Listed by Lipkin Audette Team with Coldwell Banker Hickok and Boardman 802-863-1500
Active
180 North Winooski Avenue
Burlington VT, 05401
$7,305,000
$381.84 per sqft
Active
19,131 sqft
Multi-family
Built in 2023
Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New England's real estate market well known as the home to University of Vermont, Champlain College, St. Michael's College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New England's strongest real estate markets.
5024258
MLSⓇ ID
December 10, 2024
Listed
December 13, 2024
Updated
Map
180 North Winooski Avenue
Burlington VT, 05401
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Air, Hot Water
Exterior/Building Features
Lot Size
1.23 Acres
Roof
Shingle - Asphalt, Slate
Sewer
Public
Other Property Details
Area Name
VT-Chittenden
Taxes
$92,392
Tax Frequency
Annually
Days on Market
3
Garage
No
View
No
Pool
No
Listed by Lipkin Audette Team with Coldwell Banker Hickok and Boardman 802-863-1500
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