For Sale, USD 675,000


299 Manhattan Drive, Burlington, VT, 05408,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,410 ft² / 224 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: 5080551


Property Description

Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlingtons desirable Manhattan Drive location. The property features two well-designed units, each with 2 bedrooms and 1 full bath, plus a bonus study in the lower unit that can function as a third bedroom, office, or guest space. The home has been thoughtfully updated with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry on both levels. Major improvements completed in 2022 include upgraded electrical, plumbing, and heating systems for code compliance, a standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, paving, and participation in the Vermont Gas weatherization program. The flexible layout is ideal for an owner-occupant seeking to offset expenses with rental income, or for a buyer looking for a hybrid long-term / short-term rental opportunity. The upper unit is leased at $2,700/month, while the lower unit has a strong short-term rental history. Additional features include gas heat, a lower-level heat pump for supplemental heating and cooling, all new appliances, a fully installed EV charger, 3 off-street parking spaces, full basement, and a large fenced yard perfect for pets, entertaining, or outdoor enjoyment. Located close to downtown Burlington, the waterfront, Church Street, and local amenities, this move-in ready duplex also offers future upside with attic bonus/potential expansion possibilities subject to buyer due diligence and approvals. A rare opportunity to own a renovated, income-producing property in one of Burlingtons most convenient neighborhoods.This property has been successfully utilized as a short-term rental. Buyers should verify compliance with all City of Burlington short-term rental regulations, including potential owner-occupancy requirements.
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299 Manhattan Drive, United States,Vermont,Burlington is a 2,410ft² Burlington luxury Multi-Family Home listed for sale USD 675,000. This high end Burlington Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Burlington or search for luxury properties for sale in Burlington.