Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-846-8800
132 Rivermount Terrace, Burlington, VT, 05401
4 beds
1980
Multi-Family
2,380 sqft
132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
RL
Heating:
Natural Gas, Hot Air
Cooling:
None
Basement:
Unfinished
Acreage:
0.41
Est. Taxes:
$12,835
Lot Description:
City Lot
MLS #:
5086924