Listed by Kathleen OBrien with Four Seasons Sotheby's Int'l Realty 802-864-0541
Active Under Contract
366 North Avenue
Burlington VT, 05401
$695,000
$158.17 per sqft
Active Under Contract
5 Beds
3 Baths
4,394 sqft
Multi-family
Built in 1935
New zoning regulations in Burlington place this in the RC zone. Allowing now for a four story apartment building to be built. Great opportunity to live and have income from the accessory apartment and storage building! Currently the owner is renting the main house for $3,500 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & could rent for $2,000 per month. The outbuilding rents at $1,200 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything!
4994041
MLSⓇ ID
May 3, 2024
Listed
May 15, 2024
Updated
Map
366 North Avenue
Burlington VT, 05401
Interior Features
Bedrooms
5
Total Bathrooms
3
Floor Description
Carpet, Hardwood, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central AC, Other
Heating
Yes
Heating Description
Baseboard, Forced Air, Hot Air, Gas - Natural
Exterior/Building Features
Lot Size
0.3 Acres
Exterior Features
Outbuilding, Porch - Covered
Lot Features
In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital
Roof
Shingle - Asphalt
Sewer
Public
School Information
High School
Burlington High School
Elementary School
Assigned
Other Property Details
Area Name
VT-Chittenden
Taxes
$13,129
Tax Frequency
Annually
Days on Market
9
Garage
Yes
Garage Spaces
4
Parking
Auto Open, Driveway, Garage, On-Site, Parking Spaces 6, RV Access/Parking, Underground
View
No
Pool
No
Buyer Agency Compensation
1%
Listing History
Date | Event | Price |
---|---|---|
5/13/2024 | Pending | — |
Listed by Kathleen OBrien with Four Seasons Sotheby's Int'l Realty 802-864-0541
Copyright © 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1:09 PM UTC on 5/15/2024.
©2024 PrimeMLS All rights reserved.