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Updated Three-Unit Residential Income Property

56 Wright Avenue Burlington, VT 05401

56 Wright Avenue, Burlington, VT, 05401
$1,150,000
For Sale
$1,150,000

Turnkey three one-bedroom units with recent window, door, and system upgrades plus lake-view porches.

Property Size1,066 SF
Price / SF$1,078
Days on Market136

Property Features for 56 Wright Avenue

General Information

Standard status
Active
Size
1,066 SF
Property subtype
Multi-family

Building Details

Year Built
1935
Listing Agency Brian French Real Estate
Listed by Brian French
Source Buyvtrealestate
Added: Mar 4 Checked: Jul 17 at 12:13 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian French Real Estate


Investment Insights

Based on property information with market context.

This beautifully updated three-unit property includes three one-bedroom apartments, each designed with quality finishes and modernized systems. Interior updates feature new flooring throughout and tastefully updated bathrooms with tiled showers. Exterior improvements include all new windows and Therma-Tru exterior doors. The building has also benefited from new electrical service, upgraded plumbing, and an on-demand hot water system (2026). For year-round comfort, the property offers energy-efficient mini-split systems and professional insulation. New covered porches with durable Trex decking provide a place to enjoy the stunning Lake Champlain views from each apartment.

Located in Burlington’s South End, the property offers convenient access to the Burlington Bike Path and the University of Vermont Medical Center, with downtown amenities nearby. The Church Street Marketplace and the Burlington waterfront are within close proximity, along with a selection of local shops and restaurants.

The three one-bedroom layout can appeal to owner-occupants or investors seeking a manageable multifamily configuration with substantial capital improvements already completed. With core systems updated and multiple comfort-focused upgrades in place, the building is well positioned for a smooth transition to new ownership.

Key Highlights

  • Three one‑bedroom units in a 1935‑built multi‑family property with lake views from each apartment
  • Recent upgrades include all new windows and Therma‑Tru exterior doors
  • Bathrooms updated with tiled showers and new flooring throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Nail Salon Electrical Service Plumbing Service Barber Shop Storage Facility Kitchen & Bath Showroom Auto Parts Store Bakery Grocery & Convenience Store

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

FAQs

What type of property is this?
Triplex - Turnkey three one-bedroom units with recent window, door, and system upgrades plus lake-view porches.
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 units in a 1935‑built multi‑family property with lake views from each apartment; Recent upgrades include all new windows and Therma‑Tru exterior doors; Bathrooms updated with tiled showers and new flooring throughout
Contact an agent
More about this property
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