Price Reduced Listing
1480 North Avenue,Burlington, VT 05408
Burlington, VT 05408
Description
Fantastic opportunity to own a well-located triplex in Burlington’s highly desirable New North End. Set on a spacious corner lot shaded by mature trees, this multi-family property offers strong investment potential in one of Burlington’s most sought-after rental areas. The building features a mix of roomy 1-bedroom and 2-bedroom apartments with practical layouts and attractive hardwood flooring throughout many living spaces. Tenants enjoy the generous outdoor space, offering plenty of room to relax, entertain, or enjoy the peaceful setting rarely found in city properties. The property also includes separate utilities for added convenience and management flexibility, making it an appealing option for investors looking to streamline expenses. Ample off-street parking is available along with a detached 2-car garage, providing valuable storage and parking options for tenants or owners alike. Ideally situated close to everyday amenities, this property is just minutes from local shopping centers, grocery stores, restaurants, schools, and public transportation. Outdoor enthusiasts will appreciate nearby access to Leddy Park, Burlington’s public beaches, walking and biking paths, and Lake Champlain recreation. Downtown Burlington, Church Street Marketplace, UVM Medical Center, and Colchester are all within easy reach, further enhancing the property’s rental appeal. Whether you’re expanding your portfolio, seeking an owner-occupied investment opportunity, or looking for a property with long-term upside in a prime Burlington location, this triplex offers an exceptional chance to invest in Vermont real estate with strong tenant demand and excellent location advantages. Owner is a licensed Realtor
Details
| MLS # | 5091358 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1930 |
| Days On Site | 87 |
| Listing Provided By | KW Vermont | Prabin Pokhrel |
Features
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | LD |
| Acreage | 0.18 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Natural Gas, Hot Air |
| Appliances | Rented Water Heater |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Wood Frame, Clapboard Exterior, Vinyl Exterior |
| Foundation Details | Concrete |
| Lot Features | City Lot, Corner Lot |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 9680.08 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | VT |
|---|---|
| County | Chittenden |
| City | Burlington |
| Zip Code | 05408 |
| Area | VT Chittenden |
| School District | Burlington School District |
| Elementary School | C. P. Smith School |
| High School | Burlington High School |
| Listing VS Median (in 05408) | |
Price: $549,000 low | high Med: $0 On site: 87 low | high Med: | |
Market Activity 05408
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Learn More About This Property
| State | VT |
|---|---|
| County | Chittenden |
| City | Burlington |
| Zip Code | 05408 |
| Area | VT Chittenden |
| School District | Burlington School District |
| Elementary School | C. P. Smith School |
| High School | Burlington High School |
| Listing VS Median (in 05408) | |
Price: $549,000 low | high Med: $0 On site: 87 low | high Med: | |
