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! †

Essentials

MLS# 4994041	Bedrooms 5	Garage Size 4 Car
List Price 695,000	Total Bathrooms 3	Year Built 1935
Type Multi-Family	Lot Size 0.3000 Acres	Taxes $13,129
Units 2	Stories 2	Road Frontage 50
Annual Income $0	Style Near Shopping	Water Frontage
Annual Expenses $0	Finished 4,394 Sqft	Construction No, Existing
Zoning Residential Corridor	Above Grade 3,062 Sqft	Seasonal No
Total Rooms 5	Below Grade 1,332 Sqft	List Date May 3rd, 2024

Expenses

Gross Income $0	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 4 Beds, 2 Baths, 1,864 SqFt, $3,500/Monthly	Unit 2 1 Beds, 1 Baths, 936 SqFt, $2,000/Other

Building

Construction
BasementWalkout, Storage Space, Climate Controlled, Interior Stairs, Gravel, Finished, Walkout, Interior Access, Exterior Access
Interior Features
Exterior Features

Exterior	Disability Features
Foundation Block, Concrete	House Color white
Floors Tile, Carpet, Hardwood	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsTake North Ave through Burlington out to the New North End. About a mile past the police station the property is on the right across from the New Complex Cambrian Rise (previously the Burlington College Campus)
Lot DescriptionUnknown, Near Bus/Shuttle, Neighborhood, Near Public Transportatn, Near Hospital
Garage & Parking Yes, On Site, Garage, 6+ Parking Spaces, On-Site, Parking Spaces 6+, RV Access/Parking, Underground

Road Frontage 50	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Residential Corridor

Schools

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

Utilities

Heat Fuel	Excluded
Heating/Cool Central Air, Other, Baseboard, Hot Air, Hot Air	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co Burl Telecom	Documents Property Disclosure, Other, Deed, Tax Map
Electric Circuit Breaker, 200 Amp	Tax ID 11403513666