Multi-Family: MLS #5093240 Burlington, VT $ 650,000
Multi-Family: MLS #5093240
$ 650,000
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Multi-Family: MLS #5093240

Burlington, VT, 05401
$ 650,000
Bedrooms4 Baths2.0 Sq 1,758

Monthly Estimate*

$ 4,104

Listed by Jacqueline Marino, RE/MAX North Professionals, 802-343-4969, Jackie@jackiemarino.com
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Multi-Family Home for sale in Burlington, VT

for $650,000 with 4 bedrooms and 2 full baths. This 1,758 square foot home was built in 1904 on a lot size of 0.15.

Updated duplex on a large corner lot in sought after South End University district. Almost $175,000 worth of updates over the past 6 years. Excellent rental history. Termendous potential to expand building to increase income by adding a 3rd unit or bedrooms to existing units. Unit 2 currently has 3 rooms that can function as bedrooms. Parking and green space for more bedrooms or units already exist with the large side yard and recently paved 6+ parking spot driveway. Walk to UVM, the Medical Center, Champlain College, downtown and the South End shops and restaurants. Perfect for owner-occupancy or as a tremendous investment property. The current owner has taken this building to the next level both mechanically and cosmetically. Recent updates include extensive remodeling of the 2nd and 3rd floors.  Updates to Apt #2 include: new hardwood floors, a new kitchen with granite countertops, stainless steel appliances, a gas range, hood fan, baseboard heat, Mission-style masonite interior doors, light fixtures, and a tile shower and floor in the 3/4 bath. Both interior stairways have been rebuilt with risers and hardwood treads. Other structural updates include replacing or repairing all roofs, repointing bricks, paving the driveway, and replacing multiple windows. Mechanical upgrades include extensive electrical and plumbing in both units and the basement. Washer and Dryer hookups added for Apt #2. Both units have private laundry. Apt #1 is in great condition, featuring vinyl flooring in kitchen, stainless steel appliances, large side insulated porch with vinly windows, pine beadboard ceiling and walls. See the feature sheet for more details. All dimensions and estimates are approx. Apt #2 currently vacant & ready for new tenants or owner-occupy. Historically rented under market to long term tenants. Gross income based on projected market rents of $2200 unit 1 and $2800 for unit 2. Sqft Apt #1 includes finished porch.

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Multi-Family Active

Price

$ 650,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.15

Year Built

1904

Town/City

Burlington

County/Region

Chittenden

MLS | Web ID

5093240

Features
Interior
Basement Description Full
Basement Yes
Flooring Ceramic Tile Hardwood Softwood Tile Vinyl
Total Number of Units 2
Total Full Baths 2
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General
Road Frontage Yes
Sewer Public
Heating Hot Water
Cooling None
Utilities Cable Available Other
Possession At Closing Tenant Rights
Roof Membrane Asphalt Shingle
Appliances Natural Gas Water Heater Owned Water Heater
Garage No
Flood Zone No
Zoning residential
Year Built 1904
Electric Circuit Breaker(s)
Style Duplex
Stories Count 3
Construction Status Existing
Tax Year 2026
Gross Income 60000
Status Detail 0
Covenants No
Construction Materials Wood Frame Brick Exterior
Directions From Main St. south on South Winooski on left corner of South Winooski and Adams St.
High School Burlington High School
City Burlington
School District Burlington School District
Seasonal No
DOM 49
Price Per Sq Ft Total AG 369.74
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Exterior
Lot Features City Lot
Exterior Amenities Garden Space Porch Enclosed Porch
Driveway Paved
Lot Size Area 0.15
Water Source Public
Parking Features Assigned Driveway Parking Spaces 1 - 10
Foundation Stone
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* Excluded Features
List By
Jacqueline Marino

Listing Agent

Re/Max North Professionals

Broker

(802) 343-4969

Phone

Jackie@jackiemarino.com

Email

Affordability Calculator

$4,104
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
623454 Elementary School
3047174 Middle School
Burlington High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$633,900 Listed Price

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