Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New England’s real estate market well known as the home to University of Vermont, Champlain College, St. Michael’s College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New England’s strongest real estate markets.
Property Details
Property Features
Property Information:
Year Built: 2023
Living Area: 19,131 SqFt
Listing Office:
Office Name: Coldwell Banker Hickok and Boardman
Office Phone: (802) 863-1500
Listing Agent: Lipkin Audette Team
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 1.23 Acres
Utilities
Utilities Information:
Heating: Forced Air, Hot Water
Cooling: None
Other
Directions Information:
Directions: Burlington Student Rental Portfolio: 180-186 N Winooski Ave,17 School St, 49-55 Chase St, 23 Isham St.
Price Information
Listing Price Info
Price Summary:
List Price: $7,305,000
Price Per SqFt: $382/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Burlington, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:21:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$36.5K
Per Month
Principal & Interest
$36.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$21.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Integrated Arts Academy
6 Archibald St
Distance between this listing and this school0.24 miles
Public Magnet Grades PK-5
5
/10
Sustainability Academy
123 North St
Distance between this listing and this school0.30 miles
Public Magnet Grades PK-5
4
/10
Edmunds Elementary School
299 Main St
Distance between this listing and this school0.72 miles
Public District Grades KG-5
Nearby Schools
3
/10
Edmunds Middle School
275 Main St
Distance between this listing and this school0.71 miles
Public District Grades 6-8
2
/10
Winooski Middle School
80 Normand St
Distance between this listing and this school1.84 miles
Public District Grades 6-8
6
/10
Frederick H. Tuttle Middle School
550 Dorset St
Distance between this listing and this school2.59 miles
Public District Grades 6-8
Nearby Schools
4
/10
Burlington High School
52 Institute Rd
Distance between this listing and this school1.41 miles
Public District Grades 9-12
1
/10
Winooski High School
80 Normand St
Distance between this listing and this school1.84 miles
Public District Grades 9-12
9
/10
South Burlington High School
550 Dorset St
Distance between this listing and this school2.67 miles
The neighbors living near this home have an average income of $28,309. Most Burlington, VT residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 180 N Winooski Ave
What is the listing price of this property?
The listing price of 180 N Winooski Ave property is $7,305,000.
What type of property is this?
The property 180 N Winooski Ave is land located in Burlington, Vermont, 05401.
Is this property for sale now?
Active Listing: 180 N Winooski Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 180 N Winooski Ave in Burlington, VT and zip code 05401 in the Old North End neighborhood. This 19,131 square foot home, which was built in 2023, sits on a 1.23 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $7,305,000.
While more than 5 listings in Burlington, VT in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. In November 2024 in Burlington, VT there were 5.4% less homes for sale than in October 2024.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
NBA/WNBA
NBA/WNBA
Soccer
Major League Soccer (MLS)
Express/Express For Men
Forever 21
Banana Republic
Starbucks
Dominos Pizza
Sonic
Pontiac
Mazda
Infiniti
Urban Contemporary
Rhythmic Contemporary Hits
Jazz