$2,150,000
14.50 BTC
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492 Locust Street, Burlington
$2,150,000
PRICE
3
BEDROOMS
5
BATHROOMS
W8304568
MLSID

492 Locust Street, Burlington

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!
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Summary

Address
492 Locust Street
Community
MLSID
W8304568
Property Type
Fourplex
Property Category
Bedrooms
3
Bathrooms
5
Kitchens
3
Zoning
DC-347
Taxes (Annual)
$13,299.00
Tax Year
2023
Published
May 3, 2024
Days on Market
429 Days
Possession Details
Immediate
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Inclusions

All Appliances as viewed in Unit 4

Exclusions

Tenants Belongings

Details

Property Features
Public Transit, Rec./Commun.Centre, Hospital, Lake/Pond, Arts Centre, Place Of Worship
Security Features
Smoke Detector, Carbon Monoxide Detectors
Bathroom 1
2-Piece Main Level
Bathroom 2
2-Piece Main Level
Bathroom 3
3-Piece Main Level
Bathroom 4
4-Piece Second Level
Bathroom 5
2-Piece Third Level
Parking Spaces
10
Parking Total
10
Parking Features
Mutual
Architectural Style
3-Storey
Lot Width
67 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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