244 North Champlain Street

Multi-Family Property
List Price: $575,000
Location: Burlington, VT
MLS #: 5045032
Total Units: N/A
Total Bedrooms: N/A
Total Bathrooms: N/A
Status: Active

Property Description

Welcome to 244 North Champlain Street, a beautifully preserved historic property located in one of Burlington’s most sought-after neighborhoods. This classic home combines timeless character with modern updates, offering the ideal blend of convenience, comfort, and charm. With its prime location just moments from vibrant downtown Burlington, this is a rare opportunity to own a piece of history in the heart of the city. Located within walking distance of Church Street Marketplace, Lake Champlain, local parks, and a variety of restaurants and shops, this home offers the best of Burlington living. You'll love the easy access to all the city has to offer, plus the quick commute to UVM, Champlain College, and major transportation routes. Come look at this top to bottom renovation. New windows, flooring, boiler, electric panels, roof, cabinets, quartz countertops, vanities, fixtures, fans, appliances, siding and so much more. Tastefully updated and ready for a headache free investment. Living in one side and have the tenants on the other side, or enjoy a completely headache free rental property with tenants on both sides. Both units are currently vacant. Downstairs unit consist of a 3 bedroom 1 bathroom layout with a large kitchen. Upstairs is a 2 bedroom 1 bathroom apartment.

Multi-Family Features

🏢 Multiple Units
💰 Investment Income
📊 Property Management
📈 Scalable Investment

Investment Opportunities

Multiple Income Streams

Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.

Scalable Investment

Multi-family properties offer excellent potential for scaling your real estate investment portfolio.

Professional Management

Perfect for investors looking to build a managed real estate portfolio with professional oversight.

Rental Analysis

Monthly Rental Income

$4,600 - $6,900

Estimated based on 0.8% - 1.2% of property value

Annual ROI Potential

8% - 12%

Based on typical multi-family returns

School Reports for Burlington

Change Indicators:

Excelling🔺 Improving Not Improving🔻 Declining🔒 Suppressed No Data

Burlington Sd

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Burlington Senior High School

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C P Smith School

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Chamberlin School

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Champlain Elementary School

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Edmunds Elementary School

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Edmunds Middle School

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Frederick H Tuttle Middle School

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Integrated Arts Acad At Ho Wheeler

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J J Flynn School

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Lyman C Hunt Middle School

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Orchard School

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Rick Marcotte Central School

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So Burlington High School

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South Burlington Sd

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Sustain Acad At Lawrence Barnes

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