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. Although, we have the property leased until the end of May in the year 2026, this would be a great investment for a number of reasons.
With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. One unit is vacant until June 1st, 2025, when a year lease for $3,000/month commences. The vacant unit allows for immediate showings, while the occupied unit requires 48 hours' notice for viewing.
The garage and residential corridor zoning offer potential for future development of additional units. While expenses are estimated, income figures are based on current and past leases.
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.
6,098 Sq Ft Exterior Space
Investment
Built in 1899
MLS/Listing ID 5031301
2 Units
Listing Courtesy of YELLOW SIGN COMMERCIAL INC., PETER M. YEE - 802-598-0006
Source of Data: PRIMEMLS