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This is an investment opportunity for partial owner occupancy or 100% rentable. Many upgrades were done in 2017 with a new TPO membrane on the roof in 2021. Hardwood, softwood, and tile flooring. On-demand hot water heaters, natural gas space heaters, and electric baseboard heaters. There is a tile shower surround and ceramic tile floor in the full upstairs bath. Upstairs unit has 3 bedrooms and additional office space. Downstairs unit has 2 bedrooms and full bath. Concrete driveway. Basement walls are fully spray-foamed and the floor is poured concrete. Shared laundry is in the basement. Very little lawn maintenance. Centrally located in the classic Old North End of Burlington. Short distance to Church St, UVM, or the Lake Champlain Waterfront.
Property Location
10-12 Intervale Avenue Burlington
Property Details
Sold Price $480,000
Sold Date Oct 6th, 2025
List Price 480,000
Bedrooms 5
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 2
Year Built 1899
MLS# 5039441
Lot Size 0.04 Acres
Taxes $7,197
Type Multi-Family
Days on Market 415 Days
Tax Year 2024
Units 2
Stories 2
Road Frontage
Annual Income $27,000
Style Near School(s)
Water Frontage
Annual Expenses $0
Finished 1,575 Sqft
Construction No, Existing
Zoning R2
Above Grade 1,575 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date May 5th, 2025
Gross Income $27,000
Operating Expenses $0
Net Income $21,949
Expenses Includes
Unit 1 2 Beds, 1 Baths, 700 SqFt, $1,500/Monthly
Unit 2 3 Beds, 1 Baths, 850 SqFt, $750/Monthly
Construction
BasementWalk-up, Unfinished, Stubbed In, Interior Stairs, Stubbed In, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Stone
House Color Blue
Floors Softwood, Hardwood, Ceramic Tile
Building Certifications
Roof Membrane
HERS Index
DirectionsFrom Main St in Burlington turn onto N Prospect St, in .3 miles turn left onto North St, in .6 miles turn right onto Elmwood Ave, in 50' turn right onto Intervale Ave, blue house on the right.