173-179 South Prospect Street Burlington, Vermont 05401 MLS# 5089984
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Under Contract Status
$1,775,000 List Price
Multi Type
7 Beds
5 Baths
5,239 Sqft
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Burlington
A bridge to your new home
So much to love in this unique and historic character-filled home. Originally built for a member of Vermont's founding Ethan Allen family, this exceptional Burlington property is beautifully maintained with modern updates. Situated on over a half acre, the backyard is a private oasis with mature shade trees, ample perennial gardens, patios, and artisanal stone walls. With three complete renter-ready units, the property could be owner-occupied, a dedicated income property, or easily restored to a stately single residence. A great setup for multi-generational living with three distinct living spaces, all with internal and exterior access. The central residence, with a brand-new kitchen, offers over 2,500 square feet with 3+ bedrooms brimming with unique features. Its third-floor balcony offers stunning sunset views of the Adirondack Mountains. Two-story kitchen windows face west over the backyard and illuminate the heart of the home. On the south end of the structure, a lovely two-bedroom apartment was recently updated and is flooded with natural light. This two-story unit with two bedrooms has a separate designated driveway and exterior entrance, lending it added privacy. Interior access to this unit from the central residence allows it to be incorporated into the main residence or used as an in-law suite, caretaker or overflow space for family and guests. The "artist's studio," on the north side of the structure, was architecturally designed and built in 2018. A spacious two-bedroom apartment, it is connected to the central residence by a delightful sky bridge. It also enjoys direct and private access to the driveway and garden from the ground floor. A barn-style two-car garage with gambrel roofs and unique siding offers second-floor loft space waiting for the next buyer's vision! Easy access to Downtown Burlington, the waterfront, the University of Vermont, the UVM Medical Center, and Champlain College.
• Known as The Home for me & my Bestie!
• 3 units with interior/exterior access
• Main house, townhouse, and studio
• Beautifully maintained, modern updates
• Private backyard oasis
• Near UVM Medical and Champlain College
Cooperation Fee - 2%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
| Contract Date Jun 10th, 2026 | ||
|---|---|---|
| List Price 1,775,000 | Bedrooms 7 | Garage Size 2 Car |
| Cooperation Fee 2% | Total Bathrooms 5 | Year Built 1910 |
| MLS# 5089984 | Lot Size 0.55 Acres | Taxes $26,845 |
| Type Multi-Family | Days on Market 34 Days | Tax Year 2025 |
| Units 3 | Stories 1/2/1900 | Road Frontage 150 |
| Annual Income $0 | Style | Water Frontage |
| Annual Expenses $0 | Finished 5,239 Sqft | Construction No, Existing |
| Zoning Residential | Above Grade 5,239 Sqft | Seasonal No |
| Total Rooms 7 | Below Grade 0 Sqft | List Date May 20th, 2026 |

