299 Manhattan Drive Burlington, Vermont - For Sale

299 Manhattan Drive Burlington, Vermont 05408 MLS# 5080551

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For Sale Status

$675,000 List Price

Multi Type

4 Beds

2 Baths

2,410 Sqft

Listed By Kurt Schueler of Four Seasons Sotheby's Int'l Realty
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Burlington

Front Door Front Door
Side Entrance Side Entrance
Front Front
Back entry Back entry
Backyard Backyard
Backyard Backyard
Backyard Backyard
Backyard Backyard
1st Floor Entry 1st Floor Entry
1st Floor Entry 1st Floor Entry
1st Floor Entry 1st Floor Entry
1st Floor office Office/Flex 1st Floor office Office/Flex
1st Floor office Office/Flex 1st Floor office Office/Flex
299 Manhattan Drive
1st Floor Kitchen 1st Floor Kitchen
1st Floor Kitchen 1st Floor Kitchen
1st Floor Kitchen 1st Floor Kitchen
1st Floor Kitchen 1st Floor Kitchen
1st Floor Kitchen 1st Floor Kitchen
1st Floor Kitchen/dinning 1st Floor Kitchen/dinning
299 Manhattan Drive
1st Floor Bathroom 1st Floor Bathroom
1st Floor Bathroom 1st Floor Bathroom
1st Floor Living room 1st Floor Living room
1st Floor Living room 1st Floor Living room
1st Floor Living room 1st Floor Living room
1st Floor Bedroom 1st Floor Bedroom
1st Floor Bedroom 1st Floor Bedroom
1st Floor Bedroom 1st Floor Bedroom
1st Floor Bathroom 1st Floor Bathroom
1st Floor Bedroom 1st Floor Bedroom
1st Floor living rooom 1st Floor living rooom
Basement Laundry Basement Laundry
2nd Floor Entry 2nd Floor Entry
2nd Floor Entry 2nd Floor Entry
2nd Floor Entry 2nd Floor Entry
2nd Floor Bedroom 2nd Floor Bedroom
2nd Floor Bedroom 2nd Floor Bedroom
2nd Floor Kitchen 2nd Floor Kitchen
2nd Floor Kitchen 2nd Floor Kitchen
2nd Floor Kitchen 2nd Floor Kitchen
299 Manhattan Drive
299 Manhattan Drive
2nd Floor Bedroom 2nd Floor Bedroom
299 Manhattan Drive
299 Manhattan Drive
2nd Floor Bathroom 2nd Floor Bathroom
2nd Floor Bedroom 2nd Floor Bedroom
299 Manhattan Drive
2nd Floor Entry 2nd Floor Entry
2nd Floor Laundry/Bathroom 2nd Floor Laundry/Bathroom
1st Floor Bathroom 1st Floor Bathroom

Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlington’s desirable Manhattan Drive location. The property features two well-designed units, each with 2 bedrooms and 1 full bath, plus a bonus study in the lower unit that can function as a third bedroom, office, or guest space. The home has been thoughtfully updated with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry on both levels. Major improvements completed in 2022 include upgraded electrical, plumbing, and heating systems for code compliance, a standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, paving, and participation in the Vermont Gas weatherization program. The flexible layout is ideal for an owner-occupant seeking to offset expenses with rental income, or for a buyer looking for a hybrid long-term / short-term rental opportunity. The upper unit is leased at $2,700/month, while the lower unit has a strong short-term rental history. Additional features include gas heat, a lower-level heat pump for supplemental heating and cooling, all new appliances, a fully installed EV charger, 3 off-street parking spaces, full basement, and a large fenced yard perfect for pets, entertaining, or outdoor enjoyment. Located close to downtown Burlington, the waterfront, Church Street, and local amenities, this move-in ready duplex also offers future upside with attic bonus/potential expansion possibilities subject to buyer due diligence and approvals. A rare opportunity to own a renovated, income-producing property in one of Burlington’s most convenient neighborhoods. This property has been successfully utilized as a short-term rental. Buyers should verify compliance with all City of Burlington short-term rental regulations, including potential owner-occupancy requirements.

Property Location

299 Manhattan Drive Burlington

Property Details

List Price  675,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1920
MLS#  5080551 Lot Size  0.14 Acres Taxes $11,384
Type  Multi-Family Days on Market  89 Days Tax Year 2025
Units  2 Stories  2 Road Frontage  40
Annual Income  $79,754 Style  Near Shopping Water Frontage  
Annual Expenses  $0 Finished  2,410 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,410 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Mar 24th, 2026
Gross Income  $79,754 Operating Expenses  $0 Net Income  $50,888
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 836 SqFt, $2,700/Monthly Unit 2   2 Beds, 1 Baths, 1,062 SqFt, $0/Mo
Construction
BasementInterior, Concrete, Unfinished, Insulated, Unfinished, Basement Stairs
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  Dark Grey
Floors  Tile, Ceramic Tile, Vinyl Plank Building Certifications  
Roof  Metal HERS Index  
DirectionsFrom North Champlain Street, right on Manhattan Drive. Left at stop sign staying on Manhattan. Property on right next to school playground.
Lot DescriptionUnknown, Near Bus/Shuttle, Neighborhood, Near Public Transportatn, Near Hospital, Near School(s)
Garage & Parking  No
Road Frontage  40 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Integrated Arts Academy High  Burlington High School
Heat Fuel  , Electric, Mini Split Excluded  
Heating/Cool  Mini Split, Heat Pump, Hot Water, Floor Furnace, Electric, Direct Vent Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Burlington Telcom Documents  Property Disclosure, Deed, Tax Map
Electric  Circuit Breaker Tax ID  114-035-13900
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† The remarks published on this webpage originate from Listed By Kurt Schueler of Four Seasons Sotheby\'s Int\'l Realty 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.