246 East Avenue, Burlington, VT 05401

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
246 East Avenue,Burlington, VT 05401
$695,000
  • - Beds
  • 1 Baths
  • 1,944 sq. ft.
  • Multi-family
  • Active
Listed by: andrea champagne
Office: champagne real estate
MLS#:5065964
Source:PrimeMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$175.37

About this home

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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Home facts

  • Year built:1957
  • Listing ID #:5065964
  • Added:119 day(s) ago
  • Updated:February 10, 2026 at 11:30 AM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,944 sq. ft.

Heating and cooling

  • Heating:Hot Air

Structure and exterior

  • Roof:Shingle
  • Year built:1957
  • Building area:1,944 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$175.37
  • Tax amount:$9,093 (2026)
MLS LogoCopyright 2026 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial 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 12, 2026

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