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
其他
US$2,237 年度稅款
內建於 1904
MLS/房源編號 4587959
公共區域
自潔烤箱
墊圈
系列
烤箱
微波爐
乾衣機
處置
洗碗機
Style - Traditional
Construction - Stucco
挑高天花板
廚房中島
Construction - Brick
Cooling - Other
拱形天花板
Heating - Electric
Heating - Forced Air
地毯
層壓板
磁磚
乙烯基
每月總成本
US$0
US$0
US$0