366 North - Burlington, Vermont

Agency/Brokerage: Kathleen OBrien, Four Seasons Sotheby's Int'l Realty

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.

$675,000.00
  • MLS Number: 5024842
  • Size: Approx 3430 Sq Feet
  • Lot Size: 0.3 Acres
  • Bedrooms: 5
  • Full Baths: 2
  • 1/2 Baths: 1
  • Basement: Yes
  • Year built: 1935
    Sewer:
  • Public
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366 North
Burlington, Vermont

For More Information Contact

John Colvin
BROKER, REALTOR®, MLS, CIBOR
Office: 802-438-9900
Mobile: 802-236-5777
Fax: 802-438-9900