366 North Avenue

Burlington, VT 05401

$695,000
Price
5
Beds
2
Baths
1
1/2 Bath
3,430 Sq. Ft.
$203 / Sq. Ft.
3,430
Sq. Ft.
$203
per Sq. Ft.

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.
  1. Listed by Patrick O'Connell • Four Seasons Sotheby's Int'l Realty
  2. 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
Zoning
RC
LISTING UPDATED: 10/04/2024 12:10 PM

Property Details for 366 North Avenue

StatusActive
MLS #5016692
Days on Market51
Taxes$13,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1935
Lot Size0.30 AC / 13,068 SF
CountyChittenden County

Virtual Tour

Building Information for 366 North Avenue

Stories2Year Built1935Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 366 North Avenue

Summary
Location and General Information
  • Area Description: Near Hospital, Near Public Transportatn, Near Shopping
  • City: Burlington
  • County: VT-Chittenden
  • Directions: Take North Ave through Burlington out to the New North End. About a mile past the police station the property is on the right across from the New Complex Cambrian Rise (previously the Burlington College Campus)
  • Latitude: 44.491288148964877
  • Longitude: -73.227289017196640
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-13666
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - District: Burlington School District
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Paved
Virtual Tour
Property
Lot Information
  • Lot - Sqft: 13068.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.3
  • Square Feet Apx Finished Above Grade: 3430.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Assessor
  • Square Feet Apx Total: 5294.0
  • Square Feet Apx Total Finished: 3430.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Assessor
  • Square Feet Apx Unfinished Below Grade: 1864.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1935
Utilities
  • Electric Company: Burl Electric
  • Fuel Company: vt gas
  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Internet: None
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roads: Paved, Public
  • Roof: Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Stairs - Exterior, Stairs - Interior
  • Baths - Total: 3
  • Baths - Full: 2
  • Half Baths: 1
  • One Quarter Baths: 0
  • Three Quarter Bath: 0
  • Rooms - Total: 8
  • Bedrooms - Total: 5
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard, Hot Air, Hot Water
  • Cooling: Other
  • Total Stories: 2
Rental
Rent Information
  • Rented: Yes

Property History for 366 North Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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366 North Avenue is a single family home for sale in Burlington, VT 05401. This property was listed for sale on October 1, 2024 by Four Seasons Sotheby's Int'l Realty, it's currently listed at $695,000. It has been on the market for a total of 51 days and was last sold on October 17, 2018. This listing's school district is Burlington School District. Nearby schools include Sustainability Academy At Lawrence Barnes, Lyman C. Hunt Middle School and Burlington Senior High School. 366 North Avenue is a 5-bed, 2.5-bath, 3,430 sqft single family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Four Seasons Sotheby's Int'l Realty

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 11/21/2024 09:17 PM