Positioned for immediate income with long-term upside, this turn-key South Burlington duplex offers an attractive opportunity for investors, owner-occupants, or buyers seeking a flexible real estate and business asset. The property includes two separately metered, 2-bed, 1-bath units with reliable, long-term tenants already in place and convenient access to I-89, Burlington, UVMMC, local colleges, shopping, dining, and public transportation. The 1,000+ square foot lower unit (#64) offers two spacious bedrooms, a comfortable living layout, a dedicated mudroom with laundry hookups, and direct access to the full unfinished basement for additional storage (exterior basement access from backyard). This unit also includes a sunny rear deck overlooking the large fenced backyard. Improvements include new carpet installed in 2019, along with a newer stove, refrigerator, interior paint, exterior door, and deck repairs. The upper unit (#66) offers two bedrooms, one bathroom, and an efficient layout. Recent updates include new vinyl plank flooring (2024) and a newer refrigerator. Both units benefit from newer hot water tanks (within past 5 years) and hardwired smoke and carbon monoxide detectors (June, 2025). Public water, public sewer, natural gas heat, separate gas and electric meters, and off-street parking support efficient ownership and management. With both units currently rented on month-to-month agreements, the property provides established income while maintaining flexibility for future planning. Located within South Burlington's Higher Scale Mixed Use zoning district, the property may offer additional long-term potential, including possible added residential units or future office use, pending City approval. Whether held as an excellent rental, owner-occupied, or explored as a broader business or redevelopment opportunity, this exceptional property with a strong cap rate offers multiple paths to building value. See MLS #5102580 for complete Multi-Family listing.
| MLS # | 5105686 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1950 |
| Days On Site | 48 |
| Listing Provided By | Polli Properties | Bradley Auclair |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Higher Scale Mixed Use |
| Acreage | 0.22 |
| Rooms Total | 8 |
|---|---|
| Cooling | None |
| Heating | Natural Gas, Baseboard |
| Interior Features | Ceiling Fan(s), Laundry Hook-ups |
| Appliances | Electric Range, Refrigerator, Natural Gas Water Heater, Owned Water Heater, Tank Water Heater |
| Exterior Features | Deck, Full Fence |
|---|---|
| Roof | Shingle |
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Block, Stone w/ Skim Coating |
| Lot Features | Curbing, Landscaped, Sidewalks, In Town, Near Paths, Near Shopping, Near Public Transit |
| Accessibility Features | 1st Floor Bedroom, 1st Floor Full Bathroom, Paved Parking |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Off Street, On Site, Parking Spaces 4, Paved, Unassigned |
| Utilities | Cable, Underground Gas |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 7638.93 |
|---|---|
| Tax Year | 2026 |
| State | VT |
|---|---|
| County | Chittenden |
| City | South Burlington |
| Zip Code | 05403 |
| Area | VT Chittenden |
| School District | South Burlington Sch Distict |
| Elementary School | Orchard Elementary School |
| High School | SouthBurli |
| Listing VS Median (in 05403) | |
Price: $595,000 low | high Med: $0 On site: 48 low | high Med: | |
| State | VT |
|---|---|
| County | Chittenden |
| City | South Burlington |
| Zip Code | 05403 |
| Area | VT Chittenden |
| School District | South Burlington Sch Distict |
| Elementary School | Orchard Elementary School |
| High School | SouthBurli |
| Listing VS Median (in 05403) | |
Price: $595,000 low | high Med: $0 On site: 48 low | high Med: | |