Sold price:

$1,021,000

Sold on 02/12/2021

Listed by Re/Max Newport Elite

Description

Super clean 12 Unit on the South West Side of Burlington. Excellent tenant history with very little turnover and almost never a vacancy. Solid all Brick Building with many maintenance free aspects. Large parking lot behind building and ample on street parking. Seven of twelve units refreshed within last twelve months which allowed for increased rent. Remaining units are long term tenants. Offered at 7.8% Cap! Newer roof and windows. Sit back and build equity!

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Property Details

Features Multi-Family

Number of Units: 12 Garage/Parking: Near Public Transit, Outdoor Space
Subdivision:  
Body of Water:  
Est Year Built: 1990  
  Lot Size:
  School District: Burlington Area
High School: Burlington Middle School: Nettie E Karcher
Elementary School: Taxes: $12,584
Zoning: RM2

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Listing History

Date Event Change
Feb 12 2021 12:11PM Status Change Sold
Jan 26 2021 6:10AM Status Change Pending
Jan 20 2021 11:12AM Price Change $990,000
Jan 25 2019 7:38PM Status Change Sold
Dec 16 2018 7:12PM Status Change Pending
Nov 17 2018 7:09PM Status Change ActiveWO
Nov 1 2018 10:39AM Price Change $895,000

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