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    71-73 Harrison Ave Burlington, VT 05401

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    For Sale
    $900,000

    Triplex near Oakledge Park with development potential and rental income.

    Lot size:
    0.38 Acres

    Property Features for 71-73 Harrison Ave

    General Information

    Lot size
    0.38 Acres

    Building Details

    Year built
    1945

    Source: Coldwell Banker Hickok and Boardman Agent The Steve Audette Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside Triplex with Development Potential

    This Lakeside neighborhood triplex offers both lifestyle and opportunity. The property features three separate buildings situated on a 0.38-acre lot with a large backyard. The main duplex contains two updated 3-bedroom apartments. A detached rental cottage provides additional income. A separate 2-story garage offers bonus space and the potential to add more apartments. The property includes a large backyard and off-street parking. The property is located across the street from a park and near a bike path. It is also close to Oakledge Park, Lake Champlain, and downtown Burlington.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2194896
    Latitude
    44.4584347

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    FAQs

    What type of property is this?
    Triplex - Triplex near Oakledge Park with development potential and rental income.
    Where is this triplex located?
    The property is located at 71-73 Harrison Ave Burlington, VT.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime Lakeside neighborhood location: close to Oakledge Park, Lake Champlain, bike path, and downtown Burlington.; - Triplex property with three separate buildings on a large .38-acre lot.; - Two updated 3-bedroom apartments in the main duplex.
    (802) 846-8800
    Request Owner's contact information
    71-73 Harrison Ave Burlington, VT 05401
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    Burlington, VT 05401
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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
    71-73 Harrison Ave Burlington, VT 05401
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