1480 North Avenue Burlington, Vermont - For Sale

1480 North Avenue Burlington, Vermont 05408 MLS# 5091358

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For Sale Status

$629,900 List Price

Multi Type

4 Beds

3 Baths

1,724 Sqft

Listed By Prabin Pokhrel of KW Vermont
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Burlington

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Fantastic opportunity to own a well-located triplex in Burlington’s highly desirable New North End. Set on a spacious corner lot shaded by mature trees, this multi-family property offers strong investment potential in one of Burlington’s most sought-after rental areas. The building features a mix of roomy 1-bedroom and 2-bedroom apartments with practical layouts and attractive hardwood flooring throughout many living spaces. Tenants enjoy the generous outdoor space, offering plenty of room to relax, entertain, or enjoy the peaceful setting rarely found in city properties. The property also includes separate utilities for added convenience and management flexibility, making it an appealing option for investors looking to streamline expenses. Ample off-street parking is available along with a detached 2-car garage, providing valuable storage and parking options for tenants or owners alike. Ideally situated close to everyday amenities, this property is just minutes from local shopping centers, grocery stores, restaurants, schools, and public transportation. Outdoor enthusiasts will appreciate nearby access to Leddy Park, Burlington’s public beaches, walking and biking paths, and Lake Champlain recreation. Downtown Burlington, Church Street Marketplace, UVM Medical Center, and Colchester are all within easy reach, further enhancing the property’s rental appeal. Whether you’re expanding your portfolio, seeking an owner-occupied investment opportunity, or looking for a property with long-term upside in a prime Burlington location, this triplex offers an exceptional chance to invest in Vermont real estate with strong tenant demand and excellent location advantages. Owner is a licensed Realtor

Property Location

1480 North Avenue Burlington

Property Details

List Price  629,900 Bedrooms  4 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1930
MLS#  5091358 Lot Size  0.18 Acres Taxes $9,680
Type  Multi-Family Days on Market  26 Days Tax Year 2025
Units  3 Stories  2 Road Frontage  180
Annual Income  $61,200 Style   Water Frontage  
Annual Expenses  $0 Finished  1,724 Sqft Construction  No, Existing
Zoning   LD Above Grade  1,724 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  May 28th, 2026
Gross Income  $61,200 Operating Expenses  $0 Net Income  $46,280
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,425/Monthly Unit 2   2 Beds, 1 Baths, $1,800/Monthly
Unit 3   1 Beds, 1 Baths, $1,200/Monthly
Construction
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors  Hardwood Building Certifications  
Roof  Asphalt Shingle HERS Index  
DirectionsProperty on the corner of North Avenue and Cayuga Court.
Lot Description, Corner
Garage & Parking  Yes
Road Frontage  180 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  LD
School District  Burlington School District Middle  Lyman C. Hunt Middle School
Elementary  C. P. Smith School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-10817
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† The remarks published on this webpage originate from Listed By Prabin Pokhrel of KW Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.