Burlington, VT | 311-315 North Winooski Avenue

$744,000
MLS#: 5047504
3
# of Units
2,948
Total Sq. Feet
0.13
Acres
$14,455
Taxes
1 of 37

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

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-06-19
Last Updated:

Stowe Village Office

Teresa Merelman

(P) 802.253.1806
(F) 802.253.1807
email

Ask About this Property
Your Name:


Your Email Address:


Message: