ParkingDriveway, Off Street, On Street, Parking Spaces 3, Unpaved
Year Built1900
HeatingNatural Gas, Baseboard, Heat Pump
CoolingZoned
BasementYes
MLS #5021247
Lot Size0.08 Acres
StatusActive
About 7-11 Fletcher Pl
Location, location, location! Fantastic two-building, 5-unit investment property in close proximity to UVM, UVM Medical Center, and downtown Burlington! 7 Fletcher Place, the largest of the two buildings, houses 3 of the rental units. Off the front porch, access unit 1 on the first floor, comprised of 2 bedrooms, an updated ¾ bathroom, and open-concept living/dining/kitchen area. Upstairs, unit 2 is a 2 bed, 1 bath, offering a bright kitchen/dining room with granite countertops and stainless appliances, welcoming living space, and 2 bonus spaces. The 1 bed, 1 bath 3rd unit of this building has a private entrance at the rear and offers a convenient mudroom area, open-concept living/dining/kitchen. The basement of 7 Fletcher has 2 washers and dryers, currently free for all tenants, and storage space. On the same lot, 11 Fletcher Place sits next door and is comprised of 2 additional rental units, both beautifully renovated with separate utilities, including mini spits! The 1 bed, ¾ bath upper unit includes a bright living room and fantastic eat-in kitchen with stainless appliances. The lower studio unit features a bright kitchen with granite countertops and ¾ bathroom with marble countertops. Tenants pay all utilities- see utility information document for more details. Fully rented out, this low-maintenance property with a desirable 6.59% cap rate is a must-see for investors!
Parking: Driveway, Off Street, On Street, Parking Spaces 3, Unpaved
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Baseboard, Heat Pump
Cooling: Zoned
Other
Directions Information:
Directions: From Main Street in Burlington, turn right onto East Avenue. At the light, turn left onto Colchester Avenue. Fletcher Place will be the first street on your right. 7-11 Fletcher is the second set of buildings on the left. Please park on street for showings.
Price Information
Listing Price Info
Price Summary:
List Price: $1,050,000
Price Per SqFt: $352/SqFt
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Housing Market Comparison
See how this home compares to others in Burlington, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:21:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Edmunds Elementary School
299 Main St
Distance between this listing and this school0.71 miles
Public District Grades KG-5
3
/10
Integrated Arts Academy
6 Archibald St
Distance between this listing and this school1.02 miles
Public Magnet Grades PK-5
5
/10
Sustainability Academy
123 North St
Distance between this listing and this school1.06 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Edmunds Middle School
275 Main St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
2
/10
Winooski Middle School
80 Normand St
Distance between this listing and this school1.53 miles
Public District Grades 6-8
6
/10
Frederick H. Tuttle Middle School
550 Dorset St
Distance between this listing and this school1.92 miles
Public District Grades 6-8
Nearby Schools
1
/10
Winooski High School
80 Normand St
Distance between this listing and this school1.53 miles
Public District Grades 9-12
9
/10
South Burlington High School
550 Dorset St
Distance between this listing and this school2.02 miles
Public District Grades 9-12
4
/10
Burlington High School
52 Institute Rd
Distance between this listing and this school2.22 miles
The neighbors living near this home have an average income of $48,393. Typical income of Burlington, VT residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7-11 Fletcher Pl
What is the listing price of this property?
The listing price of 7-11 Fletcher Pl property is $1,050,000.
What type of property is this?
The property 7-11 Fletcher Pl is land located in Burlington, Vermont, 05401.
Is this property for sale now?
Active Listing: 7-11 Fletcher Pl is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 7-11 Fletcher Pl in Burlington, VT and zip code 05401 in the UVM / Fletcher Allen Health Care neighborhood. This 2,982 square foot home, which was built in 1900, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $1,050,000.
In November 2024, from all listings sold in Burlington, VT there were more than 5 sold above asking price, over 10 sold below and more than 3 were sold right at the asked price. The number of listings in Burlington, VT decreased by 5.4% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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. 
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