Essex Junction, VT | 63 Main Street

$625,000
MLS#: 5097790
2
# of Units
2,694
Total Sq Ft
0.39
Acres
$11,610
Taxes
Restore Properties
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.
This stately, well preserved and tastefully updated and fitted up mixed use property is centrally located just passed 5 corners in area where mix of businesses, churches, services, and residential uses prevail.  This very attractive property has a large green area for frontage, several covered porches, over the 3 entrances. The lower level is currently used for PT services with 3 treatment rooms, a large reception area, and large bright room for work out equipment, office and break room space and 2 half bathrooms.  All in excellent condition and easily amenable to many different service uses or professional offices and the zoning regs allow many different uses for this area. The mixed- use capability is a real plus for investors. Also, the building could be converted back to full residential with the creation of a kitchen and full bathroom in lower level. The upper level is a large 2 bedroom rented apartment with very bright and large living room and bedrooms with its own private entrance and parking off street for 2 vehicles.  This property could be attractive to owner user for professional or business uses of lower level and income from residential rental.  Also, attractive to owner occupant who would convert lower to residence and have income from rental unit. So convenient to all services and shopping and schools and just a very lovely property and area overall to live and/or work in. Also listed as Commercial MLS#5097565.
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.
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!

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