Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 31st 2026 with an annual gross income of $48,000. A new lease has been signed for June 1st 2026 through May 31st 2027 for an annual gross income of $54,000. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment.

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Tax Information

Tax Year2026

Basic Information

Virtual TourView Tour
StatusACT
List Price$695,000
Date Price Change10/16/2025
MLS Number5065964
MLS StatusActive

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningRL Lower Intensity
Address246 East Avenue
Flood Zone Y/NNo

Building

Year Built1957
Building ConstructionWood Frame
StyleTri-Level
Units1
# of 3+ Bedrooms1
BasementConcrete, Concrete Floor
FoundationBlock

Property

Acreage0.26
GarageYes
Parking Spaces1
Lot DescriptionLevel
Square Feet1,944
APX Fin AG Sqft1,608
RoadsPublic
AreaVT-Chittenden

Interior

APX Fin Below Grade336

Exterior

RoofShingle

Utilities

Heat SystemNatural Gas, Hot Air
WaterNone
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable, Underground Gas

Amenities

PetsCats OK, Yes
PricePerSqFt357.51

Other

Taxes$9,093.96
Tax Year Notes2025-2026
Seasonal Y/NNo
Date Listed10/16/2025
View Count1

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 February 18, 2026 8:23 AM EST

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