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Adam Dow

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

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76 Ethan Allen Pkwy , Burlington, VT 05408
$1,650,000
Est. Payment: $3,666.67/mo
0 Bed
0 Bath
5798 Sqft
Status: Active | Days on site: 116
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857 - 620154
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House Description

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, this rare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four of the units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area provides ample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoy immediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, the University of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access to major roadways and public transportation adds even more appeal for long-term tenants. Whether you’re looking to expand your portfolio or invest in one of Burlington’s most desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning District which offers even further redevelopment potential, reach out for more specific details!

Highlights

Listed by Kassian R Prior , 802-777-5941 KW Vermont , 802-654-8500.

Property Type

Commercial Sale

Lot/Acreage
0.53

Year Built

1988

County

Chittenden

Listing ID

5089321

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:No,Slab

Exterior Features

Lot:City Lot
Zoning:Commercial
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$3,667
Taxes
$2,705

Home Price

$1,650,000

Loan Details

30 yrs
%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,666.67 $2,704.58 $0.00 $6,371.25
Yearly $44,000.00 $32,455.00 $0.00 $76,455.00
Total $1,320,000.00 $973,650.00 $0.00 $2,293,650.00

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.