40-40 1/2 Convent Square Burlington, VT 05401
Old North End NeighborhoodEstimated payment $4,195/month
Highlights
- Deck
- Interior Lot
- Outdoor Storage
- Wood Flooring
- Garden
- Trails
About This Home
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.
Listing Agent
KW Vermont Brokerage Phone: 802-999-8410 License #081.0004452 Listed on: 06/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,960
Year Built
- Built in 1919
Lot Details
- 6,534 Sq Ft Lot
- Interior Lot
- Level Lot
- Garden
Home Design
- Concrete Foundation
- Wood Frame Construction
- Slate Roof
- Vinyl Siding
- Clapboard
Interior Spaces
- Property has 2 Levels
- Window Screens
Flooring
- Wood
- Laminate
- Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Stone Driveway
- Gravel Driveway
- Dirt Driveway
- Unpaved Parking
- On-Site Parking
- Off-Street Parking
- 1 to 5 Parking Spaces
Outdoor Features
- Deck
- Outdoor Storage
Location
- City Lot
Schools
- Sustainability Academy Elementary School
- Lyman C. Hunt Middle School
- Burlington High School
Utilities
- Space Heater
- Separate Meters
- Cable TV Available
Community Details
Overview
- 3 Units
Recreation
- Trails
Building Details
- 3 Leased Units
- Gross Income $64,620
- Net Operating Income $49,588
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | For Sale | $624,000 | 0.0% | $380 / Sq Ft |
| 08/12/2025 08/12/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | For Sale | $624,000 | -- | $380 / Sq Ft |
Source: PrimeMLS
MLS Number: 5047509
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