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Seize this exceptional investment opportunity at 227-229 Intervale Avenue in Burlington's O. N. E. ! A well maintained triplex property offering robust income potential and a desirable location. This triplex provides three distinct, self-contained living units, ensuring diversified income streams and flexibility. Each unit offers comfortable living spaces, spacious kitchens and bathrooms, catering to all various tenant needs. While specific unit layouts vary, the consistent demand for rental housing in this area underscores its investment strength. The property features well-maintained grounds, providing outdoor space for residents. Whether it's a shared yard for relaxation, gardening, activities, individual access points, etc. the exterior contributes to the overall appeal and functionality of this income-producing asset. Also offering off street parking. Intervale Avenue boasts a fantastic location, offering residents a balanced lifestyle with convenience to Burlington's best. Enjoy easy access to the vibrant downtown area, filled with diverse shops, acclaimed restaurants, and cultural hot spots. The scenic Lake Champlain waterfront, with its recreational pathways and stunning views nearby. Proximity to local restaurants, shops, UVVMC, local parks, and much more! This isn't just a building; it's a strategic long-term investment in Burlington's thriving real estate market. Don't miss your chance to add 227-229 Intervale Ave. to your portfolio. Showings start Monday 06/23/2025!
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 12/9/2025Our 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.
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Our Executive Mortgage Banker:
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$914,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $731,200 | $731,200 | $731,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.294% | 6.133% | 6.058% |
| Monthly Tax Payment | $1,295 | $1,295 | $1,295 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,038 | $4,384 | $6,121 |
| Total Monthly Payment | $5,425 | $5,771 | $7,508 |
* 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.