Description
Seize this exceptional investment opportunity at 311-315 North Winooski Avenue in Burlington's O.N.E. This well configured triplex property offers robust income and a highly versatile unit mix. This building presents strong income from 3-units; a large 5-bedroom, a comfortable 3-bedroom and an efficient 2-bedroom. This varied composition caters to a broad tenant pool while maximizing rental appeal. Adding to its strength, the property falls under NMU zoning, allowing for future flexibility and potential value growth beyond residential use, subject to city approvals. The well-maintained property features practical outdoor space, enhancing resident appeal. Its robust structure in a high-demand rental market ensures long-term stability and value. North Winooski Avenue boasts a fantastic location, providing unparalleled access to the best of the O.N.E. Nearby to the vibrant downtown, shops, restaurants, bars, etc. Proximity to UVMMC, local parks and essential amenities solidifies the desirability for renters. Excellent public transportation, bike paths, etc. further enhances convenience. This isn't just a building; it's a strategic long-term investment in Burlington's competitive multi-family housing market. Triplexes with varied, high-demand unit sizes are highly sought after for superior cash flow and adaptability. Don't miss this outstanding chance to acquire 311-315 North Winooski Avenue! Awaiting its new owner to provide a solid investment. Showings start Monday 06/23/2025!
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10BEDS
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0.13ACRES
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4BATHS
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01/2 BATHS
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2,948SQFT
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$252$/SQFT
School Information
Description
Seize this exceptional investment opportunity at 311-315 North Winooski Avenue in Burlington's O.N.E. This well configured triplex property offers robust income and a highly versatile unit mix. This building presents strong income from 3-units; a large 5-bedroom, a comfortable 3-bedroom and an efficient 2-bedroom. This varied composition caters to a broad tenant pool while maximizing rental appeal. Adding to its strength, the property falls under NMU zoning, allowing for future flexibility and potential value growth beyond residential use, subject to city approvals. The well-maintained property features practical outdoor space, enhancing resident appeal. Its robust structure in a high-demand rental market ensures long-term stability and value. North Winooski Avenue boasts a fantastic location, providing unparalleled access to the best of the O.N.E. Nearby to the vibrant downtown, shops, restaurants, bars, etc. Proximity to UVMMC, local parks and essential amenities solidifies the desirability for renters. Excellent public transportation, bike paths, etc. further enhances convenience. This isn't just a building; it's a strategic long-term investment in Burlington's competitive multi-family housing market. Triplexes with varied, high-demand unit sizes are highly sought after for superior cash flow and adaptability. Don't miss this outstanding chance to acquire 311-315 North Winooski Avenue! Awaiting its new owner to provide a solid investment. Showings start Monday 06/23/2025!
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Courtesy of The Conroy Group of KW Vermont: Phone: 802-999-8410.