Updated Three-Unit Triplex with Lake
For Sale
$1,150,000
56 Wright Avenue, Burlington, VT 05401
Multi-Family, Burlington, VT
Property Size1,066 SF
Lot Size0.14 Acres
Price / SF$1,078
Days on Market177
Property Features for 56 Wright Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res Med density
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Basement, Bathroom 1, Bedroom 2
Parking features
Driveway, Offsite
Patio and Porch features
Deck
Exterior features
Deck
Lot features
City Lot, Level, View
Elementary school
Champlain Elementary School
Middle school
Edmunds Middle School
High school
Burlington High School
Standard status
Active
Size
1,066 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11060
Utilities
Heating system
Ductless (Heating), Baseboard
Cooling system
Zoned, Ductless
Water source
Public
Building Details
Year built
1935
Floors in Building
2
Number of units
3
Flooring type
Vinyl, Laminate, Carpet
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
Brian French Real Estate
Listed By:
Brian French · License #0810003857
(802) 862-6433
Added: Apr 13
Changed: Sep 12
Last Checked: Oct 6 at 11:06AM
MLS# 5083392
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.
This 1935 wood-frame triplex contains three one-bedroom apartments within 1,066 square feet on a 0.14-acre lot. Improvements include new windows, Therma Tru exterior doors, new flooring, tiled-shower bathroom updates, upgraded plumbing, new electrical service, and an on-demand hot water system installed in 2026. Ductless mini-split systems, baseboard heat, professional insulation, and zoned cooling support the units. Each apartment has views of Lake Champlain, while newly built covered porches feature Trex decking.
The property is in Burlington’s South End, with access to the Burlington Bike Path, University of Vermont Medical Center, Church Street Marketplace, the Burlington waterfront, and nearby shops and restaurants. Public water serves the property, which has Res Med density zoning, a shingle roof, and driveway and offsite parking features.
The property is in Burlington’s South End, with access to the Burlington Bike Path, University of Vermont Medical Center, Church Street Marketplace, the Burlington waterfront, and nearby shops and restaurants. Public water serves the property, which has Res Med density zoning, a shingle roof, and driveway and offsite parking features.
Key Highlights
- Three one‑bedroom apartments in a 1,066‑square‑foot triplex
- 0.14‑acre Burlington property with Lake Champlain views from each apartment
- Major updates include new windows, doors, flooring, electrical service, and plumbing
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 05401, VT
32,059
Population
13,898
Households
2.3
Avg Household Size
28
Median Age
63%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
5,256
Density / Sq Mi
$60,532
Median Household Income
$23,422
Median Earnings
$1,614
Median Rent
$463,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom apartments with upgraded systems, covered porches, and access to Burlington’s waterfront and downtown amenities.
Where is this triplex located?
The property is located at 56 Wright Avenue Burlington, VT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three one‑bedroom apartments in a 1,066‑square‑foot triplex; 0.14‑acre Burlington property with Lake Champlain views from each apartment; Major updates include new windows, doors, flooring, electrical service, and plumbing
