Burlington, VT | 132 Rivermount Terrace

$650,000
MLS#: 5086924
2
# of Units
2,380
Total Sq Ft
0.41
Acres
$13,222
Taxes
Restore Properties
Excellent location right between UVM and downtown. Loads of parking with a detached single car garage. The building has a sprinkler system. Good sized units make them simple to rent!
Prime Downtown Burlington Student Rental - This legal duplex spans 3 floors and offers 6 spacious bedrooms and 2 full bathrooms. Currently rented as a single-family home to college students for $8,050/month, it features two kitchens, generous storage, laundry in the basement, off-street parking, and a spacious patio and yard perfect for entertaining or relaxing. Unbeatable location - just blocks from the Church Street Marketplace and UVM/UVM Medical Center. Enjoy easy access to Burlington's colleges, I-89, and the Lake Champlain waterfront.
Outstanding investment property located between UVM and downtown. Close to shopping. Easy student rental. Front porch with substantial recent renovations. Loads of off-street parking!
Excellent opportunity to own a fully occupied 4-unit multifamily property in Burlington’s sought-after Old North End. Situated just minutes from downtown, the waterfront, local restaurants, shopping, and public transportation, this income-producing property offers strong rental history with all units currently leased to long-term month-to-month tenants. The building has been well cared for over the years and features off-street parking, separate living spaces, and attractive interior finishes including hardwood and vinyl flooring in select units. Several units are equipped with efficient Rinnai heaters, and the exterior has recently been refreshed with new paint, adding to the property’s curb appeal. Whether you’re looking to expand your investment portfolio or pursue an owner-occupied opportunity with supplemental rental income, this Burlington multifamily presents excellent potential in a highly convenient location close to everything the city has to offer. Owner is a licensed realtor.
132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.
INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, sidewalks, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history and long-term tenants makes this a great investment opportunity. Listing Agent related to seller
Well maintained, fully leased duplex in a prime Burlington rental location, offering steady income and long term appeal. The building features one two bedroom unit and one spacious three bedroom unit, each with a full bath and a functional, efficient layout. The three bedroom adds a finished third floor attic space with a half bath, giving that unit extra room to spread out. First floor unit is leased through June 1, 2027, second floor unit is leased through December 2026, so income is in place from day one. Consistent care over the years means less deferred maintenance for the next owner. Additional features include a clean basement with designated storage for each unit, shared laundry, and two off street parking spaces in the driveway. The smaller lot keeps ongoing upkeep straightforward. Situated in a high demand location between UVM and Church Street, this is a compelling opportunity for investors, owner occupants, or parents seeking housing for their college age children.
Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 25th 2027 with an annual gross income of $52,800. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment with 48 hour notice.
Exceptional investment opportunity in one of Burlington’s most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.
Exceptional turn-key Burlington duplex offering strong investment potential or an ideal owner-occupy opportunity. Perfectly positioned just moments from the vibrant dining, nightlife, and shopping of Winooski, also with quick access to UVM, Champlain College, St. Michael’s College, and UVM Medical Center - an appealing location for consistent rental demand. The first-floor apartment features 2 bedrooms and a full bath, complemented by a bright, open living area that flows seamlessly into a generously sized kitchen with updated stainless-steel appliances and ample storage and counter space, plus access to a full basement with in-unit laundry. The upper unit spans the second and third floors and includes 2 spacious bedrooms along with a versatile third-floor flex space, a sun-filled living room, and a well-appointed kitchen with modern stainless appliances and abundant storage. Outdoor highlights include a covered porch with city views of Winooski, as well as a large backyard complete with a patio and storage shed - perfect for entertaining or relaxing. Each unit offers its own washer and dryer along with two off-street parking spaces, and a bus stop directly in front of the property adds everyday convenience for effortless commuting year-round.
Don’t miss this charming duplex in the heart of Burlington, offering an excellent opportunity for both owner-occupants and investors. Each unit features three bedrooms, one full bath, and separate utilities for added convenience. The first-floor unit is vacant and ready for immediate occupancy, showcasing a welcoming front porch, beautiful hardwood floors, classic French doors, and direct access to the basement. The second-floor unit offers hardwood floors, three spacious bedrooms, one full bath, and a private back porch, and is currently leased through the end of July. Additional highlights include laundry hookups in the basement, off-street parking for up to four vehicles, and a manageable yard that’s easy to maintain. Ideally situated near UVM, the UVM Medical Center, local colleges, Church Street Marketplace, and the Burlington Waterfront, this property combines comfort, convenience, and a highly desirable location. Whether you're looking for a place to call home while generating rental income or seeking a solid investment property, this duplex is a fantastic opportunity.
210-212 North Willard Street offers a well-positioned duplex on a bright corner lot with strong rental appeal. Tenants pay for heat and electric and both units include washer/dryers. The property has flexible floor plans and includes a second-floor screened porch for beautiful outdoor living space. Plenty of off-street parking is a major plus in this location. Set in a highly desirable Burlington neighborhood with easy access to UVM, downtown, local markets, restaurants, and the waterfront, this is a solid opportunity for both investors and owner-occupants looking for reliable income in a proven rental area.
