$695,000
Pending
14 Days Online
0 Beds3 Baths4,394 SQFT
Pending

366 North Avenue Burlington, VT 05401

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New zoning regulations in Burlington place this in the RC zone. Allowing now for a four story apartment building to be built. Great opportunity to live and have income from the accessory apartment and storage building! Currently the owner is renting the main house for $3, 500 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & could rent for $2, 000 per month. The outbuilding rents at $1, 200 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$13,129
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusPending
  • MLS ID Number4994041
  • Home Size Source Public Records
  • Year Built1935
  • Lot Size0.3 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Style ColonialMulti- FamilyWalkout Lower Level
  • Construction Vinyl Siding
  • Parking Auto OpenDrivewayGarageOn- SiteParking Spaces 6+R V Access/ ParkingUnderground
  • Sewer Public Sewer
  • Basement Climate ControlledFinishedGravelStairs - InteriorStorage SpaceWalkoutInterior AccessExterior Access
  • Number of Stories 2
  • Acreage 0.3
  • Water Public
  • Garage Spaces 4
  • Attached Garage No
  • Zoning Residential Corridor

Interior Features

  • Cooling Central A COther
  • Heating Gas - NaturalBaseboardForced AirHot Air
  • Flooring CarpetHardwoodTile

Exterior Features

  • Roof Asphalt
  • Exterior OutbuildingPorch - Covered
  • Lot City LotLevelMajor Road FrontageSidewalks

Community Features

  • Community Features In TownNear Country ClubNear Golf CourseNear PathsNear ShoppingNeighborhoodNear Public TransportatnNear Hospital
  • MLS Area VT-Chittenden

Schools

School District
Burlington School District
Elementary School
Assigned
Middle School
Lyman C. Hunt Middle School
High School
Burlington High School

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Monthly Payment (Est.)

$3,707
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