53-55 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Burlington,VT 05401
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,887 sqft
Price per Sqft $199
MLS Listing ID 5047515
Bedrooms 6
Full Baths 5
Construction Status Existing
Year Built 2008
Annual Tax Amount $17,584
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning R4
Rooms
Basement Entrance Interior
Basement Concrete,Full,Stairs - Interior,Unfinished
Interior
Cooling Whole House Fan
Flooring Combination,Concrete,Hardwood,Tile,Vinyl,Wood
Exterior
Garage Description Driveway,Off Street,On-Site,Parking Spaces 6+,Paved
Utilities Available Cable - At Site,Gas - On-Site,Telephone At Site,Other
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Asphalt,Slate
Building
Story 2
Foundation Brick,Poured Concrete,Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Integrated Arts Academy
Middle Schools Edmunds Middle School
High Schools Burlington High School
School District Burlington School District