Rare opportunity to own this beautiful Burlington duplex in one of the most convenient and desirable neighborhoods in the City. Excellent location and condition, it is walking distance to downtown, the Waterfront, Battery Park, and local amenities. This property has been meticulously maintained and updated, including new kitchens, bathrooms, cedar shake and vinyl siding, efficient gas heaters, electrical panels, and water heaters. The first-floor unit features lovingly restored original woodwork and doors, and both units offer beautiful hardwood floors. The covered porches at the rear of the building overlook the beautiful back yard and allow enjoyment of summer sunsets. The recently paved driveway provides ample off-street parking for both units. The first-floor unit has interior basement access and an entryway offering a large closet for coats and storage. The second-floor apartment includes a pantry off the kitchen, interior access to attic storage, and exterior access to the basement with ample storage. Both units have access to shared laundry facilities. This property is a rare gem and is perfect for the owner who would like to enjoy neighborhood living while investing in a property that provides excellent income.
Welcome to 232-234 Curtis Avenue, a duplex in Burlington’s New North End with a location that is hard to beat. Tucked into an established residential neighborhood just off Starr Farm Road, the property offers quick access to North Avenue while still feeling removed from the busier parts of the city. From here, you are close to neighborhood parks, schools, shopping, restaurants, the Burlington Bike Path, Lake Champlain, and everyday conveniences, with downtown Burlington only a short drive away. The location makes this an appealing option for both tenants and owner-occupants who want to stay connected to everything Burlington has to offer. The property features two separate units, each with two bedrooms and one full bathroom, providing flexibility for an investor, an owner looking to offset housing costs, or someone looking for a multigenerational setup. A full basement, paved driveway, on-site parking, public water and sewer, and natural gas heat add to the practicality of the property. Opportunities to own a multifamily property in a residential Burlington neighborhood like this do not come along every day. Whether you are looking to add to your rental portfolio or live in one unit while renting the other, 232-234 Curtis Avenue offers a strong combination of location, flexibility, and long-term potential.
Welcome to 43 Murray Street, where classic charm meets smart opportunity. Set on one of the Old North End's beloved neighborhood streets, this well-cared-for triplex offers the flexibility today's buyers are looking for, whether that's living in one apartment while the others help offset your mortgage, creating a turnkey investment, or building long-term wealth in one of Vermont's most sought-after locations. Thoughtful exterior updates, including new siding and a new roof, mean you can spend less time worrying about maintenance and more time enjoying everything this property has to offer. Inside, each of the three one-bedroom apartments provides a comfortable, functional layout. Two units have been tastefully renovated with fresh, modern finishes, while Unit 2 is available fully furnished and includes its own in-unit washer and dryer, making it an easy choice for tenants or an effortless move-in for an owner-occupant. Step outside to discover something that's increasingly hard to find in this part of Burlington: a fenced backyard that invites summer evenings, weekend gatherings, or simply a quiet place to unwind. Off-street parking adds everyday convenience, another valuable feature in this walkable neighborhood. Life at 43 Murray Street means having Burlington at your doorstep. Grab coffee around the corner, meet friends downtown for dinner, explore the waterfront, or enjoy the city's parks, local businesses, and year-round events, all just a short stroll or bike ride away. It's a location that makes it easy to leave the car behind and enjoy the rhythm of city living. Whether you're searching for a Burlington multi-family home, an owner-occupied investment property, or a well-positioned rental in a high-demand neighborhood, 43 Murray Street offers the rare combination of location, flexibility, and lasting value. More than an investment; it's an opportunity to be part of one of Burlington's most established and connected neighborhoods. Seller is the Listing Agent.
Welcome to 40 Platt St, a charming duplex on one of Winooski's most desirable streets. Lovingly owned and cared for by the same owner for close to 50 years, this property shines in so many ways. Featuring a bright, open 2 bedroom downstairs and a cute but spacious 1 bedroom upstairs. Both units feature south facing sunny fully enclosed porches, perfect for your morning cup of coffee or afternoon refreshment. Numerous updates over the years are evident throughout the home and each unit has it's own washer dryer and separate meters and heat sources. Don't miss out on this amazing opportunity in the heart of Winooski!
Ideally located at the edge of Burlington's Old North End and Downtown, this well-maintained Duplex offers strong rental history and exceptional flexibility for both investors and owner-occupants. Just minutes from Church Street Marketplace, Battery Park, the bike path, Lake Champlain Waterfront, and local schools, the property features two spacious units with new flooring, fresh paint, laundry availability in each unit, separate utilities, and two tandem off-street parking spaces. Compliant with all local and state housing codes, this property has seen numerous recent improvements including new kitchen appliances in the upper unit (2025), capped and waterproofed chimneys plus replaced siding (2024), a new water heater (2023), and a replaced York furnace (2021). A turnkey opportunity in a highly desirable Burlington location, perfect for expanding your portfolio or building owner-occupied equity.

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