246 East Avenue Burlington, Vermont - For Sale

246 East Avenue Burlington, Vermont 05401 MLS# 5065964

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For Sale Status

$625,000 List Price

Multi Type

0 Beds

0 Baths

1,944 Sqft

Listed By Andrea Champagne of Champagne Real Estate
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Burlington

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Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 25th 2027 with an annual gross income of $52,800. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment with 48 hour notice.

Property Location

246 East Avenue Burlington

Property Details

List Price  625,000 Bedrooms  0 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1957
MLS#  5065964 Lot Size  0.26 Acres Taxes $9,094
Type  Multi-Family Days on Market  257 Days Tax Year 2026
Units  1 Stories  3 Road Frontage  
Annual Income  $52,800 Style   Water Frontage  
Annual Expenses  $0 Finished  1,944 Sqft Construction  No, Existing
Zoning   RL Lower Intensity Above Grade  1,608 Sqft Seasonal  No
Total Rooms  0 Below Grade  336 Sqft List Date  Oct 16th, 2025
Gross Income  $52,800 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Construction
BasementInterior, Concrete, Concrete Floor
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Shingle HERS Index  
DirectionsEast Ave off of Colchester Ave and Main Street.
Lot Description
Garage & Parking  Yes
Road Frontage   Water Access  
Driveway  Other Water Type  
Flood Zone  No Water Body  
Zoning  RL Lower Intensity
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  Washer and Dryer
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  114-035-18296
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† The remarks published on this webpage originate from Listed By Andrea Champagne of Champagne Real Estate 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.