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254 & 256-258 Pearl Street
Office | 4.79% CAP | 6,056 SF
Listing Contacts
License: VT 081.0004569, VT
Active
Asking Price: $1,398,000
Address
254 & 256-258 Pearl Street, Burlington, VT 05401
Show on MapDate Added
May 10, 2024
Days on Market
316 days
Time Since Last Update
74 days
Details
Property TypeOffice, Mixed Use
SubtypeExecutive Office
Square Footage6,056
Price/Sq Ft$231
Cap Rate4.79%
NOI$66,975
Units4
Year Built1899/1920
ZoningRM
Lot Size (acres)0.31
Price/Unit$349,500
Marketing Description
Downtown Mixed-use Property With 2 Buildings on 2 Separate Lots Being Sold as a Package. Building 1 is a Mixed-use Property With a Well-established Dental Office on the First Floor and Two 2-bedroom Apartments on the Second Floor. the Walk-up Attic With Impressive Vaulted Ceiling Offers Potential. Located Right Next to Pearl Street Beverage With Plenty of Parking Spaces. Building 2 is a Single-family Home With 1,780 Sq. Ft., 2 Bedrooms, 2 Updated Full Bathrooms, Attached Garage, Nice Yard, and Parking.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,975.00
$5,581.25/mo
Valuation Metrics
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0
DSCR
4.79%
Cap Rate
4.79%
ROI
Property History
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Due Diligence
Listing Contacts
- License: VT 081.0004569, VT
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