53-55 Walnut Street Burlington, Vermont - Sold in 2026

53-55 Walnut Street Burlington, Vermont 05401 MLS# 5047515

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Sold Status

$725,000 Sold Price

Multi Type

6 Beds

5 Baths

3,887 Sqft

Listed By idENTITY real estate group of KW Vermont
Sold By Real Broker LLC
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Burlington

53-55 Walnut Street

Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!

Property Location

53-55 Walnut Street Burlington

Property Details

Sold Price  $725,000 Sold Date  Mar 12th, 2026
List Price  774,000 Bedrooms  6 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  5 Year Built  2008
MLS#  5047515 Lot Size  0.22 Acres Taxes $17,585
Type  Multi-Family Days on Market  370 Days Tax Year 2025
Units  4 Stories  2 Road Frontage  58
Annual Income  $77,076 Style  Level Water Frontage  
Annual Expenses  $0 Finished  3,887 Sqft Construction  No, Existing
Zoning   R4 Above Grade  3,887 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Jun 19th, 2025
Gross Income  $77,076 Operating Expenses  $0 Net Income  $53,092
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 864 SqFt, $1,359/Monthly Unit 2   1 Beds, 1 Baths, 864 SqFt, $1,379/Monthly
Unit 3   1 Beds, 1 Baths, 864 SqFt, $1,359/Monthly Unit 4   3 Beds, 2 Baths, 1,178 SqFt, $2,326/Monthly
Construction
BasementInterior, Unfinished, Full, Concrete, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Brick, Stone, Stone House Color  Turq/Yello
Floors  Vinyl, Concrete, Hardwood, Tile, Vinyl, Wood Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsHeading East on Manhattan Drive, turn right onto Spring Street, continue past Dewey Park, turn left onto Walnut Street, property is on the left. Sign on property. Park on the street.
Lot DescriptionUnknown, Near Bus/Shuttle, Landscaped, Other, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital, Near School(s)
Garage & Parking  No
Road Frontage  58 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R4
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Integrated Arts Academy High  Burlington High School
Heat Fuel  , Wall Units Excluded  
Heating/Cool  Whole House Fan, Wall Units, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  Unknown
Water   ROW for Other Parcel  Unknown
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker, Circuit Breaker(s), On-Site Tax ID  114-035-13902
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† The remarks published on this webpage originate from Listed By idENTITY real estate group 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.