Listed by Kathleen OBrien with Four Seasons Sotheby's Int'l Realty 802-864-0541

Active

366 North Avenue

Burlington VT, 05401

$675,000


$196.79 per sqft

Active

5 Beds

3 Baths

3,430 sqft

Residential

Built in 1935

This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience.The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom. Upstairs, two bedrooms offer ample accommodation. An outbuilding also generates $1,200 monthly for storage. The expansive garage, accommodating four (ish) cars, doubles as a workshop or space ripe for conversion into a home business. Beyond its practicality, the property delights with views of the Green Mountains to the east. Many neighboring owners on North Ave have embraced this vista, creating patio areas for enjoyment. Conveniently located, the property offers easy access to amenities and activities. With its multifaceted potential and prime location, this property is poised to fulfill diverse needs and aspirations.

5024842

MLS ID

December 18, 2024

Listed

January 6, 2025

Updated

Map

366 North Avenue
Burlington VT, 05401

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Natural Gas, Baseboard, Hot Air, Hot Water

Exterior/Building Features

Lot Size

0.3 Acres


Roof

Shingle


Sewer

Public

Other Property Details

Area Name

VT-Chittenden


Taxes

$13,129


Tax Frequency

Annually


Days on Market

1


Garage

Yes


Garage Spaces

2


Parking

Auto Open, Driveway, Garage, Paved, Attached, Detached


View

No


Pool

No

Listed by Kathleen OBrien with Four Seasons Sotheby's Int'l Realty 802-864-0541

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