Updated Duplex with Side Yard
272 S Winooski Avenue Burlington, VT 05401
For Sale
$650,000
MULTI_FAMILY - Other - Burlington, VT
Property Size1,758 SF
Lot Size0.15 Acres
Price / SF$369.74
Days on Market51
Property Features for 272 S Winooski Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Assigned, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Garden Space, Porch, Enclosed Porch
- Appliances
- Natural Gas Water Heater, Owned Water Heater
- Standard status
- Active
- Size
- 1,758 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 12568
Utilities
- Utilities
- Cable Available
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1904
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic, Tile, Vinyl, Softwood
- Building materials
- Wood Frame, Brick Exterior
- Roof type
- Shingle, Membrane
- Architectural style
- Other
Listing Agency:
RE/MAX North Professionals
(802) 655-3333
Listed By:
Jacqueline Marino
(802) 655-3333
Added: Jun 5
Changed: Jul 19
Last Checked: Jul 25 at 4:06AM
MLS# 5093240
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Updated duplex on a large corner lot in Burlington’s South End University district. The property has undergone extensive improvements over the past several years, including extensive remodeling of the 2nd and 3rd floors and substantial updates across both units and the building systems. Apartment 2 features a new kitchen with granite countertops, stainless steel appliances, and a gas range, along with a renovated 3/4 bath, rebuilt interior stairways with risers and hardwood treads, and washer and dryer hookups (with private laundry). Apartment 1 is offered in strong condition with a kitchen that includes vinyl flooring and stainless steel appliances, plus a large insulated side porch with vinyl windows.
Building-wide updates include replacement or repair of the roofs, repointing of bricks, paving of the driveway, and replacement of multiple windows. Mechanical upgrades include extensive electrical and plumbing work in both units and the basement. The property also has parking and green space supported by the large side yard and recently paved 6+ parking spot driveway.
Apartment 2 is currently vacant and ready for new tenants or owner-occupancy. Historically, the property has been rented to long-term tenants under market terms.
Building-wide updates include replacement or repair of the roofs, repointing of bricks, paving of the driveway, and replacement of multiple windows. Mechanical upgrades include extensive electrical and plumbing work in both units and the basement. The property also has parking and green space supported by the large side yard and recently paved 6+ parking spot driveway.
Apartment 2 is currently vacant and ready for new tenants or owner-occupancy. Historically, the property has been rented to long-term tenants under market terms.
Key Highlights
- Updated duplex on a large corner lot (built 1904) with almost $175,000 in updates completed over the past 6 years.
- Apt #2 is currently vacant and ready for new tenants or owner‑occupancy; Unit 2 has 3 rooms that can function as bedrooms.
- Apt #2 updates include new hardwood floors, new kitchen with granite countertops, stainless steel appliances, gas range, hood fan, and tile 3/4 bath.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $15.96 |
| − Vacancy | −$320 | −$0.18 |
| EGI | $27.7k | $15.78 |
| − OpEx | −$8.3k | −$4.73 |
| NOI | $19.4k | $11.04 |
1,758 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.7K – $323.6K
NOI $19,416 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$245.6K
$214.9K – $286.6K
NOI $17,195 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$482.2K
$421.9K – $562.6K
NOI $33,754 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex on a large corner lot with remodeled interiors, private laundry, and a paved multi-spot driveway.
Where is this duplex located?
The property is located at 272 S Winooski Avenue Burlington, VT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Updated duplex on a large corner lot (built 1904) with almost $175,000 in updates completed over the past 6 years.; Apt #2 is currently vacant and ready for new tenants or owner‑occupancy; Unit 2 has 3 rooms that can function as bedrooms.; Apt #2 updates include new hardwood floors, new kitchen with granite countertops, stainless steel appliances, gas range, hood fan, and tile 3/4 bath.
