About this home
132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.
Listing last checked: Listing updated:
Listed by Lipkin Audette Team · Coldwell Banker Hickok and Boardman · MLS #5086924
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Details at a glance
Interior3 property facts
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Yes · Unfinished
Building3 property facts
- Style
- Multi Family
- Year built
- 1980
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.41 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- RL
Financial2 property facts
- Annual taxes
- $13,222
- Assessment year
- 2027
Location
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Estimated monthly cost
Explore costs at the $599,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,131 / monthAdjust
- Principal & interest
- $3,029
- Property tax
- $1,102
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,222. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Photo-based condition insights
Overall presentation: average
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About 132 Rivermount Terrace
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