Excellent investment opportunity in one of Burlington's most desirable areas. Tenants' love the convenience of being a short walk to University, Medical Center, and downtown Burlington. Two apartment buildings with a total of 17 units; all of which are 1 bedroom or studio apartments. Capital improvements throughout and many of the units have seen updates over the past few years. This property is desired by mostly graduate students, professionals and young couples. Off street-parking, coin-op laundry room and basement storage all on site. Easy to rent, manage and maintain. Group open house on 10/30, 4-6 PM please register with LA.

More Info

Tax Information

Tax Year2019

Basic Information

StatusSLD
List Price$1,750,000
Date Price Change10/27/2019
MLS Number4783156
MLS StatusClosed
Sale Date01/17/2020

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningResidential
Address42/46 North Prospect Street
Flood Zone Y/NNo

Building

Year Built1900
Building ConstructionOther, Brick Exterior, Vinyl Siding
StyleApartment Building
Units17
# of 1 Bedrooms17
Basement
- Bulkhead
- Dirt Floor
- Full
- Gravel
- Storage Space
- Unfinished
FoundationStone

Property

Acreage0.39
GarageNo
Parking Spaces
Lot DescriptionCity Lot, Landscaped, Level, Sidewalks, Street Lights
Square Feet7,072
APX Fin AG Sqft7,072
RoadsPaved, Public
AreaVT-Chittenden

Exterior

RoofArchitectural Shingle, Asphalt Shingle
Exterior ColorWhite

Utilities

Heat SystemNatural Gas, Electric, Hot Air, Wall Furnace
WaterPublic
Water HeaterNatural Gas Water Heater
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable

Amenities

PricePerSqFt261.6

Other

Taxes$37,147.36
Seasonal Y/NNo
Operating Expenses75450
Date Listed10/27/2019
View Count37

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 25, 2026 11:38 AM EDT

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