$744,000

Estimated payment $5,251/month

Total Views 6,735
10 Beds
4 Baths
2,948 Sq Ft
$252 Price per Sq Ft

Highlights

  • Deck
  • Covered Patio or Porch
  • Double Pane Windows
  • Wood Flooring
  • Interior Lot
  • 3-minute walk to Little Park

About This Home

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!

Listing Agent

The Conroy Group

KW Vermont Brokerage Phone: 802-999-8410 License #081.0004452 Listed on: 06/19/2025

KW Vermont

Co-Listing Agent

Isaiah Donaldson

KW Vermont Brokerage Phone: 802-999-8410 License #082.0134518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,455

Year Built

  • Built in 1899

Lot Details

  • 5,663 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Garden

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Cellulose Insulation
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Double Pane Windows
  • Window Screens

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • City Lot

Schools

  • Integrated Arts Academy Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Gas Available at Street
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Recreation

  • Trails

Building Details

  • 3 Leased Units
  • Gross Income $75,408
  • Net Operating Income $55,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,455

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Directions: Heading North on North Winooski Avenue, property is on the left. Sign on property. Park on the street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1899
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Curbing, Interior Lot, Level, Neighbor Business, Sidewalks, Street Lights, Trail/Near Trail, Near Paths, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • Co List Office Mls Id: 1844-0
  • Attribution Contact: Phone: 802-999-8410
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2948.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2948
  • SqFt_Apx_Unfn_Above_Grade: 262
  • SqFt_Apx_Unfn_Below_Grade: 2068
  • Water_Body_Access: No
  • Water_View: No
  • SqFt_Apx_Total: 5278
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Owned, Water Heater – Separate
  • Total Bedrooms: 10
  • Flooring: Concrete, Hardwood, Tile, Vinyl
  • Basement: Concrete, Crawl Space, Full, Stairs - Interior, Storage Space, Unfinished, Interior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: None
  • Exterior Features: Deck, Fence - Partial, Garden, Natural Shade, Other, Porch - Covered, Storage, Window Screens, Windows - Double Pane
  • Roof: Flat, Membrane
  • Easements: Unknown
  • Construction Type: Insulation-Cellulose, Wood Frame, Wood Exterior, Wood Siding
  • Waterfront: No
  • Foundation Details: Brick/Mortar, Concrete, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, On Street, Other

Utilities

  • Electric: 100 Amp Service, Circuit Breakers, On-Site
  • Sewer: Public Sewer
  • Heating: Natural Gas, Gas Heater - Vented, Space Heater, Wall Units
  • Cooling: None
  • Trash: Cans, Curbside, Municipal, Owner, Recycle
  • Utilities: Cable Connected, Gas - At Street, Phone Connected, Other
  • Water Source: Public

Schools

  • Elementary School: Integrated Arts Academy
  • High School: Burlington High School
  • Middle Or Junior School: Edmunds Middle School

Lot Info

  • Surveyed: Yes
  • Zoning: NMU
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663.0

Multi Family

  • Gross Income: 75408.0
  • Number Of Units Total: 3
  • Net Operating Income: 55582.0
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14454.88

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $744,000 -- $252 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 5047504

PrimeMLS