Presented by Veterans United Realty

This listing courtesy of Andrea Champagne , Champagne Real Estate

$695,000

246 East Avenue, Burlington, VT 05401

1 bath

Multi-Family Home
Built in 1957
0.26acre lot
1 car garage
$——/sqft
Listed 3 months ago

Property Description

Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 31st 2026 with an annual income of $48,000. A new lease has been signed for June 1st 2026 through May 31st 2027 for an annual gross income of $54,000. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment.

Listing Status:: Active
Date Added:: October 16, 2025
Data Last Updated:: February 4, 2026 at 4:01PM
Listing Office:: Champagne Real Estate : 802-372-4500
Listing Agent:: Andrea Champagne : 802-372-4500
MLS ID:: 5065964

Basement: ConcreteConcrete Floor
A/C: None
Heating: Natural GasHot Air

Style: Tri-Level

Roofing: Shingle
General: Wood FrameBlock

Road/Access: Public
County: Chittenden

Driveway: Other
Zoning: RL Lower Intensity

Utilities: CableUnderground Gas
Water: None
Sewer: Public

Presented by Veterans United Realty

This listing courtesy of Andrea Champagne , Champagne Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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