Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-863-1500
180 North Winooski Avenue, Burlington, VT, 05401
0 beds
2023
Apartment Building
19,131 sqft
Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New England’s real estate market well known as the home to University of Vermont, Champlain College, St. Michael’s College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New England’s strongest real estate markets.
Status:
Active
Type:
Multi-family
Units:
19
Zoning:
RM, RL, NMU
Heating:
Hot Air, Hot Water
Cooling:
None
Basement:
Unfinished
Acreage:
1.23
Est. Taxes:
$92,392
Lot Description:
City Lot
MLS #:
5024258