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15
Photos
45 East Terrace, South Burlington, VT 05403
$585,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
2,286
sqft
Built in
1950
Outstanding investment opportunity awaits! 45 East Terrace is a spacious 4 bedroom plus den, 3 bath home in a sought after South Burlington location. The property is currently being used as a rental property. This is a great opportunity to continue as an investment, or convert to a single family home at the culmination of the current Lease! The upper level offers an open floor plan, with the kitchen overlooking both the dining and living rooms. A large sunroom, with deck access, is located just off the kitchen. 3 bedrooms are found on the main level, in addition to a full and 3/4 bath. The lower level has an additional large bedroom with egress window, family room, an additional room for a den/office and another 3/4 bath. This floor also has a spacious laundry room with washer and dryer with an adjacent entrance. The property sits on .26 acres with a well maintained yard that is partially fenced, a storage shed, gardening space and a large exterior deck for entertaining! 45 East Terrace is close to UVM, the Medical Center, Staples Plaza, University Mall and Burlington Tennis Club. The current Lease is in place until May 27, 2025. Renters pay $5,000/month plus all utilities (gas, electric, water, trash, internet). Further lease details available upon request.
Features & Amenities
Interior
- Appliances:
- Cooktop - Electric,Dishwasher,Dryer,Refrigerator,Washer,Water Heater - Electric
- A/C:
- None
- Heating:
- Baseboard, Gas - Natural
Exterior
- Parking:
- Driveway,Paved
Construction
- Roofing:
- Membrane
- General:
- 2, Concrete
Location
- Road/Access:
- Paved
- School District:
- South Burlington Sch Distict
- County:
- VT-Chittenden
Lot
- Driveway:
- Paved
- Zoning:
- Residential
Utilities
- Utilities:
- Cable
- Sewer:
- Community
This listing courtesy of:
Pomerleau Real Estate, Kendra Kenney
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About South Burlington, VT
Housing
- Number of Units
- 9,191
- Median Home Value
- $345,889
- Median Rent
- $1,367
39.27% of housing units are renter occupied.
5.23% are vacant.
Commute
- Car
-
66.30%
- Public Transportation
-
2.21%
- Walk to Work
-
3.22%
- Work from Home
-
26.09%
- Other
-
0.31%
The median travel time to work is 14 minutes.
People
- Population
- 19,752
- Median Age
- 40.20
- Median Household Size
- 2.49
Education
- High School
-
14.58%
- Associate’s Degree
-
10.66%
- Bachelor’s Degree
-
35.20%
- Graduate Degree
-
21.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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