Listed by Patrick O'Connell with Four Seasons Sotheby's Int'l Realty 802-864-0541
Active
366 North Avenue
Burlington VT, 05401
$695,000
$202.62 per sqft
Active
5 Beds
3 Baths
3,430 sqft
Residential
Built in 1935
This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience.The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom. Upstairs, two bedrooms offer ample accommodation. An outbuilding also generates $1,200 monthly for storage. The expansive garage, accommodating four (ish) cars, doubles as a workshop or space ripe for conversion into a home business. Beyond its practicality, the property delights with views of the Green Mountains to the east. Many neighboring owners on North Ave have embraced this vista, creating patio areas for enjoyment. Conveniently located, the property offers easy access to amenities and activities. With its multifaceted potential and prime location, this property is poised to fulfill diverse needs and aspirations.
5016692
MLSⓇ ID
October 1, 2024
Listed
October 29, 2024
Updated
Map
366 North Avenue
Burlington VT, 05401
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Baseboard, Hot Air, Hot Water, Gas - Natural
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
Near Hospital, Near Public Transportatn, Near Shopping
Roof
Shingle
Sewer
Public
Other Property Details
Area Name
VT-Chittenden
Taxes
$13,129
Tax Frequency
Annually
Days on Market
3
Garage
Yes
Garage Spaces
2
Parking
Auto Open, Driveway, Garage, Paved, Attached, Detached
View
No
Pool
No
Listed by Patrick O'Connell with Four Seasons Sotheby's Int'l Realty 802-864-0541
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