Views - Eco Friendly
Address
56 Wright Avenue, Burlington, VT
Price
$ 1,150,000
Property Attributes
- MLS#5083392
- TypeMulti-Family
- Listing Status Active
- CountyCHITTENDEN
- CityBurlington
- AreaChittenden
- NeighborhoodLake Champlain
- Zip05401
- Style
- Year Built1935
- Price$ 1,150,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1066
- Lot Size0.14 Acres
Data Source:
PrimeMLS
Property Description
Incredible opportunity to own a beautifully updated 3-unit property in Burlington’s highly desirable South End, offering stunning views of Lake Champlain from each apartment. This well-maintained building features three one-bedroom units, each thoughtfully upgraded with quality finishes and modern systems. Recent improvements include all new windows, Therma Tru exterior doors, and new flooring throughout. The bathrooms have been tastefully updated with tiled showers, and the property benefits from a new electrical service, upgraded plumbing, and an on-demand hot water system (2026). Additional highlights include energy-efficient mini-split systems, professional insulation for year-round comfort, and newly constructed covered porches with durable Trex decking perfect for taking in the lake views. Ideally located, this property offers easy access to the Burlington Bike Path, University of Vermont Medical Center, and the vibrant Church Street Marketplace. Enjoy close proximity to the Burlington waterfront, along with an array of local shops, restaurants, and all that downtown Burlington has to offer.A rare opportunity to own a turnkey multi-family property in one of Burlington’s most sought-after neighborhoods.
| Elementary School | Middle School | High School |
|---|---|---|
| Champlain Elementary School | Edmunds Middle School | Burlington High School |
| Price History | |
|---|---|
| 4/14/2026 | Listed $1,800,000 |
| 5/19/2026 | 17$1,500,000 |
| 5/26/2026 | 24$1,150,000 |
General Features
| Road Frontage | Yes |
|---|---|
| Sewer | Public |
| Heating | Baseboard,Mini Split |
| Cooling | Mini Split |
| Utilities | Other |
| Possession | At Closing |
| Roof | Asphalt Shingle |
| Garage | No |
| Flood Zone | No |
| Zoning | Res Med density |
| Unit 3 Level Number | 56C |
| Unit 2 Level Number | 56B |
| Unit 1 Level Number | 56A |
| Operating Expense | 18000 |
| Year Built | 1935 |
| Electric | Circuit Breaker(s) |
| Style | Other |
| Stories Count | 1.75 |
| Net Income | 51000 |
| Property Condition | Existing |
| Tax Year | 2025 |
| Gross Income | 69000 |
| Fuel Company | VT Gas |
| Electric Company | Burl Elec |
| Covenants | Unknown |
| Construction Materials | Wood Frame |
| High School | Burlington High School |
| City | Burlington |
| Property Class | Multi-Family |
| Seasonal | No |
| Elementary School | Champlain Elementary School |
| Middle School | Edmunds Middle School |
| Total Heat Units | 3 |
| DOM | 158 |
| Price Per Sq Ft Total AG | 1078.8 |
| Last Updated | 07/08/2026 19:03:59 |
Interior Features
| Basement Description | Concrete |
|---|---|
| Basement | Yes |
| Unit 2 Rooms | 3 |
| Unit 1 Rooms | 3 |
| Unit 3 Rooms | 3 |
| Flooring | Carpet,Laminate,Vinyl |
| Total Number of Units | 3 |
| Unit 1 Bedrooms | 1 |
| Unit 3 Bedrooms | 1 |
| Unit 2 Bedrooms | 1 |
| Total Full Baths | 3 |
| Total Ranges | 3 |
| Total Refrigerators | 3 |
| Internet | Cable Internet |
| Total Finished Area | 1066 |
| Total 1 BR Units | 3 |
| Basement Access Type | Interior |
Exterior Features
| Lot Features | City Lot,Level,View |
|---|---|
| Exterior Amenities | Deck |
| Driveway | Paved |
| Water View | Yes |
| Lot Size Area | 0.14 |
| Water Source | Public |
| Parking Features | Driveway,Off-Site |
| Unit 1 Style | flat |
| Unit 2 Style | Flat |
| Unit 3 Style | Flat |
| Water Body Name | Lake Champlain |
| Foundation | Block,Concrete |
| Total Electric Meters | 3 |
| Total Gas Meters | 3 |
| Color | Yellow |
| Road Frontage Length | 90 |
| Road Frontage Type | Public |
| Surveyed | Unknown |
| Water Body Type | Lake |
| Lot Size Square Feet | 6098 |
| Water Body Access | Yes |
| Water Access Details | Beach Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 05401
Statistics provided by Inside Real Estate
Price
Year Built
Visits
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consumers may be interested in purchasing. Data last updated September 22, 2026 8:54 AM UTC
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.
