Burlington RC Zone Investment Opportunity: Versatile Property with Income Potential This property is now in Burlington's RC zone, opening the door to a four-story apartment building project. It offers a unique opportunity to live in the main house while generating income from an accessory apartment and storage building. The main house is currently vacant, Nest thermostats, and more. The accessory apartment features a renovated kitchen with new cabinets, appliances, and flooring, and is currently rented for $1,750. The outbuilding, used for storage, rents for $1,200/month that ends with the sale but an opportunity. The spacious garage, currently a workshop, can accommodate four cars and has potential for conversion into a home business space. The lot offers views of the Green Mountains, with the potential for creating a patio area to enjoy the scenery. Located close to all amenities, this well-maintained property provides plenty of living space, including a large open living room/kitchen, a first-floor bedroom with a new full bathroom, additional spaces for an office or den, and two bedrooms on the second level. Don't miss this versatile investment opportunity!
Directions: Take North Ave through Burlington out to the New North End. About a mile past the police station the property is on the right across from the New Complex Cambrian Rise (previously the Burlington College Campus)
Price Information
Listing Price Info
Price Summary:
List Price: $695,000
Price Per SqFt: $158/SqFt
Tax Information:
Annual Amount: $13,065
Tax Year: 2020
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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: 11/21/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 17, 2018
Oct 17, 2018Home Sold
$370,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$13,065
$345,000
2019
$9,697
$345,000
2018
$11,353
$420,300
2017
$10,892
$420,300
History based on county public records data.
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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 school0.69 miles
Public Magnet Grades PK-5
5
/10
Sustainability Academy
123 North St
Distance between this listing and this school0.71 miles
Public Magnet Grades PK-5
4
/10
Edmunds Elementary School
299 Main St
Distance between this listing and this school1.46 miles
Public District Grades KG-5
Nearby Schools
3
/10
Edmunds Middle School
275 Main St
Distance between this listing and this school1.44 miles
Public District Grades 6-8
4
/10
Lyman C. Hunt Middle School
1364 North Ave
Distance between this listing and this school1.87 miles
Public District Grades 6-8
2
/10
Winooski Middle School
80 Normand St
Distance between this listing and this school2.41 miles
Public District Grades 6-8
Nearby Schools
4
/10
Burlington High School
52 Institute Rd
Distance between this listing and this school0.53 miles
Public District Grades 9-12
1
/10
Winooski High School
80 Normand St
Distance between this listing and this school2.41 miles
Public District Grades 9-12
7
/10
Colchester High School
131 Laker Lane
Distance between this listing and this school3.42 miles
The neighbors living near this home have an average income of $81,452. Typical income of Burlington, VT residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 366 N Ave
What is the listing price of this property?
The listing price of 366 N Ave property is $695,000.
What type of property is this?
The property 366 N Ave is land located in Burlington, Vermont, 05401.
Is this property for sale now?
Active Listing: 366 N Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $13,065 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 17, 2018 for $370,000. (source: MLS/tax record).
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This home is located at 366 N Ave in Burlington, VT and zip code 05401 in the New North End neighborhood. This 4,394 square foot home, which was built in 1935, sits on a 0.30 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $695,000.
The number of homes for sale in Burlington, VT increased by 61.8% between September 2024 and October 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $475,000 during the same period.
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. 
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