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Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties
Located in the coveted Five Sisters Neighborhood in Burlington, VT, this Howard Street duplex offers a remarkable investment opportunity. The two units - both featuring two bedrooms and one full bathroom - provide a perpetual market demand for occupancy with a solid short- and long-term rental history. For the prospects of a future owner occupant, the seller has thoughtfully held the upstairs apartment (previously rented for $1800/month) vacant for the sales process after a long-term tenant recently moved. The main level tenants are currently under lease to 8/31/2022 for $2000/month. Recent updates include some flooring, paint, and fixtures in both units. Vintage charm radiates from the slate roof and wide pine flooring. The level backyard lawn is fully fenced, which is great for pets, and is home to an epic Eastern Cottonwood. All appliances in both units are owned by the seller and will convey. The full basement includes a partial crawl space to the exterior bulkhead and provides additional storage space with interior access from the main level unit. Enjoy three off-street parking spots and access to additional free parking on the surrounding streets. If desired, there is potential for the home to be converted back to a single-family home in the future. This location offers amazing proximity to the bike path, waterfront, Calahan Park, downtown Burlington, employment opportunities, and interstate 89.

Property Details of 59 Howard Street

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 30, 2021.

 

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