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Listed by Tanner Faucett of Element Real Estate
Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.

Property Details of 50 Bright Street

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 December 5, 2023 12:42 AM EST

 

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