132 Rivermount Ter Burlington, VT 05401

Building Details

Year Built

1980

Listing Agency t***@lipkinaudette.com Show Phone

Listed by The Steve Audette Team Show Phone

Source Elliman

Added: May 9 Checked: Jul 17 at 8:03 am

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Investment Insights

Based on property information with market context.

Located on Rivermount Terrace, this multi-family home offers convenient access to Burlington High School, downtown, and the waterfront bike path. The property has been exceptionally maintained and updated, featuring turnkey units suitable for immediate occupancy or rental. Positioned above the surrounding area, it overlooks the Intervale, providing added separation and privacy. Expansive decks offer views and privacy for outdoor dining, relaxation, or entertaining. The flexible layout is suitable for live-in owners renting additional units, with options for Airbnb or long-term tenants. Recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. The location has a bike score of 99, indicating it is a biker's paradise, a walk score of 77, indicating it is very walkable, and a transit score of 45, indicating some transit options are available.

Key Highlights

• Turnkey units ready for immediate occupancy or rental.
• Potential to convert to four units based on recent zoning changes.
• Located in a desirable neighborhood with easy access to Burlington High School, downtown, and the waterfront bike path.

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FAQs

What type of property is this?

Multifamily property - Well-maintained multifamily home with flexible layout and income potential.

Where is this multifamily property located?

The property is located at 132 Rivermount Ter Burlington, VT.

What is the asking price?

The asking price for this property is $735,000.

What are key features of this property?

This property features: Turnkey units ready for immediate occupancy or rental.; Potential to convert to four units based on recent zoning changes.; Located in a desirable neighborhood with easy access to Burlington High School, downtown, and the waterfront bike path.