180 North Winooski
Burlington, VT 05401
- – beds
- – baths
- 19,131 sqft
- ~1 acre lot
- $381 per sqft
- 2023 build
- – on site
Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New England’s real estate market well known as the home to University of Vermont, Champlain College, St. Michael’s College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New England’s strongest real estate markets.
Listing courtesy of PRIME_MLS / Lipkin Audette Team / Coldwell Banker Hickok and Boardman
Last checked:
Checking…
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Last updated Dec 16, 2024
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MLS# 5024258 —
The Building
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Year Built:2023
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Apartment Building
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Roof:Shingle - Asphalt, Slate
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Foundation:Brick, Stone
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Total Stories:2.5
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Total Units:19
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Approx SqFt Total:19131
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Approx SqFt Total Finished:19,131 Sqft
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Approx SqFt Finished Above Grade:19,131 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Finished Above Grade Source:Assessor
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Road Frontage Type:Public
Interior
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Basement:Yes
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Basement Description:Unfinished
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Basement Access Type:Walk-up
Room Dimensions
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Room 2 Dimensions:0 Sqft
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Room 9 Dimensions:0 Sqft
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Room 21 Dimensions:See I&E
Location
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Directions:Burlington Student Rental Portfolio: 180-186 N Winooski Ave,17 School St, 49-55 Chase St, 23 Isham St.
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Latitude:44.485358000001000
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Longitude:-73.210611999999998
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot SqFt:53,579 Sqft
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Lot Acres:1 Sqft
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Zoning:RM, RL, NMU
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Driveway:Concrete
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Lot Features:City Lot
Listing Agent
- Contact info:
- Office phone:
- (802) 863-1500
Taxes
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Tax Year:Combined
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$92,392
Beds
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Total 2 Bedroom Units:5
Baths
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Three Quarter Baths Size:0 Sqft
The Listing
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Price Per SqFt:381.84
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Hot Air, Hot Water
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Fuel Company:VT Gas
Utilities
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Utilities:Cable - Available
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
The Community
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Covenants:Unknown
Extra Units
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Total 3+ BR Units:12
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/10/24
Dec 10, 2024
|
Listed / Active | PRIME_MLS | $7,305,000 |