40-40 1/2 Convent Square
Burlington, VT 05401
Square Ft.
1,642
$624,000
Discover this unrivaled 3-Unit Gem at 40-40 1/2 Convent Square, a true find in Burlington's O.N.E.! This unique offering combines a charming duplex and a separate single-family home on one expansive lot, presenting an unparalleled investment. This property offers immense versatility: generate significant rental income from three independent units, comfortably… Read More house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space, ensuring privacy and appeal for residents. Expect functional layouts, comfortable rooms, and ample natural light across all residences. The generous lot provides ample outdoor space for all occupants. Whether it's individual patios, shared green areas, or room for gardening, the exterior adds significant value and enjoyment to this exceptional property. Convent Square is a highly coveted location, placing residents at the epicenter of Burlington's finest amenities. Enjoy effortless access to Lake Champlain's breathtaking waterfront – perfect for strolls, biking, and scenic views. Downtown Burlington's vibrant array of shops, restaurants, and local hotspots are just moments away, promising endless entertainment. This isn't just a property; it's a strategic acquisition in Burlington's robust real estate market. Demand for multi-unit properties in this location remains consistently high, making 40-40 1/2 Convent Square an incredibly smart investment. Showings start Monday 09/23/2025! Read Less
Courtesy of The Conroy Group, KW Vermont Phone: 802-999-8410
Listing Snapshot
Days Online
29
Last Updated
Square Ft.
1,642
Lot Size
0.15 Acres
Year Built
1919
MLS Number
5047509
Additional Details
Unit One
1 bathroom, 788 sqft, 3 bedrooms, Lease Term: Annual, Rental Amount: 2080, Rental Amt Freq: Monthly, Rooms: 5, Status: Leased, Style: First Floor - Flat, Appliances Included, CO Detector, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater, Tenant pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Interior, Basement: Yes, Concrete, Concrete Floor, Dirt Floor, Finished, Full, Other, Partially Finished, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Interior Access, Exterior Access
Cooling
None
Floors
Combination, Laminate, Manufactured, Tile, Wood, Vinyl Plank
Garage
Garage: No
Heating
Natural Gas, Vented Gas Heater, Space Heater
Income
Gross Income: 64620, Net Income: 49588
Lot
0.15 acres, 6,534 sqft
Parking
Driveway: Crushed Stone, Dirt, Gravel
Property
Seasonal: No, 1,642 finished sqft above grade, 1,642 total finished sqft, 3,586 total sqft, 670 unfinished sqft above grade, 1,274 unfinished sqft below grade, 1 one-bedroom unit, 1 two-bedroom unit, 1 three-bedroom unit, 2 stories, 3 units, Built in 1919
Roof
Asphalt Shingle, Slate
Sewer
Public
Taxes
Gross Amount: $10,960, Tax Year: 2024-2025
Unit Two
456 sqft, 1 bathroom, 2 bedrooms, Rental Amount: 1513.5, Rental Amt Freq: Monthly, Rooms: 4, Status: Leased, Style: Second Floor - Flat, Appliances Included, CO Detector, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater, Tenant pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Unit Three
486 sqft, 1 bathroom, 1 bedroom, Rental Amount: 1791, Rental Amt Freq: Monthly, Rooms: 3, Status: Leased, Style: 40 1/2 Convent, Appliances Included, CO Detector, Deck, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater, Tenant pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Utilities
Electric Company: Burlington Electric Dept, Separate Utilities: Yes, Total Electric Meters: 4, Total Gas Meters: 3, 100 Amp Service, Circuit Breaker(s), Cans, Curbside, Municipal, Owner, Recycle
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