- – beds
- – baths
- 3,887 sqft
- 9,583 sqft lot
- $199 per sqft
- 2008 build
- – on site
Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!
Last checked:
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Last updated Jun 19, 2025
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MLS# 5047515 —
The Building
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Year Built:2008
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Insulation-Cellulose, Wood Frame, Clapboard Exterior, Vinyl Exterior, Vinyl Siding
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Architectural Style:Multi-Family
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Roof:Shingle - Asphalt, Slate
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Foundation:Brick, Poured Concrete, Stone
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Total Stories:2
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Total Units:4
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Approx SqFt Total:5462
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Approx SqFt Total Finished:3,887 Sqft
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Approx SqFt Finished Above Grade:3,887 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:727
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Approx SqFt Unfinished Above Grade Source:Assessor
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Approx SqFt Unfinished Below Grade:848
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Approx SqFt Finished Building Source:Assessor
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Approx SqFt Unfinished Building Source:Assessor
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Approx SqFt Finished Above Grade Source:Assessor
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Road Frontage Type:Paved, Public, Public Maintained Road
Interior
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Flooring:Combination, Concrete, Hardwood, Tile, Vinyl, Wood
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Basement:Yes
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Basement Description:Concrete, Full, Stairs - Interior, Unfinished
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Basement Access Type:Interior
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Room 5 Type:Leased
Room Dimensions
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Room 16 Dimensions:Single Family House
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Room 18 Dimensions:First & Lower Level Apt.
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Room 19 Dimensions:First & Lower Level Apt.
Location
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Directions:Heading East on Manhattan Drive, turn right onto Spring Street, continue past Dewey Park, turn left onto Walnut Street, property is on the left. Sign on property. Park on the street.
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Latitude:44.488767692359602
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Longitude:-73.213487017196698
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:City Lot, Curbing, Interior Lot, Landscaped, Level, Other, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails, Near Paths, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital, Near School(s)
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Lot SqFt:9,583 Sqft
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Lot Acres:0 Sqft
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Zoning:R4
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Exterior Features:Balcony, Deck, Fence - Full, Garden Space, Natural Shade, Other, Porch, Storage, Window Screens, Windows - Double Pane, Windows - Energy Star
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:58 Sqft
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Waterview:No
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Waterfront:No
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Water Body Access:No
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ROW - Parcel AccessUnknown
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ROW to other ParcelUnknown
Listing Agent
- Contact info:
- Office phone:
- (802) 654-8500
Taxes
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Tax Year:2024-2025
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Tax Year:2025
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Taxes TBD:No
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Tax - Gross Amount:$17,584.64
Beds
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Bedrooms - Level 4:3
Baths
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Total Full Baths:5
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Three Quarter Baths:5
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Half Baths Size:14 Sqft
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:199.13
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Natural Gas, Gas Heater - Vented, Space Heater, Wall Units
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Total Heat Units:4
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Cooling:Whole House Fan
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Total Water Heaters:4
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Fuel Company:Vermont Gas Systems
Utilities
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Utilities:Cable - At Site, Gas - On-Site, Telephone At Site, Other
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Separate Utilities:Yes
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Sewer:Public
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Electric:100 Amp, Circuit Breaker(s), On-Site
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Water Source:Public
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Total Gas Meters:4
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Total Electric Meters:5
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Trash:Cans, Curbside, Municipal, Owner, Recycle
Appliances
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Appliances:Water Heater – Owned, Water Heater – Separate
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Total Refrigerators:4
Schools
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Elementary School:Integrated Arts Academy
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Middle Or Junior School:Edmunds Middle School
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High School:Burlington High School
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School District:Burlington School District
The Community
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Planned Urban Development:No
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Covenants:Unknown
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Easements:Unknown
Parking
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Parking:Driveway, Off Street, On-Site, Parking Spaces 6+, Paved
Extra Units
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Unit 1 Rooms:3
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Unit 1 Bedrooms:1
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Unit 1 Approx SqFt:864 Sqft
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Unit 2 Bedrooms:1
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Unit 2 Approx SqFt:864
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Total 3+ BR Units:1
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Unit 3 Style:Second Floor - Flat
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Unit 3 Rooms:3
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Unit 3 Bedrooms:1
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Unit 3 Baths:1
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Unit 3 Approx SqFt:864 Sqft
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Unit 4 Bedrooms:3
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Unit 4 Baths:2
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Unit 1 Info:Appliances Included, CO Detector, Deck, Dishwasher, Electric, Heat - Natural Gas, Hot Water, Kitchen Island, Other, Range - Gas, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
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Unit 2 Info:Appliances Included, CO Detector, Deck, Dishwasher, Electric, Heat - Natural Gas, Hot Water, Kitchen Island, Other, Range - Gas, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
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Unit 3 Info:Appliances Included, CO Detector, Deck, Dishwasher, Electric, Heat - Natural Gas, Hot Water, Kitchen Island, Other, Range - Gas, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
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Unit 4 Info:Appliances Included, CO Detector, Electric, Heat - Natural Gas, Hot Water, Other, Porch, Range - Gas, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/19/25
Jun 19, 2025
|
Listed / Active | PRIME_MLS | $774,000 |