Burlington, VT | 362 North Winooski Avenue

$929,000
MLS#: 5106739
2
# of Units
2,390
Total Sq Ft
0.07
Acres
$11,465
Taxes
Restore Properties
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.
Positioned in one of Winooski’s evolving investment corridors, 94 Malletts Bay Avenue offers a compelling opportunity to acquire a three-unit multifamily property with immediate income potential and plenty of room for future upside. Recent renovations and improvements have created a more turnkey investment, allowing a new owner to step into an income-producing asset while still retaining multiple avenues to add value, improve operations, and maximize rents over time. The property features three residential units with practical layouts, including a currently vacant unit that provides immediate flexibility for lease-up, additional improvements, or potential owner occupancy. For the value-add investor, the building offers an attractive foundation for continued cosmetic and property improvements that could further enhance tenant appeal and long-term revenue. Location is a major part of the investment story. Just minutes from vibrant Downtown Winooski, Burlington, I-89, UVM Medical Center, area colleges, employment centers, shopping, dining, and public transportation, the property sits within an established rental market with excellent regional connectivity. The surrounding corridor continues to evolve, with ongoing investment and longer-term revitalization creating an appealing opportunity to establish a position in the area as it continues to improve. Whether added to an existing portfolio or purchased as a first multifamily investment, 94 Malletts Bay Avenue combines current income, recent improvements, strategic location, and meaningful value-add potential—an increasingly difficult combination to find in the greater Burlington/Winooski market.
Strong Burlington real estate investment opportunity. Located at the gateway to downtown, this updated and well-maintained 4-unit property offers 2,084 finished square feet on a .13-acre lot. The property features a mix of desirable studio and two-bedroom units with newer kitchens, bathrooms, and fresh paint, creating clean, modern living spaces. Additional tenant amenities include off-street parking and on-site laundry. Major building improvements include a new roof installed in 2023 and new boiler installed in summer 2026. With its exceptional location, attractive unit mix, updated interiors, and recent major systems upgrades, this property offers a compelling combination of tenant appeal and long-term investment potential.
Well-maintained 4-unit investment property featuring three 2-bedroom apartments and one 1-bedroom unit. Turn-key multi-family property fully leased through May 2027. Located between UVM Campus and downtown, 31-33 Hickok Place is in an exceptional student rental property in an ideal location. Strong financials with separate heat and electricity paid by the tenants. Plenty of off-street parking, on-site coin-op laundry, and large rear decks all contribute to strong tenant appeal and retention. Expansion opportunity into an amazing attic space provides a rare opportunity for added value and reconfiguration. Strong opportunity for investors seeking consistent above market income with the potential to add value in an unparalleled student rental location!

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