299 Manhattan Dr Burlington, VT 05408
Turnkey duplex in Burlington with modern updates and income potential.
Lot size:
0.14 AcresProperty Features for 299 Manhattan Dr
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1920
Source:
Elliman
Listing Agent: Kathleen Obrien
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Duplex with Income Potential
This extensively renovated duplex, updated in 2022, is located in Burlington's Manhattan Drive area. It features two units, each containing 2 bedrooms and 1 full bath. The lower unit includes a bonus study that can serve as a third bedroom, office, or guest space. Both units have modern kitchens, baths, flooring, windows, appliances, and in-unit laundry. The property has upgraded electrical, plumbing, and heating systems, a standing seam metal roof, a rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, and paving. The property also participated in the Vermont Gas weatherization program. The layout is suitable for an owner-occupant seeking rental income or for a hybrid long-term/short-term rental strategy. The upper unit is leased at $2,700 per month, and the lower unit has a history as a short-term rental. The property includes gas heat, a lower-level heat pump for supplemental heating and cooling, new appliances, an EV charger, 3 off-street parking spaces, a full basement, and a large fenced yard. The property is located close to downtown Burlington, the waterfront, Church Street, and local amenities. There is potential for attic bonus/expansion, subject to buyer due diligence and approvals. This property has been successfully utilized as a short-term rental.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2142718
- Latitude
- 44.4887283
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FAQs
What type of property is this?
Duplex - Turnkey duplex in Burlington with modern updates and income potential.
Where is this duplex located?
The property is located at 299 Manhattan Dr Burlington, VT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: - Extensively renovated in 2022 with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry in both units.; - Income-producing duplex with upper unit leased at $2,700/month and strong short-term rental history for the lower unit.; - Major 2022 upgrades include new electrical, plumbing, heating systems, standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation, and paving.
