Multi-Family for Sale: 40-40 1/2 Convent Square, Burlington, VT 05401

6 beds
3 full baths
1,642 sqft
$624,000
$624,000
40-40 1/2 Convent Square, Burlington, VT 05401
6 beds
3 full baths
1,642 sqft
$624,000
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Price:
$624,000
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Multi-Family
Beds 6
Baths 3 full baths
Square Feet 1,642 sqft
Lot Size 0.15 acres
Year Built 1919
Taxes Paid $10,960
City Burlington
County Chittenden
School District Burlington School District
MLS 5047509
Status Active
DOM 172 days
Discover this unrivaled 3-Unit Gem at 40-40 1/2 Convent Square, a true find in Burlington's O.N.E.! This unique offering combines a charming duplex and a separate single-family home on one expansive lot, presenting an unparalleled investment. This property offers immense versatility: generate significant rental income from three independent units, comfortably house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space, ensuring privacy and appeal for residents. Expect functional layouts, comfortable rooms, and ample natural light across all residences. The generous lot provides ample outdoor space for all occupants. Whether it's individual patios, shared green areas, or room for gardening, the exterior adds significant value and enjoyment to this exceptional property. Convent Square is a highly coveted location, placing residents at the epicenter of Burlington's finest amenities. Enjoy effortless access to Lake Champlain's breathtaking waterfront – perfect for strolls, biking, and scenic views. Downtown Burlington's vibrant array of shops, restaurants, and local hotspots are just moments away, promising endless entertainment. This isn't just a property; it's a strategic acquisition in Burlington's robust real estate market. Demand for multi-unit properties in this location remains consistently high, making 40-40 1/2 Convent Square an incredibly smart investment.

Lot & Building Features

Appliances Separate Water Heater, Owned Water Heater
Utilities Gas On-Site, Other, Telephone at Site, Cable at Site
Construction Cellulose Insulation, Combination Exterior, Other, Vinyl Exterior, Clapboard Exterior, Vinyl Siding, Wood Frame
Cooling None
Heating Space Heater, Vented Gas Heater, Natural Gas
Parking Description Parking Spaces 3 - 5, Unpaved, Off Street, On-Site, Driveway
Sewer Public
Tax Year 2025
Taxes Paid $10,960
Water Public
Basement Description Other, Exterior Stairs, Dirt Floor, Partially Finished, Finished, Storage Space, Exterior Access, Interior Access, Unfinished, Concrete, Interior Stairs, Full, Concrete Floor
Foundation Concrete
Lot Description Other, Interior Lot, Street Lights, Curbing, Near Public Transportatn, City Lot, Sidewalks, Near Hospital, Walking Trails, Neighborhood, Trail/Near Trail, Near School(s), Near Paths, View, Landscaped, Near Shopping, Level
Roof Slate, Asphalt Shingle
Features Exterior Other, Partial Fence, Double Pane Window(s), Window Screens, Storage, Porch, Natural Shade, Covered Porch, Garden Space, Deck
Garage No

Community and Schools

Elementary School Sustainability Academy
Junior High School Lyman C. Hunt Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Other, Separate, Electric, Hot Water, CO Detector, Appliances Included, Gas Range, Storage, Natural Gas Heat, Water Heater, Smoke Detector, Refrigerator
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2140.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style First Floor - Flat
Unit 1 Tenant Pays Other, TV Service, Internet Service, Hot Water, Heat, Electric
Unit 1 Total Area 788
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Separate, Hot Water, CO Detector, Smoke Detector, Other, Storage, Electric, Water Heater, Natural Gas Heat, Gas Range, Appliances Included, Refrigerator
Unit 2 Lease Term Annual
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1513.50
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Style Second Floor - Flat
Unit 2 Tenant Pays Other, TV Service, Internet Service, Hot Water, Heat, Electric
Unit 2 Total Area 456
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Separate, Other, Storage, Gas Range, Natural Gas Heat, Water Heater, Hot Water, CO Detector, Smoke Detector, Deck, Appliances Included, Refrigerator, Electric
Unit 3 Lease Term Annual
Unit 3 Level Number 1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1920.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 3
Unit 3 Status Leased
Unit 3 Style 40 1/2 Convent
Unit 3 Tenant Pays Other, TV Service, Hot Water, Internet Service, Heat, Electric
Unit 3 Total Area 486

Price History of 40-40 1/2 Convent Square

Date Name Price Difference
06/19/2025 Listing Price $624,000 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
$479,000
$283 / sqft
Average
$512,250
$316 / sqft
High
$575,000
$342 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 6 3.0 $624,000 1,642 $380 N/A
131 Pine Street Winooski 05404 6 2.0 $479,000 1,694 $283 01/03/2025
95 Union Street Winooski 05404 5 2.0 $515,000 1,536 $335 05/06/2025
10-12 Intervale Avenue Burlington 05401 5 2.0 $480,000 1,575 $305 10/06/2025
54 Hayward Street Burlington 05401-0000 5 2.0 $575,000 1,680 $342 12/08/2025

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Map of 40-40 1/2 Convent Square, Burlington, VT

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Inquire About This Property

Listed by KW Vermont, The Conroy Group & Isaiah Donaldson 802-999-8410
Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
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1.7564358974359%
6.75%
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40-40 1/2 Convent Square (MLS #5047509) is a multi-family multi-family listing located in Burlington, VT. This multi-family listing is 1,642 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 6 bedrooms, 3 baths and is 106 years old. This property was listed on 06/19/2025 and has been priced for sale at $624,000.

The 5 bedroom multi-family listing at 10-12 Intervale Avenue in Burlington is nearby and sold for $480,000 on 10/06/2025. Another nearby 5 bedroom multi-family listing, 54 Hayward Street in Burlington sold for $575,000 on 12/08/2025.

Nearby zip codes are 05401 0000, 05401 5219, 05401 5634, 05404 and 05408. This property neighbors other cities such as Colchester, Lyndon, Shelburne, South Burlington and Winooski.

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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 2026 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 02/12/2026