246 North Winooski Avenue Burlington, Vermont 05401 MLS# 5016271

3-Unit with Potential!

Unique investment opportunity in Burlington's Old North End. Adjacent from local favorites like Taco Gordo, Barrio Bakery, and Jake's ONE Market. this multi-family property is packed with potential, plenty of off-street parking plus NMU Zoning allows for redevelopment opportunities. This 3-unit building offers 1 two-bedroom apartment and 2 one-bedroom apartments-ideal for rental income or owner occupancy. A spacious two-story garage is perfect for additional storage or possible future conversion. Two of the apartments are in great shape, while the other one-bedroom unit and garage present a fixer-upper opportunity. With some TLC, this property has room for significant value growth! Peaceful backyard behind the garage, a rare find in the city for tenants to relax and enjoy. Prime location with proximity to downtown, restaurants, and parks. Don't miss this chance to invest in one of Burlington's most sought-after neighborhoods! Showings begin Tuesday 10/1.

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱

Property Location

Property Details