1531 North Avenue Burlington, VT
$425,000
Beds 3
Baths 2
Square Footage 1,908
Acres 0.11
Description
This Burlington duplex is a fantastic opportunity for first-time investors looking to put in a little sweat equity! Ideal for owner-occupying or for families looking for separate dwellings while staying under one roof. Built in 1924, this property has preserved some of its charming elements like the original moldings and doors, while making maintenance-free updates like the vinyl siding. The unit on the main level features two bedrooms and a full bathroom along with an enclosed front porch, a mudroom/bonus room on the back of the house and access to the basement which offers a laundry area, additional half bath and plenty of extra space to be finished or used for storage. On the second level, you’ll find a cozy and character-filled one-bedroom unit with a spacious floorplan with a full kitchen, large living room and ¾ bath. The units have separate hot water heaters and electric meters with a shared heating system. Outside the nicely sized, level lot has garden space and a concrete patio behind the detached one-car garage. Situated in a prime location, this home offers the perks of a quiet and established neighborhood while being minutes to downtown Burlington and the waterfront. Enjoy easy access to the grocery store, schools and nearby shops and restaurants. This property is full of potential just waiting to be realized by its new owner, so don’t miss your chance to capitalize on this awesome opportunity while it lasts!
Listed by KW Vermont, Templeton Real Estate Group
Details
MLS 5008228
Price $425,000
Status Active
DOM 132 days
Type Multi-Family
Style Duplex
Beds 3
Total Baths 2 full baths
Square Feet 1,908 sqft
Lot Size 0.11 acres
Year Built 1924
Taxes Paid $8,028
Lot & Building Features
Appliances Water Heater – Owned, Water Heater–Natural Gas, Water Heater – Tank
Utilities Gas - Underground
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Hot Air
Parking Description Detached, Garage, Driveway
Sewer Public
Tax Year 2024
Taxes Paid $8,028
Water Public
Basement Description Concrete Floor, Stairs - Interior, Interior Access, Full
Foundation Block
Lot Description Corner, Walking Trails, Trail/Near Trail, Sidewalks, Open, Level
Roof Shingle - Architectural
Features Exterior Garden Space, Porch - Enclosed, Porch - Covered
Garage Yes
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included, Water Heater, Washer, Refrigerator, Range - Electric, Porch, Hot Water, Heat - Natural Gas, Dryer, Ceiling Fan
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rooms 7
Unit 1 Status Owner Occupied
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Heat - Natural Gas, Water Heater, Porch, Heat Included
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 4
Unit 2 Status Owner Occupied
Schools
Junior High School Lyman C. Hunt Middle School
Senior High School Burlington High School
Multi-Family Home for Sale: 1531 North Avenue, Burlington, VT 05408
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.