366 North Avenue
$695,000
5
2
1
3,430
3,430
$203
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Description
This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience. The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom....This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience. The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom. Upstairs, two bedrooms offer ample accommodation. An outbuilding also generates $1,200 monthly for storage. The expansive garage, accommodating four (ish) cars, doubles as a workshop or space ripe for conversion into a home business. Beyond its practicality, the property delights with views of the Green Mountains to the east. Many neighboring owners on North Ave have embraced this vista, creating patio areas for enjoyment. Conveniently located, the property offers easy access to amenities and activities. With its multifaceted potential and prime location, this property is poised to fulfill diverse needs and aspirations.
- Listed by Patrick O'Connell • Four Seasons Sotheby's Int'l Realty
- Listed by Kathleen OBrien • Four Seasons Sotheby's Int'l Realty
Property Details for 366 North Avenue
Parking
Auto Open, Driveway, Garage, Paved, Attached, Detached
ZoningRC
LISTING UPDATED: 10/04/2024 12:10 PM
Property Details for 366 North Avenue
Status | Active |
---|---|
MLS # | 5016692 |
Days on Market | 51 |
Taxes | $13,129 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family |
Year Built | 1935 |
Lot Size | 0.30 AC / 13,068 SF |
County | Chittenden County |
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Building Information for 366 North Avenue
Stories2Year Built1935Building Size-Lot Size0.30 AC / 13,068 SF
Property Information for 366 North Avenue
Property History for 366 North Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 366 North Avenue
Taxable ValueLand$169,500Additions$424,100Total$593,600
Tax Record2022$12,543 ($1,045 / month)
Home Facts
Beds5Total Finished SqFt3,430 SqFtAbove Grade Finished SqFt3,430 SqFtStories2Lot Size13,068 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1960ZoningRLCountyCHITTENDENAPN(035) 038-4-027-000Fireplace TypeHas Fireplace
Schools near 366 North Avenue
This home is within Burlington School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sustainability Academy At Lawrence Barnes PublicPK to 5 | ||
Lyman C. Hunt Middle School Public6 to 8 | ||
Burlington Senior High School Public9 to 12 | ||
Burlington Technical Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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