Bought with Flex Realty Group • Flex Realty
$616,000
$675,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
366 North AVE Burlington, VT 05401
5 Beds
3 Baths
3,430 SqFt
Key Details
Sold Price $616,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,430 sqft
Price per Sqft $179
MLS Listing ID 5024842
Sold Date 04/04/25
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Existing
Year Built 1935
Annual Tax Amount $13,129
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Single Family
Property Description
This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience.The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom. Upstairs, two bedrooms offer ample accommodation. An outbuilding also generates $1,200 monthly for storage. The expansive garage, accommodating four (ish) cars, doubles as a workshop or space ripe for conversion into a home business. Beyond its practicality, the property delights with views of the Green Mountains to the east. Many neighboring owners on North Ave have embraced this vista, creating patio areas for enjoyment. Conveniently located, the property offers easy access to amenities and activities. With its multifaceted potential and prime location, this property is poised to fulfill diverse needs and aspirations.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning RC
Rooms
Basement Entrance Interior
Basement Concrete Floor, Stairs - Exterior, Stairs - Interior
Interior
Cooling Other
Exterior
Garage Spaces 2.0
Garage Description Auto Open, Driveway, Garage, Paved, Attached, Detached
Utilities Available Other
Roof Type Shingle
Building
Story 2
Foundation Concrete
Sewer Public
Architectural Style Colonial, Multi-Family
Construction Status Existing
Schools
School District Burlington School District
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