Burlington, VT | 40-40 1/2 Convent Square

$624,000
MLS#: 5047509
3
# of Units
1,642
Total Sq. Feet
0.15
Acres
$10,960
Taxes
1 of 51

General Property Information

Price:
$624,000
County:
VT-Chittenden
Acres:
0.15
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
The Conroy Group
KW Vermont

Discover this unrivaled 3-Unit Gem at 40-40 1/2 Convent Square, a true find in Burlington's O.N.E.! This unique offering combines a charming duplex and a separate single-family home on one expansive lot, presenting an unparalleled investment. This property offers immense versatility: generate significant rental income from three independent units, comfortably house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space, ensuring privacy and appeal for residents. Expect functional layouts, comfortable rooms, and ample natural light across all residences. The generous lot provides ample outdoor space for all occupants. Whether it's individual patios, shared green areas, or room for gardening, the exterior adds significant value and enjoyment to this exceptional property. Convent Square is a highly coveted location, placing residents at the epicenter of Burlington's finest amenities. Enjoy effortless access to Lake Champlain's breathtaking waterfront – perfect for strolls, biking, and scenic views. Downtown Burlington's vibrant array of shops, restaurants, and local hotspots are just moments away, promising endless entertainment. This isn't just a property; it's a strategic acquisition in Burlington's robust real estate market. Demand for multi-unit properties in this location remains consistently high, making 40-40 1/2 Convent Square an incredibly smart investment. Showings start Monday 09/23/2025!

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1919
Parking:
Road Frontage:
32
Acres:0.15
Gross Income:
64,620
Annual Expenses:
0
# of Gas Meters:
3
# of Electric Meters:
4
Sq Ft (Above Ground):
1642
Sq Ft (Below Ground):
0
Total Sq Ft:
1642
Land Description:City Lot,Curbing,Interior Lot,Landscaped,Level,Other,Sidewalks,Street Lights,Trail/Near Trail,View,Walking Trails,Near Paths,Near Shopping,Neighborhood,Near Public Transportatn,Near Hospital,Near School(s)
Elementary School:
Sustainability Academy
Middle School:
Lyman C. Hunt Middle School
High School:
Burlington High School
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
5
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
788
Floor:
1
Unit Style:
First Floor - Flat
Monthly Rent:
2080.00

Unit 2

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
456
Floor:
2
Unit Style:
Second Floor - Flat
Monthly Rent:
1513.50

Unit 3

#Rooms:
3
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
486
Floor:
1
Unit Style:
40 1/2 Convent
Monthly Rent:
1791.00

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

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