366 North Avenue Burlington, VT $ 695,000
366 North Avenue
$ 695,000
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366 North Avenue

Burlington, VT, 05401
$ 695,000
Bedrooms5 Baths3.0 Sq 4,926

Monthly Estimate*

$ 4,619

Listed by Kathleen OBrien, Four Seasons Sotheby's Int'l Realty, 802-846-7835, kathy.obrien@fourseasonssir.com
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Multi-Family Home for sale in Burlington, VT

for $695,000 with 5 bedrooms and 3 full baths. This 4,926 square foot home was built in 1935 on a lot size of 0.3.

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!

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Multi-Family Contingent

Price

$ 695,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,129

Style

Colonial,Multi-Family,Walkout Lower Level

Lot Size

0.3

Year Built

1935

Town/City

Burlington

County/Region

Chittenden

MLS | Web ID

4994041

Features
Interior
Basement Description Climate Controlled Finished Gravel Stairs - Interior Storage Space Walkout Interior Access Exterior Access
Basement Yes
Flooring Carpet Hardwood Tile
Heating Fuel Gas - Natural
Total Number of Units 2
Total Full Baths 3
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General
Road Frontage Yes
Sewer Public
Heating Baseboard Forced Air Hot Air
Cooling Central AC Other
Utilities Other
Roof Shingle - Asphalt
Parking Auto Open Driveway Garage On-Site Parking Spaces 6+ RV Access/Parking Underground
Garage Yes
Exterior Features Outbuilding Porch - Covered
Flood Zone No
Zoning Residential Corridor
Status Under Contract
Year Built 1935
Electric 200 Amp Circuit Breaker(s)
Style Colonial Multi-Family Walkout Lower Level
Stories 2
Construction Status Existing
Tax Year 2024
Area VT-Chittenden
High School Burlington High School
School District Burlington School District
Seasonal No
Elementary School Assigned
Middle School Lyman C. Hunt Middle School
Area Description In Town Near Country Club Near Golf Course Near Paths Near Shopping Neighborhood Near Public Transportatn Near Hospital
Price Per Sq Ft Total 226.98
Tax Gross Amount 13129
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Exterior
Foundation Block Concrete
Driveway Paved
Roads Paved Public
Lot Size Area 0.3
Garage Capacity 4
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* Excluded Features
List By
Kathleen OBrien

Listing Agent

Four Seasons Sotheby's Int'l Realty

Broker

(802) 846-7835

Phone

kathy.obrien@fourseasonssir.com

Email

Affordability Calculator

$5,713
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$1,094
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3047104 Elementary School
1007446 Middle School
Burlington High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$695,000 Listed Price

Map


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366 North Avenue, Burlington, VT, 05401 is a Multi-Family Home for sale at $695,000 with 4,926 sqft and a lot size of 0.3. 366 North Avenue has 5 bedrooms, 3.0 baths, and was built in 1935. The property's zip code is 05401 which is in Burlington, VT