311-315 North Winooski AVE new Save Request In-Person Tour Request Virtual Tour
Burlington,VT 05401
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $252
MLS Listing ID 5047504
Bedrooms 10
Full Baths 4
Construction Status Existing
Year Built 1899
Annual Tax Amount $14,454
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Seize this exceptional investment opportunity at 311-315 North Winooski Avenue in Burlington's O.N.E. This well configured triplex property offers robust income and a highly versatile unit mix. This building presents strong income from 3-units; a large 5-bedroom, a comfortable 3-bedroom and an efficient 2-bedroom. This varied composition caters to a broad tenant pool while maximizing rental appeal. Adding to its strength, the property falls under NMU zoning, allowing for future flexibility and potential value growth beyond residential use, subject to city approvals. The well-maintained property features practical outdoor space, enhancing resident appeal. Its robust structure in a high-demand rental market ensures long-term stability and value. North Winooski Avenue boasts a fantastic location, providing unparalleled access to the best of the O.N.E. Nearby to the vibrant downtown, shops, restaurants, bars, etc. Proximity to UVMMC, local parks and essential amenities solidifies the desirability for renters. Excellent public transportation, bike paths, etc. further enhances convenience. This isn't just a building; it's a strategic long-term investment in Burlington's competitive multi-family housing market. Triplexes with varied, high-demand unit sizes are highly sought after for superior cash flow and adaptability. Don't miss this outstanding chance to acquire 311-315 North Winooski Avenue! Awaiting its new owner to provide a solid investment. Showings start Monday 06/23/2025!
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning NMU
Rooms
Basement Entrance Interior
Basement Concrete,Crawl Space,Full,Stairs - Interior,Storage Space,Unfinished,Interior Access
Interior
Cooling None
Flooring Concrete,Hardwood,Tile,Vinyl
Exterior
Garage Description None,On Street,Other
Utilities Available Cable - At Site,Gas - At Street,Telephone At Site,Other
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Flat,Membrane
Building
Story 2
Foundation Brick,Concrete,Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Integrated Arts Academy
Middle Schools Edmunds Middle School
High Schools Burlington High School
School District Burlington School District