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Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 191
Lot Size 
Approx. Age 1899
MLS® Number 5031301

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. We have the property leased until the end of May in the year 2026 making this a turn key investment. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. The highly desired south end of Burlington attracts the best tenant demographic in the area. Rents continue to increase in our market and over time your cashflow will continue to get better. Currently heat is included with the rents which is a large expense that a savvy investor can fix by separating the heat and allowing tenants to pay their own heat. The garage and residential corridor zoning offer potential for future development of additional units. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look.Show Description
MLS® Number5031301
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age1899
BasementConcrete Floor, Interior Entry, Interior Stairs, Sump Pump
Driveway
Garage Spaces
HeatOil, Hot Water, Zoned
A/CNone
Heating Fuel

Extras

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