$695,000 $3,731 est/mo Sourced by Back At You

366 North Avenue,Burlington, VT 05401

Burlington VT, 05401

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Description

$50,000 Seller credit for repairs being offered with acceptable offer. New zoning regulations in Burlington place this in the RC zone. Allowing now for a four story apartment building to be built. Great opportunity to live and have income from the accessory apartment and storage building! Currently the owner is renting the main house for $3,500 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & could rent for $2,000 per month. The outbuilding rents at $1,200 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything!

Details

MLS#4994041
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1935
Days On Site46
Listing Provided ByFour Seasons Sotheby's Int'l Realty | Kathleen OBrien

Features

SQ Feet4,394
Garage4
BasementY
Story(s)2
ZoningResidential Corridor

Market Activity 05401



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Listings Checked: 3 minutes ago
StateVT
CountyVT Chittenden
CityBurlington
Zip Code05401
AreaChittenden
School DistrictBurlington School District
Elementary SchoolAssigned
Middle SchoolLyman C. Hunt Middle School
High SchoolBurlington High School
Listing VS Median (in 05401)
Price:
$695,000
low | high
Med:
$675,000
52.877697841727% of Average
SqFt:
4,394
low | high
Med:
1,950
100% of Average
$ / SqFt:
$158
low | high
Med:
$346
68.848920863309% of Average
On Site:
46
low | high
Med:
42.000000
100% of Average
Sourced by Back At You
Listing Updated: June 9, 2024 at 6:48:54 PM PDT