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    40-40 Convent Sq Burlington, VT 05401

    For Sale
    $624,000

    Multi-Family - Burlington, VT

    Property size:
    1,642 SF
    Lot size:
    0.15 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 40-40 Convent Sq

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    EntryLevel
    Unit 1: 1,Unit 2: 2,Unit 3: 1
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    1,642 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Natural Gas, Space Heater

    Building Details

    Year built
    1919
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Laminate, Tile, Vinyl, Wood
    Roof type
    Asphalt, Shingle, Slate
    Architectural style
    Other

    KW Vermont (802) 654-8500 [email protected]

    Listing agent The Conroy Group (802) 654-8500

    Listing date Oct 17, 2025

    MLS# 5047509 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burlington Multi-Unit Investment Opportunity

    Located in Burlington's O.N.E., this property at 40-40 1/2 Convent Square features a duplex and a separate single-family home on a 0.15-acre lot. The property offers versatility for generating rental income from three independent units, housing extended family, or living in one unit while renting out the others. Each unit provides distinct living space with functional layouts, comfortable rooms, and ample natural light. The property size is 1,642 square feet. The lot provides outdoor space for patios, shared green areas, or gardening. Residents have access to Lake Champlain's waterfront and downtown Burlington's shops and restaurants. This multi-unit property is located in a high-demand area of Burlington.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2243182
    Latitude
    44.4888218

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Burlington's ONE, near Lake Champlain and downtown.
    Where is this triplex located?
    The property is located at 40-40 Convent Sq Burlington, VT.
    What is the asking price?
    The asking price for this property is $624,000.
    What are key features of this property?
    This property features: - Three independent units (duplex and single-family home) on one lot offer versatile investment options.; - Highly desirable Convent Square location provides easy access to Lake Champlain waterfront and downtown Burlington.; - Generous lot provides ample outdoor space.
    (802) 654-8500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40-40 Convent Sq Burlington, VT 05401
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