$7,305,000 ($381.84 per sqft)

Est. Mortgage $36,938/mo *

Quick Pre-Approval

Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-863-1500


180 North Winooski Avenue, Burlington, VT, 05401

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


Community Info

School Info

Walk Score

Mass Transit

Yelp