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
di̇ğer
$2.237 Yıllık Vergi
Yerleşik 1904
MLS/Liste Kimliği 4587959
Heating - Electric
Vinil
Fayans
Laminat
Halı
Heating - Forced Air
Yüksek Tavanlar
Bulaşık makinesi
İmha
Cooling - Other
Kurutucu
Mikrodalga
Fırın
Mutfak Adası
Kemerli Tavanlar
Ortak Alan
Aralık
Kendi Kendini Temizleyen Fırın
Yıkayıcı
Style - Traditional
Construction - Brick
Construction - Stucco
TOPLAM AYLIK MALİYET
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