1 of 11

Want to see this property?

Listing courtesy of PRIME_MLS / Dave Kleh / KW Vermont

58-62 North Union

Burlington, VT 05401

– beds
– baths
6,008 sqft
8,712 sqft lot
$315 per sqft
1992 build
– on site

Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.

Listing courtesy of PRIME_MLS / Dave Kleh / KW Vermont

Last checked: Checking… • Last updated Dec 5, 2024 •

MLS# 5020997 —

The Building

Year Built:

1992
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Exterior
Architectural Style:

Multi-Family
Roof:

Shingle, Slate
Foundation:

Stone
Total Stories:

2
Total Units:

10
Approx SqFt Total:

8645
Approx SqFt Total Finished:

6,008 Sqft
Approx SqFt Finished Above Grade:

6,008 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

2637
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Paved, Public

Interior

Basement:

Yes
Basement Description:

Full, Stairs - Interior
Basement Access Type:

Interior

Room Dimensions

Room 1 Dimensions:

0 Sqft
Room 4 Dimensions:

0 Sqft
Room 8 Dimensions:

0 Sqft
Room 11 Dimensions:

0 Sqft

Location

Latitude:

44.482113999999996
Longitude:

-73.209068796295185

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

8,712 Sqft
Lot Acres:

0 Sqft
Zoning:

Res- Medium Intensity
Driveway:

Paved
Road Frontage:

Yes
Road Frontage Length:

87 Sqft
Water View:

No
Water Body Access:

No
Waterfront:

No
ROW - Length:

93.5
ROW - Width:

8.5
ROW - Parcel Access

Yes
ROW to other Parcel

No
Lot Features:

City Lot, Landscaped, Sidewalks, In Town, Near Shopping, Near Public Transportatn, Near Hospital

Listing Agent

Contact info:

Taxes

Tax Year:

2024-2025
Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$33,549.96

Beds

Bedrooms - Level 1:

1
Total 2 Bedroom Units:

1

Baths

Total Full Baths:

8
Quarter Baths:

1
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

315.41
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Natural Gas, Baseboard, Hot Air
Cooling:

Wall AC Units
Fuel Company:

VT Gas

Utilities

Utilities:

Cable
Separate Utilities:

Yes
Sewer:

Public
Electric:

220 Plug, Circuit Breaker(s)
Trash:

Dumpster
Cable Company:

Burlington Telecom
Water Source:

Public
Total Electric Meters:

12

Appliances

Total Refrigerators:

18

Schools

Elementary School:

Assigned
Middle Or Jr High School:

Edmunds Middle School
High School:

Burlington High School
School District:

Burlington School District

The Community

Condo Name:

Monthly
Marina Name:

Monthly
Covenants:

No

Parking

Parking:

Parking Spaces 5 - 10

Extra Units

Unit 1 Bedrooms:

3
Unit 2 Bedrooms:

2
Total 3+ BR Units:

1
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Bedrooms:

1
Unit 5 Baths:

1
Unit 6 Bedrooms:

1
Unit 6 Baths:

1
Unit 8 Bedrooms:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/5/24 Dec 5, 2024	Price Changed	PRIME_MLS	$1,895,000	-2.8%
11/14/24 Nov 14, 2024	Price Changed	PRIME_MLS	$1,950,000	-7.1%
11/4/24 Nov 4, 2024	Listed / Active	PRIME_MLS	$2,100,000

Want a closer look?

Go see 58-62 North Union

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Burlington, VT

Similar sold homes

This multifamily located in Old North End, Burlington, VT 05401 is currently for sale for $1,895,000. 58-62 North Union is a 6,008 square foot multifamily with – beds and – baths that has been on Estately for 47 days. 58-62 North Union is in the Old North End neighborhood of Burlington and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Edmunds Middle School, Burlington High School, and Edmunds Elementary School.

Listing Courtesy of: PRIME_MLS and KW Vermont.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.