76 Ethan Allen Parkway
Property Description
Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, thisrare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four ofthe units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area providesample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoyimmediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, theUniversity of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access tomajor roadways and public transportation adds even more appeal for long-term tenants. Whether you're looking to expand your portfolio or invest in one of Burlington'smost desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning Districtwhich offers even further redevelopment potential, reach out for more specific details!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,650,000 |
| No. of Units: | 7 |
| Year Built: | 1988 |
| Lot Size: | 5,798.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $235,714 |
| Property Website | Click Here |
| Number of Bedrooms: | 21 |
| Number of Bathrooms: | 13 |
ID: 3yd-NNERENNH-5089323
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