299 Manhattan Drive, Burlington, Vermont

299 Manhattan Drive

299 Manhattan Drive, Burlington, VT

  • CA$851,648

    299 Manhattan Drive

    299 Manhattan Drive, Burlington, VT

    • CA$851,648

      Key Facts

      • MLS® #: 5080551
      • Property ID: SIRC3207163
      • Original Price: USD 675,000
      • Property Type: Residential, Multi-Family Home
      • Year Built: 1920

      Property Description

      Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlingtons 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 Burlingtons 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.

      Amenities

      • Breakfast Bar
      • Privacy Fence
      • University/College
      • Wood Fence
      • Wraparound Deck

      Listing Agents

      • Kurt Schueler

        C. 8023160772

        O. 8023160772

      • Kathy O'Brien

        C. 8023439433

        O. 8023439433

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      Location

      299 Manhattan Drive, Burlington, Vermont, 05408 United States

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      Marketed By

      Four Seasons Sotheby's International Realty
      550 Hinesburg Road
      South Burlington, Vermont, 05403
      United States

      8028640541

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