$1,650,000

About this home

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, this rare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four of the units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area provides ample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoy immediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, the University of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access to major roadways and public transportation adds even more appeal for long-term tenants. Whether you’re looking to expand your portfolio or invest in one of Burlington’s most desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning District which offers even further redevelopment potential, reach out for more specific details!

Property details

MLS #

5089321

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

88

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.53 acres