Burlington, VT | 28 Clarke Street

$995,000
MLS#: 5105293
6
# of Units
5,811
Total Sq Ft
0.15
Acres
$24,608
Taxes
Restore Properties
INVESTMENT OPPORTUNITY in Burlington! Well-maintained six-unit apartment property offering a strong combination of income, parking, and flexible space. The property features 12 bedrooms across six units, with all units having been improved over the years and a history of steady rental income. A unique detached cottage unit adds additional appeal and flexibility for tenants or an owner looking for a separate living/work space. The property also offers an impressive 14 parking spaces, plus garage/storage space and convenient coin-operated laundry. Ideally located on North Avenue with easy access to Burlington amenities, shopping, dining, schools, parks, Lake Champlain, and downtown. A solid opportunity for an investor seeking an established multifamily property with multiple income streams and potential for continued long-term value
Remarkable 5-unit multi-family plus commercial space in the heart of downtown Burlington, just one block from Church Street. The building features exceptionally spacious units with tall ceilings, original woodwork, stained glass, and distinctive details throughout. While the property would benefit from updating and modernization, it offers a strong foundation and significant potential for an investor. Ample off-street parking is a rare downtown advantage, and existing commercial space adds flexibility. RH Zoning offers potential for reconfiguration and creation of additional residential units.
Excellent investment property located between UVM and downtown. 5± year old roof. Lots of character and several porches. Great rental history!
Rare opportunity to own a 1991-built duplex in Burlington, a hard-to-find, newer multifamily property offering strong investment potential in a convenient location. This up-and-down duplex features two nearly identical units, each with 4 bedrooms and 1 full bath. A full poured-concrete basement provides secure locked storage for each unit, common laundry and both interior and exterior access. Significant improvements within the last six years include a newer roof and two on-demand boilers, contributing to the property's low operating costs and energy efficiency. Conveniently located on the bus line and close to downtown Burlington, Winooski, the waterfront, UVM Medical Center and BTV Airport, with popular restaurants and shopping nearby. Easy access to I-89 makes commuting throughout Chittenden County simple. An excellent opportunity for investors, multigenerational living or an owner-occupant looking to offset expenses with rental income in Burlington's sought-after rental market.

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