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General Property Information
- Price:
- $744,000
- County:
- VT-Chittenden
- Acres:
- 0.13
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 3
- Agency/Brokerage:
- The Conroy Group
KW Vermont
Seize this exceptional investment opportunity at 311-315 North Winooski Avenue in Burlington's O.N.E. This well configured triplex property offers robust income and a highly versatile unit mix. This building presents strong income from 3-units; a large 5-bedroom, a comfortable 3-bedroom and an efficient 2-bedroom. This varied composition caters to a broad tenant pool while maximizing rental appeal. Adding to its strength, the property falls under NMU zoning, allowing for future flexibility and potential value growth beyond residential use, subject to city approvals. The well-maintained property features practical outdoor space, enhancing resident appeal. Its robust structure in a high-demand rental market ensures long-term stability and value. North Winooski Avenue boasts a fantastic location, providing unparalleled access to the best of the O.N.E. Nearby to the vibrant downtown, shops, restaurants, bars, etc. Proximity to UVMMC, local parks and essential amenities solidifies the desirability for renters. Excellent public transportation, bike paths, etc. further enhances convenience. This isn't just a building; it's a strategic long-term investment in Burlington's competitive multi-family housing market. Triplexes with varied, high-demand unit sizes are highly sought after for superior cash flow and adaptability. Don't miss this outstanding chance to acquire 311-315 North Winooski Avenue! Awaiting its new owner to provide a solid investment. Showings start Monday 06/23/2025!
Features
- Property Type:
- Multi-Family
- # of Units:3
- Subdivision Name:
- Year Built:
- 1899
- Parking:
- Road Frontage:
- 47
- Acres:0.13
- Gross Income:
- 75,408
- Annual Expenses:
- 0
- # of Gas Meters:
- 3
- # of Electric Meters:
- 4
- Sq Ft (Above Ground):
- 2948
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2948
- Land Description:City Lot,Curbing,Interior Lot,Level,Neighbor Business,Sidewalks,Street Lights,Trail/Near Trail,Near Paths,Near Shopping,Near Public Transportatn,Near Hospital,Near School(s)
- Elementary School:
- Integrated Arts Academy
- Middle School:
- Edmunds Middle School
- High School:
- Burlington High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 7
- #Bedrooms:
- 5
- #Baths:
- 2
- Sq. Ft.:
- 1168
- Floor:
- 1
- Unit Style:
- First Floor - Split Level
- Monthly Rent:
- 2548.31
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 880
- Floor:
- 2
- Unit Style:
- Second Floor - Flat
- Monthly Rent:
- 2099.40
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 900
- Floor:
- 1
- Unit Style:
- First Floor - Flat
- Monthly Rent:
- 1636.50
Other Information
- List Date:
- 2025-06-19
- Last Updated: