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Property profile & analytics
OFF-MARKET Estimated value $705,000
Apartment buildings

97 King St 103 Burlington, VT 05401-5877

6,080 SF 0.15 ac lot Built 1899
Entity Owned 3-yr Hold Free & Clear
Property ID
US89-0140468
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1899
Total area 6,080 SF
Lot 0.15 ac (6,534 SF)
Zoning code RH
APN (035) 049-3-007-000
UPID US89-0140468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$915k
Comparable Approach Comparable
$490k
Blend (final) Blend
$705k
Owner & transaction history
Burlington Housing Authority · 3 yrs held
Burlington Housing Authority
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
RH · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. The Residential High Intensity (Residential High, RH) district is intended for residential development that includes a mix of housing types such as duplex, triplex, quadplex , townhouse, and mid -sized and larger multi -unit buildings. Single-family detached dwellings are limited to buildings originally built for such purpose. Development is intended to b…

Zone name Residential High Intensity
General category RESIDENTIAL
Zone area 119.88 ac
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