10.1% cap rate on a mixed use building in downtown Burlington featuring 6 apartment units and 2 commercial spaces all fully occupied. Burlington is in high demand for rentals as wind energy and gas pipeline employees are moving to the area at an unprecedented rate. Opportunity for increased NOI with about half of the current apartments units being leased at below market rents. Current owner has updated/remodeled all apartments, installed new mini split hvac systems, installed a new commercial wifi monitored hot water heater, and invested in a ton of miscellaneous upgrades over the last three years of ownership. Additional income with coin laundry located on second floor. Please reach out to listing agent to schedule viewing - please do not bother tenants.
6,521 Sq Ft
другое
2 237 $ Ежегодный налог
Встроенный 1904
MLS/Идентификатор объявления 4587959
Общая зона
Самоочищающаяся духовка
Шайба
Ассортимент
Духовка
Микроволновая печь
Сушилка
Утилизация
Посудомоечная машина
Style - Traditional
Construction - Stucco
Высокие потолки
Кухонный остров
Construction - Brick
Cooling - Other
Сводчатые потолки
Heating - Electric
Heating - Forced Air
Ковёр
Ламинат
Плитка
Винил
ОБЩАЯ ЕЖЕМЕСЯЧНАЯ СТОИМОСТЬ
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