73-75 North Champlain Street

Description

Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex at 73-75 North Champlain Street offers immediate cash flow with significant upside. Currently generating $3,700 per month in rental income, the property is rented below market, presenting an excellent opportunity for investors to increase returns over time. Each unit features spacious living areas, hardwood flooring, generous bedrooms, and classic Burlington charm with period details throughout. The flexible layout appeals to both long-term tenants and owner-occupants seeking to offset their mortgage with rental income. Each unit comes with its own driveway for valuable off-street downtown parking. Ideally located just minutes from downtown Burlington, the waterfront, UVM, Champlain College, restaurants, shopping, and public transportation, this property is well-positioned in one of the city's strongest rental markets. Whether you're looking to expand your investment portfolio or purchase an owner-occupied multifamily with future income potential, this duplex delivers an exceptional combination of location, character, and value. Current gross rental income: $3,700/month with upside potential through market-rate rents.