7-11 Fletcher PL Burlington, VT 05401

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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7-11 Fletcher PL