Back to Search
South End Burlington Duplex

579 South Willard Street Burlington, VT 05401

579 South Willard Street, Burlington, VT, 05401
$649,900
For Sale
Claim this Listing
$649,900

Well-maintained duplex in desirable location with lake views.

Property Size1,928 SF
Price / SF$337.09
AddedMar 27
Days on Market111
Last RefreshJul 5 at 1:00 am

Property Features for 579 South Willard Street

General Information

Standard status
Active
Size
1,928 SF
Property subtype
Multi Family

Building Details

Year Built
1941

Listing office Geri Reilly Real Estate

Listing date Mar 27, 2026

Source Compass

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 Geri Reilly Real Estate


Investment Insights

Based on property information with market context.

This well-maintained duplex is located in the South End of Burlington. Each unit features 2 bedrooms and 1 full bathroom, along with a large screened-in porch with scenic views of Lake Champlain and the Adirondack Mountains. Amenities include a dedicated garage bay per unit and oversized storage closets. The layout offers garage access from Shelburne Street and main entrances on South Willard Street. The property is located directly on the bus line and near the Church Street Marketplace, Burlington Waterfront, Pine Street, Burlington Bike Path, and I-89. The property is suitable for investors and owner-occupants looking to generate rental income or offset their mortgage. The property size is 1928 square feet.

Key Highlights

  • Prime Location: South End Burlington, moments from Church Street Marketplace, Burlington Waterfront, Pine Street, and the Burlington Bike Path.
  • Income Potential/Mortgage Offset: Ideal for investors or owner‑occupants seeking rental income.
  • Lake Champlain and Adirondack Mountain Views: Enjoy scenic views from large screened‑in porches.

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 (±1% cap)
NOI $21,294 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K (±1% cap)
NOI $18,858 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$528.8K
$462.7K – $617.0K (±1% cap)
NOI $37,018 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Plumbing Service Storage Facility Kitchen & Bath Showroom Home Appliance Store Dental Office Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Florist Mobile Phone Store

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex in desirable location with lake views.
Where is this duplex located?
The property is located at 579 South Willard Street Burlington, VT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Prime Location: South End Burlington, moments from Church Street Marketplace, Burlington Waterfront, Pine Street, and the Burlington Bike Path.; Income Potential/Mortgage Offset: Ideal for investors or owner‑occupants seeking rental income.; Lake Champlain and Adirondack Mountain Views: Enjoy scenic views from large screened‑in porches.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message