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Listed by Andrea Champagne • Champagne Real Estate
$ 625,000
Est. payment /mo
Price Dropped by $70K
246 East AVE Burlington, VT 05401
1,944 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $321
MLS Listing ID 5065964
Construction Status Existing
Year Built 1957
Annual Tax Amount $9,093
Tax Year 2026
Lot Size 0.260 Acres
Acres 0.26
Property Description
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.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning RL Lower Intensity
Rooms
Basement Entrance Interior
Basement Concrete, Concrete Floor
Interior
Cooling None
Exterior
Garage Spaces 1.0
Utilities Available Cable, Underground Gas
Roof Type Shingle
Building
Story 3
Sewer Public
Architectural Style Tri-Level
Construction Status Existing
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