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General Property Information
- Price:
- $774,000
- County:
- VT-Chittenden
- Acres:
- 0.22
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- The Conroy Group
KW Vermont
Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 2008
- Parking:
- Road Frontage:
- 58
- Acres:0.22
- Gross Income:
- 76,284
- Annual Expenses:
- 0
- # of Gas Meters:
- 4
- # of Electric Meters:
- 5
- Sq Ft (Above Ground):
- 3887
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3887
- Land Description:City Lot,Curbing,Interior Lot,Landscaped,Level,Other,Sidewalks,Street Lights,Trail/Near Trail,Walking Trails,Near Paths,Near Shopping,Neighborhood,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:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 864
- Floor:
- 1
- Unit Style:
- First & Lower Level Apt.
- Monthly Rent:
- 1359.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 864
- Floor:
- 1
- Unit Style:
- First & Lower Level Apt.
- Monthly Rent:
- 1379.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 864
- Floor:
- 2
- Unit Style:
- Second Floor - Flat
- Monthly Rent:
- 1359.00
Unit 4
- #Rooms:
- 5
- #Bedrooms:
- 3
- #Baths:
- 2
- Sq. Ft.:
- 1178
- Floor:
- 1 & 2
- Unit Style:
- Single Family House
- Monthly Rent:
- 2260.00
Other Information
- List Date:
- 2025-06-19
- Last Updated: