Multi-Family for Sale: 1531 North Avenue, Burlington, VT 05408

3 beds
2 full baths
1,908 sqft
$425,000
$425,000
1531 North Avenue, Burlington, VT 05408
3 beds
2 full baths
1,908 sqft
$425,000
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Price:
$425,000
$49,000 - 10/08/2024

Type Multi-Family
Style Duplex
Beds 3
Total Baths 2 full baths
Square Feet 1,908 sqft
Lot Size 0.11 acres
Year Built 1924
Taxes Paid $8,028

City Burlington
County Chittenden
School District Burlington School District

MLS 5008228
Status Active
DOM 113 days
This Burlington duplex is a fantastic opportunity for first-time investors looking to put in a little sweat equity! Ideal for owner-occupying or for families looking for separate dwellings while staying under one roof. Built in 1924, this property has preserved some of its charming elements like the original moldings and doors, while making maintenance-free updates like the vinyl siding. The unit on the main level features two bedrooms and a full bathroom along with an enclosed front porch, a mudroom/bonus room on the back of the house and access to the basement which offers a laundry area, additional half bath and plenty of extra space to be finished or used for storage. On the second level, you’ll find a cozy and character-filled one-bedroom unit with a spacious floorplan with a full kitchen, large living room and ¾ bath. The units have separate hot water heaters and electric meters with a shared heating system. Outside the nicely sized, level lot has garden space and a concrete patio behind the detached one-car garage. Situated in a prime location, this home offers the perks of a quiet and established neighborhood while being minutes to downtown Burlington and the waterfront. Enjoy easy access to the grocery store, schools and nearby shops and restaurants. This property is full of potential just waiting to be realized by its new owner, so don’t miss your chance to capitalize on this awesome opportunity while it lasts!

Lot & Building Features

Appliances Water Heater – Owned, Water Heater–Natural Gas, Water Heater – Tank
Utilities Gas - Underground
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Hot Air
Parking Description Detached, Garage, Driveway
Sewer Public
Tax Year 2024
Taxes Paid $8,028
Water Public
Basement Description Concrete Floor, Stairs - Interior, Interior Access, Full
Foundation Block
Lot Description Corner, Walking Trails, Trail/Near Trail, Sidewalks, Open, Level
Roof Shingle - Architectural
Features Exterior Garden Space, Porch - Enclosed, Porch - Covered
Garage Yes

Community and Schools

Junior High School Lyman C. Hunt Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Appliances Included, Water Heater, Washer, Refrigerator, Range - Electric, Porch, Hot Water, Heat - Natural Gas, Dryer, Ceiling Fan
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rooms 7
Unit 1 Status Owner Occupied
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Heat - Natural Gas, Water Heater, Porch, Heat Included
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rooms 4
Unit 2 Status Owner Occupied

Price History of 1531 North Avenue

Date Name Price Difference
10/08/2024 Price Adjustment $425,000 10.34%
09/05/2024 Price Adjustment $474,000 5.01%
08/05/2024 Listing Price $499,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$435,000
$243 / sqft
Average
$435,000
$243 / sqft
High
$435,000
$243 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05408 3 2.0 $425,000 1,908 $223 N/A
205 North Winooski Avenue Burlington 05401 3 2.0 $435,000 1,791 $243 09/13/2024

Map of 1531 North Avenue, Burlington, VT

Location Map Street View
Photo of Cheryl Brown
Direct: 603-929-1100
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by KW Vermont, Templeton Real Estate Group
$
20%
1.8890823529412%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1531 North Avenue (MLS #5008228) is a multi-family listing located in Burlington, VT. This multi-family listing is 1,908 sqft and on a lot of 4,792 sqft (or 0.11 acres) with 3 bedrooms, 2 baths and is 100 years old. This property was listed on 08/05/2024 and has been priced for sale at $425,000.

The 3 bedroom multi-family listing at 205 North Winooski Avenue in Burlington is nearby and sold for $435,000 on 09/13/2024.

Nearby zip codes are 05401 3434, 05401, 05404, 05446 and 05644. This property neighbors other cities such as Colchester, Shelburne, South Burlington, South Hero and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: KW Vermont

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/26/2024