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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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21 Hyde St , Burlington, VT 05401
$1,750,000
Est. Payment: $3,888.89/mo
16 Bed
5 Bath
4289 Sqft
Status: Active | Days on site: 83
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House Description

A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms currently estimated at just under $900 per bedroom and coin operated washers and dryers bringing in a gross income of $173,500 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $122,000 or a 7% CAP rate. Over the last few years with larger UVM enrollment rents have been as high as $1,100 per bedroom, roughly a 9% CAP. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

Highlights

Listed by Mikail Stein , 802-861-6248 RE/MAX North Professionals , 802-655-3333.

Property Type

Multi-Family

Lot/Acreage
0.39

Year Built

1899

County

Chittenden

School District

Burlington School District

Listing ID

5095783

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:5
  • Full Bathrooms:
  • 3/4 Bathrooms:5
Floor:Carpet,Laminate,Vinyl,Wood
Above Ground Sq Ft:4289
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:rez
Roof:Shingle,Slate
Others:
  • Additional:Natural Shade, Covered Porch, Enclosed Porch, Window Screens, Double Pane Window(s)
Sewer:Public
Parking Features:Driveway,Garage,Off Street,Parking Spaces 11 - 20
Principal Interest
$3,889
Taxes
$2,848

Home Price

$1,750,000

Loan Details

30 yrs
%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,888.89 $2,847.97 $0.00 $6,736.86
Yearly $46,666.67 $34,175.68 $0.00 $80,842.35
Total $1,400,000.00 $1,025,270.40 $0.00 $2,425,270.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Burlington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.