Listed by Coldwell Banker Hickok & Boardman
$925,000
114 South Champlain Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,412
Units 3
Cap Rate 8.33%
NOI $77,039
Price per SqFt $383
Year Built 1899
Acreage 0.090
Zoning Downtown
Multifamily | 3 Units | $308,333/unit
Marketing description
Well-maintained, downtown Burlington, 3-unit multi-family with many recent upgrades in a prime urban location. Residents love the scenic views of Lake Champlain and living only 2 blocks from Perkins Pier/waterfront and the Church Street marketplace. Desirable mix of apartment sizes: a four-bedroom, a two-bedroom, and a one-bedroom apartment. Attractive investment property with a strong cap rate.
Listing Contacts
Listed by Coldwell Banker Hickok & Boardman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,039.00
$6,419.92/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
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