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256-258 Pearl Street
Multifamily | 3 Units | $299,667/unit
Listing Contacts
License: VT 081.0004569, VT
Active
Asking Price: $899,000
Address
256-258 Pearl St, Burlington, VT 05401
Show on MapDate Added
May 10, 2024
Days on Market
318 days
Time Since Last Update
77 days
Details
Property TypeMultifamily, Office, Mixed Use
SubtypeExecutive Office, Apartment Building
Square Footage4,276
Price/Sq Ft$210
Cap Rate5.30%
NOI$47,630
Units3
Year Built1899
ZoningRM
Lot Size (acres)0.17
Price/Unit$299,667
Marketing Description
Large, 4,276-SF, 3-unit mixed-use property with a well-established dental office on the first floor. The second floor offers two spacious 2-bedroom apartments with potential to expand into the expansive walk-up attic with vaulted ceiling. Tenants pay heat and electricity. Unbeatable downtown location with plenty of parking and a strong upside on rents.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,630.00
$3,969.17/mo
Valuation Metrics
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0
DSCR
5.3%
Cap Rate
5.3%
ROI
Property History
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Due Diligence
Listing Contacts
- License: VT 081.0004569, VT
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