Listing courtesy of Patrick O'Connell, Four Seasons Sotheby's Int'l Realty Phone: 802-864-0541
366 North Avenue, Burlington, VT, 05401
8 rooms
5 beds
2 Full / 1 Half baths
1935
Colonial, Multi-Family
3,430 sqft
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.
Status:
Active
Type:
Single-family residential
Zoning:
RC
Garage:
2-car Garage
Heating:
Baseboard, Hot Air, Hot Water
Cooling:
Other
Basement:
Concrete Floor, Stairs - Exterior, Stairs - Interior
Parking:
Auto Open, Driveway, Garage, Paved, Attached, Detached
Acreage:
0.3
Est. Taxes:
$13,129
Lot Description:
City Lot
School District:
Burlington School District
MLS #:
5016692