$498,900
Estimated Payment$2,356/mo
Multi-Family For SalePrice Drop -$26,000

378 Queen City Park Road, Burlington, VT 05403

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2,340Sq. Ft.
2-Story Multi-Family Home In South End

Fully Renovated In 2008 With All New Utilities, Roof, Etc, This fabulous 4 bedroom Colonial rental property is in a prime location at the southern edge of Burlington's popular South End! Perfect for off-campus housing, home office, bed and breakfast, etc. Each huge bedroom has its own full bathroom for privacy of each tenant and space for an office area, while common areas are open, airy, and well maintained with natural wood floors and plenty of space. Current owner rented rooms for $825 each plus utilities, but current comparables warrant $1000/room +, grossing the owner $48,000 per year. Low maintenance costs result in an expected cap rate of 5.5-6%. Five minute drive to Uvm, Burlington Airport, or Downtown Burlington. One minute to supermarkets, Starbucks, or the Arts/Brewery District! One of the most convenient locations in the city, walking distance from the best hiking trails in Burlington. This place has it all... easy to shop, easy to play, easy to travel... easy to rent!

378 Queen City Park Road is a multi family-home located in Chittenden, the 05403 ZIP Code, and the Champlain Elementary School, Edmunds Middle School, and Burlington High School attendance zones.

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378 Queen City Park Road
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Location
378 Queen City Park Road Burlington, VT 05403
Home Details

Interior Details

General

  • Flooring: Hardwood
  • Water Source(s): Public
  • Interior Features: Gas Natural

Rooms

  • Basement: Yes
  • Basement Details: Yes
  • Basement Features: Concrete, Concrete Floor, Crawl Space, Unfinished

Utilities

  • Heating Details: Baseboard, Gas Heater, Hot Water
  • Electric Details: Circuit Breaker s

Property Details

Parking

  • Parking Features: Driveway, Off Street, On Site, Parking Spaces 5
  • Other Parking: Driveway, Off Street, On Site, Parking Spaces 5

General

  • Water Source(s): Public
  • Lot Features: City Lot, Trail Near Trail
  • Stories: 2
  • Road Surface: Paved

Construction Details

  • Architectural Style: Colonial
  • Construction Materials: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete
  • Roof: Shingle Asphalt

Location Details

Region

  • City/Region: Chittenden

    MLS Details

    General

    • Days on Homes.com: 39
    • MLS Number: 4918104
    • Listed: 7/1/2022
    • Last Updated: 8/4/2022
    • Offered By: Re/Max North Professionals
    • Listing Source: New England Real Estate Network
    Monthly Payment Calculator

    $2,356

    Estimated Mortgage
    Principal & Interest
    $1,683
    Insurance
    $175
    Taxes
    $499
    Mortgage Insurance
    $0
    i
    Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
    i
    If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
    Price History
    • DateEventPrice
    • 08/04/2022$26,000$498,900
      Source: New England Real Estate Network
    • 07/04/2022$54,100$524,900
      Source: New England Real Estate Network
    • 07/01/2022listed$579,000
      Source: New England Real Estate Network
    Nearby Schools
    School data provided by GreatSchools
    i
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
    Points of Interest

    Airports

    Distance
    • Burlington International
      7.3 mi

    Colleges

    Distance
    • Champlain College
      2.5 mi
    • University of Vermont
      3.1 mi
    • Saint Michael's College
      6.0 mi

    Military Bases

    Distance
    • Plattsburgh Air Force Base
      37.2 mi

    Parks and Recreation

    Distance
    • Echo Lake Aquarium & Science Center
      2.5 mi

    Shopping Centers

    Distance
    • Burlington Plaza
      0.5 mi
    • Shelburne Road Plaza
      0.9 mi
    • Clock Tower Square
      0.9 mi
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    Listing Agent
    Steve Taubman
    RE/MAX North Professionals
    Burlington, VT
    Continue Your Search

    $498,900

    2,340 Sq. Ft.

    378 Queen City Park Road

    Burlington, VT 05403

    Steve Taubman
    RE/MAX North Professionals