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Property view

38-40 Monroe Street, 
Burlington, VT 05401

$820,000


Bed


Bath


2,910

Sq Ft


Multi-Family

Sold

802-863-1500

MLS#

4961401

Source:

PrimeMLS

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About This Home

38-40 Monroe Street

Located just a few blocks from Church Street, this Queen Anne style 4-unit property "commands an excellent corner location" on Monroe Street, to quote Burlington historical records. This property has been maintained by the same family for decades and is ready for new owners to take over this great investment opportunity. Inside you'll find much of the vintage charm remains. Original wood trim and built-ins with updates mixed in, including newer wood windows, custom showers, updated plumbing, and major insulation improvements. With projected rents and many deferred maintenance projects already completed by the seller, this is a great opportunity to invest in a quality property. The entire first floor is a 2-bedroom unit, which could be a great option for owner-occupying. The second floor houses a 1-bedroom apartment as well as a studio, and the final 1-bedroom apartment sits on the third floor. A large clean basement provides tons of storage space along with laundry hook-ups. There is also a large 2-bay outbuilding in front of the 4 off-street parking spaces. Move in and have the majority of your mortgage covered, or rent it out with the tenants of your choice and add this great property to your portfolio. Located just a couple blocks from the Burlington Waterfront, Battery Park, and of course popular Church Street.

Home Facts

Multi-Family

Built in 1899

Price Summary

820,000

$281 per Sq. Ft.

MLS #:

4961401

Sold:

November 14, 2023


Rooms & Interior

Interior

Living Area:

2,910 Sq. Ft.


Structure

Structure

Architectural Style:

Historic Vintage, Multi-Family

Year Built:

1899


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$820,000

Price per Sq. Ft:

$281 per Sq. Ft.

38-40 Monroe Street
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Copyright 2025 Prime MLS, Inc. All rights reserved. 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 8, 2025