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Listed by Kassian R Prior • KW Vermont • Cell: 802-777-5941
$1,800,000
Est. payment /mo
8,638 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,638 sqft
Price per Sqft $208
MLS Listing ID 5089321
Year Built 1988
Annual Tax Amount $32,455
Tax Year 2025
Lot Size 0.530 Acres
Acres 0.53
Property Description
Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, this rare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four of the units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area provides ample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoy immediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, the University of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access to major roadways and public transportation adds even more appeal for long-term tenants. Whether you're looking to expand your portfolio or invest in one of Burlington's most desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning District which offers even further redevelopment potential, reach out for more specific details!
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning Commercial
Rooms
Basement Slab
Interior
Cooling None
Inclusions Land/Building
Exterior
Utilities Available Cable Available
Roof Type Asphalt Shingle
Building
Sewer Public
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Nearby Locations
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