246 East Avenue

Burlington, VT 05401

Property Type Residential
Property Subtype Single Family Residence
MLS # 5064519
List Price $695,000
Status Active
Bedrooms 3
Bathrooms 2.00
Acres 0.26
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Property Description

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.

Property Location

Property Details

Property Status: Active
Price: $695,000
Assessed: $0
Assessed Year: N/A
County: VT-Chittenden
Acres: 0.26
Property Type: N/A
Year Built: 1957
Agency/Brokerage:
Cooperation Fee: N/A
Bedrooms: N/A
Total Baths: N/A
Sq. Ft. (Total): N/A
Tax Year: N/A
Taxes: $0
Association Fees: N/A

Interior Features

# Of Stories: N/A
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Sq. Ft. (Below Ground): N/A
Sq. Ft. Unfinished: N/A
Rooms: N/A
Bedrooms: N/A
Baths: N/A
Interior Desc: N/A
Appliances Included: N/A
Flooring: N/A
Heating Cooling Fuel: N/A
Water Heater: N/A
Basement Desc: N/A

Exterior Features

Style of Residence: N/A
House Color: N/A
Time Share: N/A
Resort: N/A
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Amenities/Services: N/A
Land Desc.: N/A
Suitable Land Usage: N/A
Roof Desc.: N/A
Driveway Desc.: N/A
Foundation Desc.: N/A
Sewer Desc.: N/A
Garage/Parking: N/A
Garage Spaces: N/A
Road Frontage: N/A

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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Mortgage Calculator

20%
Monthly Principal & Interest $0
Monthly Property Tax $0
Monthly Insurance $0
Total Monthly Payment $0
Loan Amount $0
Total Interest Paid $0
Total Cost $0

Contact Information

Pall Spera Company Realtors
📍 123 Main Street
Stowe, VT 05672
🕒 Monday - Friday: 9:00 AM - 5:00 PM
Saturday: 9:00 AM - 3:00 PM
Sunday: Closed

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