$675,000 ($280.08 per sqft)

Est. Mortgage $3,238/mo *

Quick Pre-Approval

Listing courtesy of Kurt Schueler, Four Seasons Sotheby's Int'l Realty 802-864-0541


299 Manhattan Drive, Burlington, VT, 05408

299 Manhattan Drive, Burlington, VT, 05408

9 rooms

4 beds

2 Full baths

1920

Duplex, Farmhouse

2,410 sqft

Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlington’s 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 Burlington’s 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.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

Residential

Frontage:

40

Heating:

Natural Gas, Direct Vent, Electric, Floor Furnace, Heat Pump, Hot Water, Mini Split

Cooling:

Mini Split

Basement:

Concrete, Concrete Floor, Insulated, Unfinished, Basement Stairs

Parking:

Driveway, Off Street, Parking Spaces 3, Paved

Acreage:

0.14

Est. Taxes:

$11,384

Lot Description:

City Lot,Sidewalks,In Town,Near Paths,Near Shopping,Neighborhood,Near Public Transportatn,Near Hospital,Near School(s)

Elementary School:

Integrated Arts Academy

Middle School:

Edmunds Middle School

High School:

Burlington High School

School District:

Burlington School District

MLS #:

5080551


Community Info

School Info

Walk Score

Mass Transit

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