86-88 Central Avenue, Burlington, VT, 05401 | $899,000

Exceptional opportunity in Burlington’s sought-after Lakeside neighborhood, this well-maintained duplex offers flexibility, income potential, and an unbeatable location near Lake Champlain. Ideal for investors, owner-occupants, or families, the property features two bright and inviting units with spacious eat-in kitchens, comfortable living areas, sunny upstairs bedrooms, and efficient mini-split heating and cooling systems. Functional layouts and thoughtful updates make the home equally suited for rental income, multi-generational living, or owner occupancy. Set on a generous lot, the property includes a large backyard, detached two-car garage, and ample off-street parking—rare amenities this close to Burlington’s waterfront and downtown. The expansive yard offers space for entertaining, gardening, pets, or enjoying Vermont summers, while the clean basement provides additional storage and shared laundry access. Families will appreciate the neighborhood setting and nearby parks, while investors will recognize the consistent demand for housing in Burlington’s thriving South End and Lakeside communities. Enjoy the very best of Burlington living just minutes from the Burlington Bike Path, Oakledge Park, and the shores of Lake Champlain. Walk or bike to the Burlington Surf Club, local breweries, coffee shops, restaurants, and the vibrant Pine Street arts district. Downtown Burlington, UVM Medical Center, and area employers are all within easy reach, making this a convenient location for commuters, tenants, and remote workers alike. Whether you’re looking to offset your mortgage with rental income, expand your investment portfolio, or create a flexible living arrangement, this Lakeside duplex is a rare opportunity in one of Burlington’s most desirable neighborhoods.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full
  • Units: 2
  • Style: Duplex
  • Year Built: 1899
  • Garage: 2-car Garage
  • Heating: Natural Gas,Baseboard,Hot Water,Mini Split
  • Cooling: Mini Split
  • Basement: Unfinished
  • Approx Sq. Feet: 2,352
  • Acreage: 0.38
  • Est. Taxes: $13,337
  • Lot Desc: Neighborhood
  • Elem. School: Assigned
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • School District: Burlington School District
  • MLS#: 5087958
  • Website: https://www.raveis.com
    /prop/5087958/8688centralavenue_burlington_vt?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.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 5/27/2026
Listing courtesy of Flat Fee Real Estate   Phone: 802-318-0833
Listing Agent: Robert Foley

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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86-88 Central Avenue, Burlington, VT, 05401

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,111 $1,111 $1,111
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,027 $4,370 $6,021
Total Monthly Payment $5,230 $5,573 $7,224

* 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.