Home For Sale In Burlington, Vermont

house for sale

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Listed: 01/14/24

23 Elmwood Avenue, Burlington, VT 05401, USA

Studio Bed:

9,987 Sq Ft Living Area:

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Price

$ 3,2M

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About This House

A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and … Full description

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Houses for sale in Burlington

Original listing

Old North End Housing & Living

Household Income

Median household income: $47,140

Number of households: 16,067

The average household income in Burlington, VT grew from $46,754 to $47,140 in the past year. This data is an estimate based upon 16,067 households in Burlington, VT.
The chart below presents how household income is distributed in Burlington, VT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Burlington, VT compared to median property taxes around the country. The prevalent amount of property taxes in Burlington, VT equals $3k+ , which is more than the national average.