299 Manhattan Dr, Burlington, VT 05408

$675,000
2,410
SqFt

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Listing courtesy of Kurt Schueler from Four Seasons Sotheby's Int'l Realty. ()

List Price
$675,000
Status
ACTIVE
MLS#
5080551
Living Area
2,410
Lot Size
6,098
Acres
0.14
Year Built
1920

Property Description

Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlington’s desirable Manhattan Drive location. The property features two well-designed units, each with 2 bedrooms and 1 full bath, plus a bonus study in the lower unit that can function as a third bedroom, office, or guest space. The home has been thoughtfully updated with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry on both levels. Major improvements completed in 2022 include upgraded electrical, plumbing, and heating systems for code compliance, a standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, paving, and participation in the Vermont Gas weatherization program. The flexible layout is ideal for an owner-occupant seeking to offset expenses with rental income, or for a buyer looking for a hybrid long-term / short-term rental opportunity. The upper unit is leased at $2,700/month, while the lower unit has a strong short-term rental history. Additional features include gas heat, a lower-level heat pump for supplemental heating and cooling, all new appliances, a fully installed EV charger, 3 off-street parking spaces, full basement, and a large fenced yard perfect for pets, entertaining, or outdoor enjoyment. Located close to downtown Burlington, the waterfront, Church Street, and local amenities, this move-in ready duplex also offers future upside with attic bonus/potential expansion possibilities subject to buyer due diligence and approvals. A rare opportunity to own a renovated, income-producing property in one of Burlington’s most convenient neighborhoods. This property has been successfully utilized as a short-term rental. Buyers should verify compliance with all City of Burlington short-term rental regulations, including potential owner-occupancy requirements.

Additional Information

Taxes
$11,384
Listing Agent
Kurt Schueler
Listing Office
Four Seasons Sotheby's Int'l Realty
Style
Duplex, Farmhouse
School District
Burlington School District
Elementary School
Integrated Arts Academy
Middle School
Edmunds Middle School
High School
Burlington High School
Exterior Features
Partial Fence, Garden, Natural Shade
Electric
Service - 201 to 600 Amps, Circuit Breakers
Utilities
Cable Available, Underground Utilities
Basement
Concrete, Concrete, Insulated, Unfinished, Basement Stairs
Foundation
Block, Concrete
Sewer
Public Sewer
Roof
Metal
Zoning
Residential
Water
Public

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Calculator source: Real Geeks

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