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Residential Income at 198-200 King Street, Burlington
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30 photos

$1,099,000

198-200 King Street
Burlington, VT 05401
Listed by The Steve Audette Team · Coldwell Banker Hickok and Boardman
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1915

About this home

Well-located, 6-unit, brick multi-family property just moments from the Church Street Marketplace, with immediate access to downtown Burlington's coveted retail, dining, and employment hubs. The desirable apartment mix includes five 1-bedroom apartments and one 4-bedroom unit, offering flexibility across tenant profiles and strong rental demand! Recent capital improvements include updated electrical systems with separate panels for each unit. Tenants pay their own heat and electricity for low owner's operating expenses. Additional features include front and rear porches, a large full basement for storage, and a current Certificate of Occupancy from the City valid through 2031. A centrally located, turn-key multi-family with long-term potential in Burlington's core rental market.

Property details

MLS #
5082429
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
127
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres

Location

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Est. monthly payment
$6,768/mo
$219,800 down
$879,200 loan
Principal & interest$5,702
Property tax (est.)$916
Home insurance (est.)$150

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