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244 North Street, Burlington, VT, 05401 | $500,000
As the 2nd owner, this Seller’s family has owned this unit for nearly 80 years! Though they are sad to see it go, they are excited for its new owners. With this super convenient location an investor will have no problem finding tenants. Owner occupy one unit and rent the other to help pay your mortgage. Just blocks from Burlington’s famous Church Street Marketplace, bustling Lake Champlain Waterfront, and the Bike Path, there's plenty to do without even getting in the car. On the main floor you will find the larger of the two units, Unit 1, with a cheery kitchen, large common area with flexible dining and living space, updated 3/4 bathroom, and 3 bedrooms. Unit 1 also has basement access for storage, washer/dryer included, and some beautiful hardwood floors. Upstairs, Unit 2, has open dining and living space, 1 bedroom, and full bath. Additionally, Unit 2 has a covered stairwell at the front of the building and covered porch at the rear - great for gear storage. Basement is full footprint with lots of space for dry storage and bulkhead for easy access. This lot is oversized for the city and has lots of parking spaces (6), shed, and green space for gardening, lounging, grilling, etc. Nearby restaurants and shop include: Momo’s Market, Shopping Bag, Pho Hong, May Day, Poppy Cafe, and Henry Street Deli. 1 hour to Smugglers Notch, under 2 hours to Montreal, 3. 5 hours to Boston. Showings begin Friday 5/9. OPEN HOUSE SATURDAY 5/10, 11am-1pm!
Features
- Rooms: 9
- Bedrooms: 4
- Baths: 1 full
- Units: 2
- Style: Duplex
- Year Built: 1899
- Heating: Natural Gas
- Cooling: None
- Basement: Dirt,Full,Storage Space,Unfinished,Interior Access,Stairs - Basement
- Approx Sq. Feet: 2,060
- Acreage: 0.14
- Est. Taxes: $7,302
- Lot Desc: City Lot,Curbing,Level,Sidewalks,Street Lights,In Town,Near Paths,Near Public Transportatn,Near Hospital,Near School(s)
- Elem. School: Assigned
- Middle School: Edmunds Middle School
- High School: Burlington High School
- School District: Burlington School District
- MLS#: 5039402
- Website: https://www.raveis.com
/prop/5039402/244northstreet_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 5/8/2025Listing courtesy of Coldwell Banker Hickok and Boardman Phone: 802-863-1500
Listing Agent: The Quinlan Group
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
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244 North Street, Burlington, VT, 05401
$500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
| Monthly Tax Payment | $609 | $609 | $609 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,348 |
| Total Monthly Payment | $3,195 | $3,328 | $4,048 |
* 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