72 Main ST Under Contract

Burlington,VT 05401

$ 849900

- Bed

2 Baths

3561 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,561 sqft

Price per Sqft $238

MLS Listing ID 5014955

Full Baths 2

Construction Status Existing

Year Built 1899

Annual Tax Amount $14,992

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Turn key 3 unit commercial building that has great potential for residential conversion on upper three floors. The lower level has a long established barbershop with consistent rental stream and share in maintenance/utility cost. The first floor is currently a self-contained office unit with a reception area, half bath, 2 offices and a conference room. This office sets up nicely for a 3 bed conversion by adding shower to the half bath and kitchen to the reception area. The second and third floor are currently as combined office unit with half bath four offices/conference rooms and large third floor used as additional office space and file storage. The second and third floor sets up for a four bed with shower added to half bath on the second floor and the third floor as living room/kitchen. The site has 12 off street parking spaces. Located in the heart of downtown attractive for tenants to get to the waterfront, UVM, Church Street, Medical Center, etc..Great opportunity and a great return for the right investor.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning FD6 Downtown Core

Rooms

Basement Entrance Walkout

Basement Finished,Full

Interior

Heating Gas - Natural

Cooling None

Flooring Carpet,Vinyl

Exterior

Garage Description Off Street,On-Site

Utilities Available Cable

Roof Type Slate

Building

Story 3

Foundation Stone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Assigned

Middle Schools Edmunds Middle School

High Schools Burlington High School

School District Burlington School District

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