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Courtesy of Kathleen Obrien of Four Seasons Sotheby's Int'l Realty: .

366 North Avenue

Burlington, VT 05401
  • $675,000
  • STATUS: Active Under Contract
  • ON SITE: 60 Days
  • MLS #: 5024842
Under Contract
UPDATED: 64 min ago
$675,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 3,430
    SQFT
  • $197
    $/SQFT
Type:
Single-Family Home
Built:
1935
County:
Area:

School Ratings & Info

School District:

Description

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.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-16T23:06:02.57.
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366 North Avenue Burlington, VT 05401

  • Price: $675,000
  • Status: Active Under Contract
  • On Site: 60 Days
  • Updated: 64 min ago
  • MLS #: 5024842
5
Beds
2
Baths
1
½ Baths
0.3
Acres
3,430
SQFT
$197
$/SQFT
1935
Built
County:
Chittenden
Area:
Burlington
School District:
Burlington School District
Property Description
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.
Exterior Features

Architectural Style ColonialMulti-Family Color White Construction Materials Wood FrameVinyl Siding Driveway Paved Has Garage Yes Lot Features City LotNear ShoppingNear Public TransportatnNear Hospital Parking Auto OpenDrivewayGaragePavedAttachedDetached Road Frontage TBD Roof Shingle

Interior Features

Basement Access Type Interior Basement Description Concrete FloorStairs - ExteriorStairs - Interior Cooling Other Foundation Concrete Has Basement Yes Heating Natural GasBaseboardHot AirHot Water Quarter Baths 0 Rooms Total 8 Sq Ft Approx Fin Above Grade 3430 Sq Ft Approx Fin Below Grade 0

Property Features

Auction No Construction Status Existing Covenants Unknown Electric 200 AmpCircuit Breaker(s) Electric Company Burl Electric Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company vt gas Pre Construction No Property Type Single Family Rental Amount 1750 Road Frontage Type PavedPublic Seasonal No Sewer Public Span Number 114-035-13666 Surveyed Unknown Tax Gross Amount 13129 Tax Year 2024 Taxes Tbd No Timeshare Fractional Own No Utilities Other Water Source Public Zoning RC

Courtesy of Kathleen Obrien of Four Seasons Sotheby's Int'l Realty: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-16T23:06:02.57.
 
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