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Presented by
Heather Ferrari Homes |
317 North Winooski Avenue, Burlington, VT, 05401 | $584,000
A prime opportunity at 317 North Winooski Avenue, ideally located in Burlington's desirable O. N. E. This triplex property offers robust income potential and a highly versatile unit mix, appealing to a broad tenant base. Offering two efficient 1-bedroom units and a spacious 4-bedroom unit. Adding to its strength, the property falls under NMU zoning, allowing for future flexibility and potential value growth beyond residential use, subject to city approvals. Whether you're a seasoned investor or new to game, this property delivers stability and massive potential. The property offers practical outdoor space, ample off street parking, gardening space, etc. enhancing resident appeal. Fantastic location, providing residents unparalleled access to the vibrant downtown core, Lake Champlain waterfront, recreational paths, UVMMC, local parks, and so many more essential amenities. Excellent public transportation enhances its convenience appeal. This isn't just a building; it's a strategic long-term investment in Burlington's competitive multi-family housing market. Triplexes with varied, high-demand unit sizes are highly sought after for superior cash flow potential and adaptability. Don't miss this outstanding chance to acquire a solid triplex in a prime Burlington neighborhood. 317 North Winooski Avenue offers a compelling blend of stability, potential, and an unbeatable location. Unlock the immense possibilities this property holds! Showing start Monday 06/23/2025!
Features
- Rooms: 12
- Bedrooms: 6
- Baths: 3 full
- Units: 3
- Style: Multi-Family
- Year Built: 1899
- Garage: 1-car Garage
- Heating: Natural Gas,Vented Gas Heater,Space Heater,Wall Units
- Cooling: None
- Basement: Concrete,Full,Other,Exterior Stairs,Storage Space,Unfinished,Exterior Access
- Approx Sq. Feet: 1,817
- Acreage: 0.12
- Est. Taxes: $12,062
- Lot Desc: City Lot,Curbing,Interior Lot,Neighbor Business,Sidewalks,Street Lights,Trail/Near Trail,Near Paths,Near Shopping,Near Public Transportatn,Near Hospital,Near School(s)
- Elem. School: Integrated Arts Academy
- Middle School: Edmunds Middle School
- High School: Burlington High School
- School District: Burlington School District
- MLS#: 5047505
- Website: https://www.raveis.com
/prop/5047505/317northwinooskiavenue_burlington_vt?source=qrflyer
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 PrimMLS. 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. Data last updated 3/4/2026
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Heather Ferrari HomesSales Associates
917.609.5557
HeatherFerrariHomes@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Andrew van DykVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 23716
781.490.5670
Andrew.vanDyk@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
317 North Winooski Avenue, Burlington, VT, 05401
$584,000
Heather Ferrari Homes
Sales Associates
William Raveis Real Estate
Phone: 917.609.5557
HeatherFerrariHomes@raveis.com
Andrew van Dyk
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $467,200 | $467,200 | $467,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $1,005 | $1,005 | $1,005 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,653 | $2,798 | $3,786 |
| Total Monthly Payment | $3,750 | $3,895 | $4,883 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484