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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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246 East Ave , Burlington, VT 05401
$625,000
Est. Payment: $1,388.89/mo
0 Bed
0 Bath
1944 Sqft
Status: Active | Days on site: 179
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House 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.

Highlights

Listed by Andrea Champagne , 802-372-4500 Champagne Real Estate , 802-372-4500.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1957

County

Chittenden

Listing ID

5065964

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:1608
Basement:Yes,Concrete,Concrete Floor

Exterior Features

Lot:Existing
Zoning:RL Lower Intensity
Roof:Shingle
Sewer:Public
Principal Interest
$1,389
Taxes
$778

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
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Monthly Price:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $777.78 $0.00 $2,166.67
Yearly $16,666.67 $9,333.32 $0.00 $25,999.99
Total $500,000.00 $279,999.60 $0.00 $779,999.60

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Burlington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.