7-11 Fletcher PL Active Save Request In-Person Tour Request Virtual Tour
Burlington,VT 05401
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
Year Built 1900
Annual Tax Amount $18,072
Tax Year 2024
Lot Size 3,484 Sqft
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
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
Schools
Elementary Schools Choice
Middle Schools Edmunds Middle School
High Schools Burlington High School
School District Burlington School District