Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex at 73-75 North Champlain Street offers immediate cash flow with significant upside. Currently generating $3,700 per month in rental income, the property is rented below market, presenting an excellent opportunity for investors to increase returns over time. Each unit features spacious living areas, hardwood flooring, generous bedrooms, and classic Burlington charm with period details throughout. The flexible layout appeals to both long-term tenants and owner-occupants seeking to offset their mortgage with rental income. Each unit comes with its own driveway for valuable off-street downtown parking. Ideally located just minutes from downtown Burlington, the waterfront, UVM, Champlain College, restaurants, shopping, and public transportation, this property is well-positioned in one of the city's strongest rental markets. Whether you're looking to expand your investment portfolio or purchase an owner-occupied multifamily with future income potential, this duplex delivers an exceptional combination of location, character, and value. Current gross rental income: $3,700/month with upside potential through market-rate rents.
Excellent investment opportunity in the heart of Winooski! This well-maintained duplex features a 2-bedroom apartment on the first floor and a spacious 3-bedroom unit spanning the second and third levels. Both units have been thoughtfully updated with modern kitchens and bathrooms while retaining beautiful hardwood flooring and classic character. Additional features include separate utilities, laundry in the basement, a shared covered porch, abundant off-street parking, a 1-car garage ideal for storage, and a private backyard for outdoor enjoyment. Generating a strong 9% cap rate, this property is an attractive addition to any investment portfolio, with potential for owner-occupancy in the near future on the main level. Conveniently located just minutes from the Winooski Rotary's vibrant restaurants, coffee shops, pubs, and local shopping, with easy access to CCV, St. Michael's College, University of Vermont, downtown Burlington, and I-89. One of the sellers is a licensed real estate agent.
Solid brick duplex in Burlington's Old North End featuring a two-story front deck overlooking the Integrated Arts Academy grounds. The property offers ample off-street parking, separate utilities, and tenants pay their own heat and electricity, for low operating expenses. Recent improvements include updated flooring, kitchens, and bathrooms, making this a strong opportunity for investors or owner-occupants. The location offers convenient access to neighborhood amenities, including the weekly Farmers Market every Tuesday, local restaurants, parks, and downtown Burlington.
Unlock the potential of this versatile multi-unit property in the heart of Winooski! Situated on a spacious lot with generous front and back yards, this unique offering includes both a duplex and a separate mobile home, creating an excellent opportunity for investors, owner-occupants, or those seeking multiple income streams. The first-floor unit of the duplex offers an eat-in kitchen, a comfortable living area, one bedroom, and a full bathroom. Upstairs, the second-floor unit includes a living room, a kitchen with room for dining, one bedroom, and a full bath. Also located on the property is a two-bedroom, 1.5-bath mobile home with an open living and kitchen area, presenting further potential as a rental, guest space, or an opportunity to update and make it your own. Enjoy relaxing on the welcoming front porch or take advantage of the property's unbeatable location just minutes from downtown Winooski's popular restaurants, breweries, shops, and entertainment, with easy access to Burlington, UVM, and I-89.
This low-maintenance duplex is ideally situated in Burlington, just minutes from downtown shops, restaurants, parks, and the Lake Champlain waterfront - offering easy access to the best of city living. Thoughtfully maintained and updated over the years, the property features a newer shingle roof, vinyl siding, and windows, along with updated plumbing and electrical, providing peace of mind for the next owner. Located directly on the bus line, it offers added convenience for commuters and tenants alike. Each unit includes separate utilities, laundry hookups, and off-street parking. Whether you’re expanding an investment portfolio or looking for a flexible owner-occupied opportunity, this duplex delivers both location and long-term value.
Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex offers the flexibility of owner-occupancy or investment ownership, with a vacant one-bedroom apartment ready for immediate occupancy and a fully leased lower unit providing rental income from day one. The refreshed upper apartment features new flooring, fresh paint, updated fixtures, updated cabinetry, and newer appliances, creating a clean, comfortable, move-in-ready living space. Pride of ownership is evident throughout, with durable finishes, thoughtful updates, and consistent maintenance contributing to a turnkey experience. Long-term ownership and stable tenant relationships have contributed to below-market rents, offering future income growth potential. Enjoy a highly walkable location just steps from Burlington's favorite restaurants, coffee shops, bakeries, yoga studios, Jake's Market, the ONE Farmers Market, schools, and downtown amenities. Whether you're seeking an owner-occupied multi-family, a starter investment property, or an income-producing duplex to add to your portfolio, 76 Ward Street offers a great opportunity in one of Burlington's most desirable neighborhoods.
Awesome city location duplex with 3 bay garage and fenced in back yard. Easy walk to the bike path and Lake Champlain. The owner is a licensed Real Estate broker
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