Great investment opportunity in the heart of South Burlington. Located near shopping and bus routes this building contains 30 studio/1 bedroom units. Tenants pay utilities. Shared coin-op laundry in the basement. 32 off street parking spaces located on 3/4 of an acre. Long term tenants provide stable and reliable income.
The median home value in South Burlington, VT is $475,000. This is higher than the county median home value of $449,900. The national median home value is $338,100. The average price of homes sold in South Burlington, VT is $475,000. Approximately 57.79% of South Burlington homes are owned, compared to 38.18% rented, while 4.03% are vacant. South Burlington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Burlington real estate agent to arrange a tour today!
South Burlington, Vermont has a population of 20,042. South Burlington is more family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in South Burlington, Vermont is $83,750. The median household income for the surrounding county is $81,957 compared to the national median of $69,021. The median age of people living in South Burlington is 38.7 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 9.2 degrees. The average rainfall is approximately 36.6 inches per year, with 73.6 inches of snow per year.