366 North AVE new

Burlington,VT 05401

$ 675000

5 Beds

3 Baths

3430 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,430 sqft

Price per Sqft $196

MLS Listing ID 5024842

Bedrooms 5

Full Baths 2

Half Baths 1

Construction Status Existing

Year Built 1935

Annual Tax Amount $13,129

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

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.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning RC

Rooms

Basement Entrance Interior

Basement Concrete Floor,Stairs - Exterior,Stairs - Interior

Interior

Cooling Other

Exterior

Garage Spaces 2.0

Garage Description Auto Open,Driveway,Garage,Paved,Attached,Detached

Utilities Available Other

Roof Type Shingle

Building

Story 2

Foundation Concrete

Sewer Public

Construction Status Existing

Schools

School District Burlington School District

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