Active with Contract

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Listed by Kathleen OBrien of Four Seasons Sotheby's Int'l Realty
Charming duplex located in the heart of downtown Burlington, Vermont, featuring two spacious apartments, each with 3 bedrooms. Both units boast updated kitchens, ideal for modern living. The property includes durable slate and standing seam roofs, ensuring long-term reliability. Energy efficiency is enhanced with updated insulation in the attic and on basement sills. The attic holds potential for conversion into an additional finished room, adding to the living space. A 2-car detached garage provides ample parking and storage. Currently owner-occupied, the lower unit generates rental income, covering most ownership costs. The lower unit is rented below market value out of loyalty to long-term tenants, presenting an opportunity for future rental income increase. Residents will appreciate the convenience of a short walk to downtown Burlington, the University of Vermont, and Champlain College, making it an ideal location for students, faculty, and professionals. This property blends modern updates with classic charm in a prime location, perfect for investors or those seeking a home with additional income potential.

More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1922
  • Units2
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms6
  • # of 3+ Bedrooms2
  • Bathroom2
  • Total Baths2
  • BasementConcrete Floor, Stairs - Interior, Unfinished
  • FoundationConcrete

Basic Information

  • StatusActive With Contract
  • List Price$995,000
  • Date Price Change05/24/2024
  • MLS Number4997213
  • MLS StatusActive Under Contract

Property

  • Acreage0.18
  • Parking Spaces2
  • Square Feet3,656
  • APX Fin AG Sqft3,656
  • RoadsPublic

Amenities

  • PricePerSqFt272.16

Other

  • Taxes$15,067
  • Seasonal Y/NNo
  • Date Listed05/24/2024
  • Unit 1 Deposit$2,700
  • View Count5

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningR2
  • High SchoolBurlington High School
  • Flood Zone Y/NNo

Exterior

  • RoofSlate, Standing Seam
  • Exterior ColorGrey/Blue

Utilities

  • Heat FuelGas - Natural
  • Heat SystemRadiator
  • ElectricCircuit Breaker(s), Fuses
  • SewerPublic
  • UtilitiesCable

Map Location

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 17, 2024 3:40 PM EDT

 

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