454 North Avenue Burlington, Vermont 05401 MLS# 5030868

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Under Contract Status

$525,000 List Price

Multi Type

5 Beds

2 Baths

1,889 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Burlington

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Well-Maintained Duplex

Welcome to 454 North Avenue, Burlington! This well-maintained Burlington duplex features a spacious 3-bedroom unit on the main level plus a 2-bedroom unit on the second floor, both with updated flooring, kitchens, and baths. Each unit offers a deck or porch to enjoy outdoors, while the large backyard provides even more space for tenants to enjoy. Convenient laundry and additional storage is located in the basement, and there's a 1-car garage along with more than ample off-street parking. Located just minutes from downtown Burlington, the bike path, and beautiful Lake Champlain, this property offers both comfort and a prime location for tenants to enjoy the best of Burlington living. Opportunity for owner-occupied living as well as smart investment property!

Cooperation Fee - 2.5%

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 2.5% 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

454 North Avenue Burlington

Property Details

Contract Date  Mar 9th, 2025
List Price  525,000 Bedrooms  5 Garage Size  1 Car
Cooperation Fee  2.5% Total Bathrooms  2 Year Built  1895
MLS#  5030868 Lot Size  0.3 Acres Taxes $14,467
Type  Multi-Family Days on Market  23 Days Tax Year 2024
Units  2 Stories  2 Road Frontage  
Annual Income  $49,800 Style   Water Frontage  
Annual Expenses  $0 Finished  1,889 Sqft Construction  No, Existing
Zoning   Res - Corridor Above Grade  1,889 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 3rd, 2025
Gross Income  $49,800 Operating Expenses  $0 Net Income  $27,036
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $2,400/Monthly Unit 2   2 Beds, 1 Baths, $1,750/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description
Garage & Parking  Yes
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res - Corridor
School District  Burlington School District Middle  
Elementary   High  
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  114-035-13627
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.