Burlington, VT | 366 North Avenue

$695,000
MLS#: 4994041
2
# of Units
4,394
Total Sq. Feet
0.30
Acres
$13,129
Taxes
1 of 29

General Property Information

Price:
$695,000
County:
VT-Chittenden
Acres:
0.30
Property Type:
Multi-Family
Property Status:
Under Contract
# of Units:
2
Agency/Brokerage:
Kathleen OBrien
Four Seasons Sotheby's Int'l Realty

New zoning regulations in Burlington place this in the RC zone. Allowing now for a four story apartment building to be built. Great opportunity to live and have income from the accessory apartment and storage building! Currently the owner is renting the main house for $3,500 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & could rent for $2,000 per month. The outbuilding rents at $1,200 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything!

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1935
Parking:
Road Frontage:
50
Acres:0.30
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
2
# of Electric Meters:
2
Sq Ft (Above Ground):
3062
Sq Ft (Below Ground):
1332
Total Sq Ft:
4394
Land Description:City Lot,Level,Major Road Frontage,Sidewalks
Elementary School:
Assigned
Middle School:
Lyman C. Hunt Middle School
High School:
Burlington High School
Financing Details:
Documents Available:
Deed,Other,Property Disclosure,Tax Map

Unit Information

Unit 1

#Rooms:
7
#Bedrooms:
4
#Baths:
2
Sq. Ft.:
1864
Floor:
Unit Style:
Monthly Rent:
3500.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
936
Floor:
Unit Style:
Monthly Rent:
2000.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-05-03
Last Updated:
2024-05-14 13:21:06

Morrisville Office

Kimberly Gravel

(P) 802.888.1102
(F) 802.888.1106
email

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