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  • Listed by: Cannizzaro Real Estate • Shawn P. Nolan
    Bought with: KW Vermont
    Price Unknown

    221 Saint Paul Street, Burlington, VT 05401

    8beds
    3,394sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,500 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,500/mo

    Zestimate® history
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    What's special

    Unlimited Possibilities for income generation! Not just a 2-unit, 8-9 bedroom building….but a turn-key short/long term housing solution in a city that needs just that! Prime location at the edge of Burlington’s Downtown Transition neighborhood and gateway to the dynamic South End. One look at the CAP RATE will convince you that this property deserves a serious look. Architectural plans and thoughtful site improvements have expanded city approved parking on the over-sized lot. This has created exciting potential for further development, now or in the near future, depending on your needs. Make an appointment for a preview and let us show you what this very special opportunity is all about. Possibilities include: Traveling nurses or other un-housed workers, Short or longer term rentals, Airbnb, hostel, etc. Finished Basement /Studio is currently non-conforming, but could be a possible 3rd unit. ***Make sure to click link for VIRTUAL TOUR ******Please see DOCUMENTS section for access to downloadable PDF containing much relevant information including: Development Possibilities, Architect’s Renderings, Site improvements, Permits info, and much more!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn P. Nolan,

    Cannizzaro Real Estate 802-862-9700,

    Paul Cannizzaro,

    Cannizzaro Real Estate

    Bought with:

    Dave Kleh

    KW Vermont

    Source: PrimeMLS,MLS#: 4954037MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Hot Air
    Cooling
    • None
    Appliances
    • Included: Natural Gas Water Heater, Owned Water Heater
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Concrete Floor,Partially Finished,Interior Stairs,Interior Access,Exterior Entry,Basement Stairs,Walk-Out Access
    Interior area
    • Total structure area: 3,605
    • Total interior livable area: 3,394 sqft
    • Finished area above ground: 2,386
    • Finished area below ground: 1,008

    Property

    Parking
    • Parking features: Crushed Stone, Driveway, On Site
    • Has uncovered spaces: Yes
    Features
    • Levels: Two,Multi-Level
    • Patio & porch: Covered Porch
    • Exterior features: Balcony, Deck, Garden, Storage
    • Fencing: Partial
    • Frontage length: Road frontage: 50
    Lot
    • Size: 8,276 Square Feet
    • Features: City Lot, Level, Sidewalks
    Details
    • Zoning description: FD5 Downtown Center

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Cedar Exterior, Clapboard Exterior
    • Foundation: Brick
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable at Site

    Community & HOA

    Location
    • Region: Burlington

    Financial & listing details

    • Annual tax amount: $11,833
    • Date on market: 5/24/2023

    Price history

    DateEventPrice
    7/7/2023Sold$750,000$221/sqft
    Source: PrimeMLS #4954037 Report a problem
    5/30/2023Contingent$750,000$221/sqft
    Source: PrimeMLS #4954037 Report a problem
    5/24/2023Listed for sale$750,000$221/sqft
    Source: PrimeMLS #4954037 Report a problem
    11/21/2022Listing removed--
    Source: PrimeMLS #4925487 Report a problem
    8/15/2022Listed for sale$750,000$221/sqft
    Source: PrimeMLS #4925487 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 05401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Burlington School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.