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1480 North Avenue, Burlington, VT 05408

$629,900
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Active
BEDS4 BATHS3 full SQUARE FEET1,724 MLS#5091358
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBurlington

Listing Courtesy of: KW Vermont
Agency Contact: Phone: 802-363-0315
Associate Name: Prabin Pokhrel
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Property Description

Fantastic opportunity to own a well-located triplex in Burlington's highly desirable New North End. Set on a spacious corner lot shaded by mature trees, this multi-family property offers strong investment potential in one of Burlington's most sought-after rental areas. The building features a mix of roomy 1-bedroom and 2-bedroom apartments with practical layouts and attractive hardwood flooring throughout many living spaces. Tenants enjoy the generous outdoor space, offering plenty of room to relax, entertain, or enjoy the peaceful setting rarely found in city properties. The property also includes separate utilities for added convenience and management flexibility, making it an appealing option for investors looking to streamline expenses. Ample off-street parking is available along with a detached 2-car garage, providing valuable storage and parking options for tenants or owners alike. Ideally situated close to everyday amenities, this property is just minutes from local shopping centers, grocery stores, restaurants, schools, and public transportation. Outdoor enthusiasts will appreciate nearby access to Leddy Park, Burlington's public beaches, walking and biking paths, and Lake Champlain recreation. Downtown Burlington, Church Street Marketplace, UVM Medical Center, and Colchester are all within easy reach, further enhancing the property's rental appeal. Whether you're expanding your portfolio, seeking an owner-occupied investment opportunity, or looking for a property with long-term upside in a prime Burlington location, this triplex offers an exceptional chance to invest in Vermont real estate with strong tenant demand and excellent location advantages. Owner is a licensed Realtor

1480 North Avenue | MLS# 5091358

This multi-family property located at 1480 North Avenue, Burlington, VT 05408 is currently listed for sale with an asking price of $629,900. North Avenue is located within the Burlington school district. Search Burlington real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 2
Heating: Natural Gas, Hot Air
Home Style: Multi-Family
Lot Size: 0.18 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $9,680
Year Built: 1930

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $1425.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1800.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1200.00

Feature Descriptions

Construction: Wood Frame, Clapboard Exterior, Vinyl Exterior
Construction Status: Existing
Days on Site: 11
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Clapboard Exterior, Vinyl Exterior
Flood Zone: Unknown
Flooring: Hardwood
Foundation: Concrete
Foundation: Concrete
Lot: City Lot, Corner
Roads: Paved
Sewer: Public
Sq. Ft. Total Finished: 1724
Total Stories: 2
Units: 3
Water: Public
Zoning: LD

Local Schools

High School: Burlington High School
Middle School: Lyman C. Hunt Middle School
Elementary School: C. P. Smith School
School District: Burlington

Listed By / Shown By

Listed By

Agency Name: KW Vermont
Agency Contact: Phone: 802-363-0315
Agent Name: Prabin Pokhrel

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Estimated Payment

$ 2,392.27 per month $1,401.88 Principal & Interest $806.67 Property Tax $183.72 Homeowner's Insurance

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