Duplex with Screened
579 S Willard Street Burlington, VT 05401
579 S Willard Street, Burlington, VT, 05401
$639,900
For Sale
$639,900
MULTI_FAMILY - Other - Burlington, VT
Property Size1,928 SF
Lot Size0.09 Acres
Price / SF$331.90
Days on Market116
Property Features for 579 S Willard Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- Garage, Driveway, Covered
- Standard status
- Active
- Size
- 1,928 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11505
Utilities
- Heating system
- Other (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Geri Reilly Real Estate
(802) 862-6677
340 Dorset St., South Burlington, VT
Listed by
Geri Reilly
(802) 862-6677
Added: Mar 27 Updated: Jul 8 at 7:51 pm Checked: Jul 20 at 4:06 pm
MLS# 5080998
Listing URL
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 well-maintained duplex provides two separate residential units, with each side offering two bedrooms and one full bathroom. A large screened-in porch is included for each unit, adding outdoor living space without giving up weather protection. Practical storage is built into the layout with oversized storage closets, and each unit includes its own dedicated garage bay.
The property is positioned on South Willard Street with main entries on that street. Garage access is provided from Shelburne Street. The duplex is also located directly on the bus line, and it is described as being moments from the Church Street Marketplace, Burlington Waterfront, Pine Street, the Burlington Bike Path, I-89, and downtown Burlington.
For owner-occupants, the layout supports living in one unit while leasing the other. For investors, the duplex configuration provides two independent 2-bedroom, 1-bath units with private entry and dedicated garage parking per unit. Overall, the combination of a functional two-unit plan and straightforward access from both South Willard and Shelburne is designed to fit a range of residential income and live-in ownership scenarios.
The property is positioned on South Willard Street with main entries on that street. Garage access is provided from Shelburne Street. The duplex is also located directly on the bus line, and it is described as being moments from the Church Street Marketplace, Burlington Waterfront, Pine Street, the Burlington Bike Path, I-89, and downtown Burlington.
For owner-occupants, the layout supports living in one unit while leasing the other. For investors, the duplex configuration provides two independent 2-bedroom, 1-bath units with private entry and dedicated garage parking per unit. Overall, the combination of a functional two-unit plan and straightforward access from both South Willard and Shelburne is designed to fit a range of residential income and live-in ownership scenarios.
Key Highlights
- Well‑maintained duplex built in 1941 with wood frame and vinyl siding
- Each unit has 2 bedrooms and 1 full bathroom
- Large screened‑in porch associated with the units
Local 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 | $30.8k | $15.96 |
| − Vacancy | −$351 | −$0.18 |
| EGI | $30.4k | $15.78 |
| − OpEx | −$9.1k | −$4.73 |
| NOI | $21.3k | $11.04 |
1,928 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$304.2K
$266.2K – $354.9K
NOI $21,294 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,858 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$528.8K
$462.7K – $617.0K
NOI $37,018 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex offers two 2-bedroom units, each with a screened-in porch and dedicated garage bay access.
Where is this duplex located?
The property is located at 579 S Willard Street Burlington, VT.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Well‑maintained duplex built in 1941 with wood frame and vinyl siding; Each unit has 2 bedrooms and 1 full bathroom; Large screened‑in porch associated with the units
