* The income limits to be eligible for this home are different than our typical Shared Equity Program homes. Please see income chart below.

 

Pricing Details

Market Value: $310,000
CHT Investment: $140,000
Buyer’s Price: $170,000

The market value is the value of the home if it were sold in the traditional market. CHT has an investment in the home which brings the price that the buyer will have to pay down to the listed Buyer’s Price.

Description

Conveniently located 3 bedroom, 1.5 bath half duplex home located in the Old North End of Burlington! This home features a spacious kitchen, open dining and living room area, all with hardwood floors. There is also a full basement and off-street parking.

Just minutes to downtown Burlington, Lake Champlain, bus line, parks and schools!

Estimated Monthly Costs

This estimate assumes a 30-year fixed rate loan for the buyer’s price at a 4% interest rate with no points. Actual payment may vary depending on the loan product for which the buyer or property qualify.

Mortgage: $812
Taxes: $362
Homeowner Association Fee: $25
CHT Membership Fee: $45
Insurance: $15
Total per month: $1,259

* The income limits to be eligible for this home are different than our typical Shared Equity Program homes. Please see income chart below.

Household Size Maximum Income
1 person $53,700
2 person $61,400
3 person $69,050
4 person $76,700
5 person $82,850
6 person $89,000

Property Features

  • Year Built: 2007
  • Style: Duplex Style Home
  • Total Finished Sqft: 1,111
  • Basement: Unfinished Basement
  • Garage: None - Off Street Parking
  • Heat: Hot Water Baseboard - Natural Gas
  • Water Heat: Natural Gas - owned
  • Sewer: Public
  • Water: Public
  • Appliances Included: Refrigerator, Gas Stove, and Dishwasher
  • Washer and Dryer Hook-ups: Yes

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