$624,000
PENDING

40-40 1/2 Convent Square Burlington, VT 05401

Old North End Neighborhood

Estimated payment $4,208/month

Total Views 6,714
6 Beds
3 Baths
1,642 Sq Ft
$380 Price per Sq Ft

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. Showings start Monday 09/23/2025!

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

  • $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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,960

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Directions: Headed North on North Avenue, turn right onto Convent Square, continue around the bend, property is on your left side. Sign on property. Park on the street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1919
  • Display On Internet: High Speed Intrnt at Site
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Curbing, Interior Lot, Landscaped, Level, Other, Sidewalks, Street Lights, Trail/Near Trail, Views, Walking Trails, Near Paths, Near Shopping, Neighborhood, 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: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 1642.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Owned Water Heater, Separate Water Heater
  • Total Bedrooms: 6
  • Flooring: Combination, Laminate, Manufactured, Tile, Wood, Vinyl Plank
  • Basement: Concrete, Concrete Floor, Dirt Floor, Finished, Full, Other, Partially Finished, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Interior Entry, Exterior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: Crushed Stone, Dirt, Gravel
  • Exterior Features: Deck, Partial Fence, Garden, Natural Shade, Other, Porch, Covered Porch, Storage, Window Screens, Double Pane Window(s)
  • Roof: Asphalt Shingle, Slate
  • Easements: Unknown
  • Construction Type: Cellulose Insulation, Other, Wood Frame, Clapboard Exterior, Combination Exterior, Vinyl Exterior, Vinyl Siding
  • Waterfront: No
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Site, Parking Spaces 3 - 5, Unpaved

Utilities

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

Schools

  • Elementary School: Sustainability Academy
  • High School: Burlington High School
  • Middle Or Junior School: Lyman C. Hunt Middle School

Lot Info

  • Surveyed: Yes
  • Zoning: R3
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Gross Income: 64620.0
  • Number Of Units Total: 3
  • Net Operating Income: 49588.0
  • 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: 10960.16

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
08/12/2025 08/12/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $624,000 -- $380 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5047509

PrimeMLS
Vermont Chittenden County Burlington 05401 Old North End

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

This home is located at 40-40 1/2 Convent Square, Burlington, VT 05401 and is currently priced at $624,000, approximately $380 per square foot. This property was built in 1919. 40-40 1/2 Convent Square is a home located in Chittenden County with nearby schools including Sustainability Academy at Lawrence Barnes, Lyman C. Hunt Middle School, and Burlington Senior High School.

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PrimeMLS Copyright 2025 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.

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The Conroy Group
Listing Agent
The Conroy Group
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KW Vermont
(802) 397-9377