Excellent opportunity for Owner Occupy or purchase as an investment property that has a solid rental history! Move in as soon as October 2024 for Unit 1 or January for Unit 2! This duplex offers, in three words, convenience, convenience, convenience! Step out the door for Barrio Bakery, dinner at Taco Gordo (as seen on Diners Drive-ins & Dives), bike or walk to UVM Medical Center (approx. 1 mile), University of Vermont, Lake Champlain College, downtown Burlington, Church Street Marketplace (Ben & Jerry's), City Market, Lake Champlain Waterfront, a variety of schools, restaurants, shopping, Vermont Lake Monster baseball games and countless events (annual Waterfront Fireworks and City Marathon anyone?). The culture is endless catering to anyone's lifestyle! This property is a 2-unit duplex style! The downstairs (Unit #1) features 3 bedrooms with a large first floor Master and 2nd bedroom plus an expansive flexible 3rd (can also be office, nursery, exercise area) with 2 large closets, sunny expansive kitchen, a full bath, a half bath, and spacious living room! The upstairs Unit #2 boasts a considerable kitchen (new flooring) connected to what could be a formal dining room, a HUGE living room, 1-bedroom, full bath, large bright rooms with front and back 3 season porches! The front porch is 16' x 6'; imagine the ambiance while working remotely on your laptop while sipping coffee or hosting friends for a cocktail! There is a 2-car driveway plus public on street parking in front!
Take advantage of this great opportunity to own a 2-unit property with tons of income-earning potential in downtown Burlington! Each unit occupies a different floor in the building with separate entrances for added privacy. The units also connect, giving you the opportunity to owner-occupy with a private space for in-laws or guests on the second floor. The lower level unit has 2 bedrooms, 1 bathroom, a spacious kitchen and access to the basement with approx. 150 sq. ft. of finished space and a ¾ bathroom. The upstairs unit has 1 bedroom, 1 bathroom, 2 additional rooms for multi-use and a kitchen. Recent updates include new carpet and paint in the upper unit (2023), new fridge in the lower unit (2023) and a newer furnace (2019). Outside, sit and enjoy your morning coffee on the large front porch or take advantage of your fenced backyard with space for a garden. Great location in the heart of Burlington, easily accessible from Rt. 7, close to I-89, UVM, schools, shopping, dining, everything downtown Burlington has to offer & Lake Champlain!
Exceptional Duplex In A Beautiful Location In The City Of Burlington! Low Traffic Area! Sweet Dog Park Is A Stone;s Throw Away! Wonderful Community Gardens Nearby! World Renowned Burlington Bikeway Offers Views Of Our Glorious Lake Champlain That Are Simply Heavenly! Two Two Bedroom, One Bath Rentals! Common Staircase Shared To Their Private, Separately Doored Basemnt Storage Spaces! No Egress! Splendid Yard! Sidewalks On Both Sides Of The Curtis Avenue City Street. Sellers Recently Painted Their Home! New Architecturally Shinged Roof! Close By Schools, Churches, Shopping, Public Transportation, Beaches And More! Side By Side Portfolio Investment!!!
Wonderful 4 unit apartment building situated in a great Burlington location! This home features 3 one bedroom units and one efficiency. Each unit has their own efficient heating unit, and on demand hot water. Washer and dryer hook up in basement. one car garage and large back yard makes this a great investment.
On the corner of Decatur Street and Intervale Ave., this triplex is a fantastic opportunity. With two units currently rented, and one unit vacant, this property offers the possibility to owner occupy or to add to your investment portfolio. There are 2 1 bedroom/1 bathroom units, and 1 2 bedroom/1 bathroom unit, and they all enjoy their own level, which creates a sense of privacy between apartments. The garden level and second level apartments feature updated kitchens with new cabinets, refrigerators and ranges. The second floor apartment is the vacant unit, and boasts hardwood flooring throughout the bedroom, flexible bonus room and living room, with a well appointed kitchen and bathroom and direct access to the small backyard. A small driveway provides off-street parking for 2 vehicles, and there is on-street parking available on both Decatur Street and Intervale Ave. Located just minutes to downtown Burlington. The nearby city of Winooski is a quick 5 minute drive, and the Intervale is right down the road. 100% of proceeds of this sale will go towards providing new housing in Burlington.
Both units have off-street parking, spacious porches, and access to basement for storage and laundry. Tenants pay utilities. Well-maintained updated property with newer high-efficiency boilers, original stained glass, and wood trim details. Invest in Burlington VT!
Well-located Burlington duplex with 3 bedrooms each, 1st-floor unit offers 1.5 baths. Fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, and off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy access to colleges and hospital.
Triplex with 10 bedrooms on a corner lot with 2 driveways and plenty of parking. Set in the heart of Burlington, close to UVM, the hospital, and downtown. Prime student rental location. All units are fully rented for 2024-2025.
Once in a lifetime opportunity to own a fantastic property nestled along the tranquil shores of Lake Champlain! This captivating residence offers an unparalleled blend of elegance, comfort, and natural beauty. Boasting panoramic views of the glistening waters and surrounding mountains, this lakeside retreat presents an exceptional opportunity for those seeking a harmonious blend of modern luxury and idyllic serenity. Not only can you enjoy the beautiful lake, but you're walking distance to Downtown Burlington, Battery Park, shopping, restaurants, breweries, shopping, entertainment and more! With two units, this is the perfect opportunity to occupy one (either year round or as a seasonal retreat!) and rent the other, or rent both for a sensational portfolio boost! This property is currently in use as a highly sought after AirBnB with fantastic income potential! Don't miss your chance to own this exceptional lakeside residence!
EXTRAORDINARY PROPERTY, INCREDIBLE OPPORTUNITY! Lovingly maintained historic Residential/Commercial in the heart of Burlington’s charming Old North End. First floor features 1740 sqft Restaurant/Retail outfitted w/ fully functional commercial kitchen w/ enormous dining room and (2) 1/2 baths as well as full basement for storage. According to 2020 survey results, Vermont is the 1st-ranked state for average daily restaurant revenue in the country, generating 42% more in daily revenue than the national average! Walking distance to all the best of Burlington including bike paths, colleges, urban agriculture, downtown shopping, and Lake Champlain. Wide frontage on popular thoroughfares ensures steady traffic and frequent visitors! Second floor offers an incredible 1900 sqft 2bed/bath residential with panoramic city and mountain views. Too many details to mention! Features incl custom floors, gas fireplace, private balcony, 2-person soak tub, rooftop terrace, abundant natural light and numerous clever architectural details, along with an exceptional collection of murals from cherished local artist. Incredible attention to craftsmanship; No detail overlooked! Seller financing options available.
Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and Church Street, these units never have a vacancy. The building was fully rebuilt in the 1990's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.
3 units, 10 bedrooms, 3 porches, coin operated laundry, 7 off street parking spaces- includes garage. Hardwoods everywhere! Some original built ins. Fully leased until May 2025-parental cosigns in place. No animals. Tenants pay for electric, gas heat, and internet. No smoking. 100% full. Approved by City of Burlington for 6 bedrooms. Tenants love the proximity to Downtown & UVM.
The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is 7%, with the ability to quickly increase the monthly rents within year one of ownership.
A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already a 8% cap rate with easy room for improvement.
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