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Listed by Robert Foley • Flat Fee Real Estate
$ 525,000
Est. payment /mo
New
73-75 North Champlain ST Burlington, VT 05401
4 Beds
2 Baths
1,920 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $273
MLS Listing ID 5097441
Bedrooms 4
Full Baths 2
Construction Status Existing
Year Built 1899
Annual Tax Amount $8,163
Tax Year 2026
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex at 73-75 North Champlain Street offers immediate cash flow with significant upside. Currently generating $3,700 per month in rental income, the property is rented below market, presenting an excellent opportunity for investors to increase returns over time. Each unit features spacious living areas, hardwood flooring, generous bedrooms, and classic Burlington charm with period details throughout. The flexible layout appeals to both long-term tenants and owner-occupants seeking to offset their mortgage with rental income. Each unit comes with its own driveway for valuable off-street downtown parking. Ideally located just minutes from downtown Burlington, the waterfront, UVM, Champlain College, restaurants, shopping, and public transportation, this property is well-positioned in one of the city's strongest rental markets. Whether you're looking to expand your investment portfolio or purchase an owner-occupied multifamily with future income potential, this duplex delivers an exceptional combination of location, character, and value. Current gross rental income: $3,700/month with upside potential through market-rate rents.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning residential
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Flooring Carpet, Hardwood
Exterior
Utilities Available Cable
Roof Type Membrane
Building
Story 2
Sewer Public
Architectural Style Duplex
Construction Status Existing
Schools
Elementary Schools Assigned
Middle Schools Edmunds Middle School
High Schools Burlington High School
School District Burlington School District
Nearby Locations