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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