42 Elmwood AVE Active Save Request In-Person Tour Request Virtual Tour
Burlington,VT 05401
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,695 sqft
Price per Sqft $296
MLS Listing ID 5058884
Bedrooms 4
Full Baths 3
Construction Status Existing
Year Built 1810
Annual Tax Amount $9,421
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Prime Burlington Investment with Built-In Income Potential! Don't miss this rare opportunity to own a charming Victorian-style triplex in the heart of Burlington. With three well-maintained rental units and a proven rental history, this property offers immediate cash flow plus long-term value. Extensive 2025 upgrades include new exterior siding & trim, fresh paint, energy-efficient windows, and new furnace. The studio unit comes fully furnished, with history as a short-term rental and mid-term rental--perfect for a turnkey Furnished Finder or Airbnb. Whether you choose to live in the studio yourself and enjoy passive income from the larger apartments, or rent out all three, you'll benefit from flexible living arrangements and strong rental income. High-quality features like hardwood oak flooring, cast iron tubs, tiled bathrooms, built-in shelving, and an insulated garage enhance the property's appeal, while adding everyday convenience for tenants and owners alike. Located just steps from Church St, Burlington--and minutes from the UVM campus and hospital--this property combines historic character, income stability, and unbeatable location in one outstanding package. Also listed as a single family home in MLS #5064262.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning Residential
Rooms
Basement Entrance Interior
Basement Other
Interior
Cooling Central AC,Mini Split
Flooring Hardwood,Tile,Vinyl
Exterior
Garage Spaces 1.0
Utilities Available Cable Available
Roof Type Slate
Building
Story 2
Sewer Public
Architectural Style Victorian
Construction Status Existing
Schools
Elementary Schools Edmunds Elementary School
Middle Schools Edmunds Middle School
High Schools Burlington High School
School District Burlington School District