40 1/2 Convent Square

Burlington, VT 05401

$624,000
Price
6
Beds
1,642 Sq. Ft.
$380 / Sq. Ft.
1,642
Sq. Ft.
$380
per Sq. Ft.

Description

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 house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space,...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 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.
  1. Listed by The Conroy • KW Vermont • Phone: 802-999-8410
  2. Listed by Isaiah Donaldson • KW Vermont

Property Details for 40 1/2 Convent Square

Water View
No
Waterfront Property
No
Zoning
R3
LISTING UPDATED: 10/17/2025 03:07 PM

Property Details for 40 1/2 Convent Square

StatusActive
MLS #5047509
Days on Market109
Taxes$10,960 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1919
Lot Size0.15 AC / 6,534 SF
CountyChittenden County

Location

Listing Courtesy of KW Vermont
Add your commute

Building Information for 40 1/2 Convent Square

Stories2Residences3Year Built1919Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,997 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,083

Property Taxes

$913

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 1/2 Convent Square

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Directions: Headed North on North Avenue, turn right onto Convent Square, continue around the bend, property is on your left side. Sign on property. Park on the street.
  • Latitude: 44.488759628938197
  • Longitude: -73.224435372950495
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Square
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-13683
  • Tax Year: 2025
  • Tax Year Notes: 2024-2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Crushed Stone, Dirt, Gravel
Property
Lot Information
  • Lot Features: City Lot, Curbing, Interior Lot, Landscaped, Level, Other, Sidewalks, Street Lights, Trail/Near Trail, View, Walking Trails, Near Paths, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital, Near School(s)
  • Lot Size Acres: 0.15
  • Road Frontage Length: 32.0
  • Water Body Access: No
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: No
  • Planned Urban Developmt: No
  • PreConstruction: No
  • ROW to other Parcel: Unknown
  • Surveyed: Yes
  • Year Built: 1919
Utilities
  • Electric Company: Burlington Electric Dept
  • Fuel Company: Vermont Gas Systems
  • Electric: 100 Amp Service, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable at Site, Gas On-Site, Telephone at Site, Other
  • Total Gas Meters: 3
  • Total Electric Meters: 4
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Color: Blue/Grey
  • Construction Materials: Cellulose Insulation, Other, Wood Frame, Clapboard Exterior, Combination Exterior, Vinyl Exterior, Vinyl Siding
  • Roof: Asphalt Shingle, Slate
  • Total Ranges: 3
Interior Features
  • Appliances: Owned Water Heater, Separate Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Dirt Floor, Finished, Full, Other, Partially Finished, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Interior Access, Exterior Access
  • Total Full Baths: 3
  • Flooring: Combination, Laminate, Manufactured, Tile, Wood, Vinyl Plank
  • Heating: Natural Gas, Vented Gas Heater, Space Heater
  • Cooling: None
  • Total Refrigerators: 3
  • Total Rooms Above Ground: 12
  • Total Stories: 2
  • Total Water Heaters: 3
  • Trash: Cans, Curbside, Municipal, Owner, Recycle
Multi Family
Income & Expenses Information
  • Gross Income: $64,620.00
  • Net Income: $49,588.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Trash, Water/Sewer
  • Operating Expense: $15,032
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Style: First Floor - Flat
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 5
  • Unit 1 Rental Amount: $2,080.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
  • Unit 1 Info: Appliances Included, CO Detector, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Style: Second Floor - Flat
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,513.50
  • Unit 2 Info: Appliances Included, CO Detector, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 3
  • Unit 3 Level Number: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Style: 40 1/2 Convent
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,791.00
  • Unit 3 Info: Appliances Included, CO Detector, Deck, Electric, Natural Gas Heat, Hot Water, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Rental
Rent Information
  • Total Leases: 3

Property History for 40 1/2 Convent Square

DateEvent & SourcePriceAppreciation
Jun 19, 2025

Listed (Active)

New England Real Estate Network #5047509

$624,000—
DateEvent & SourcePrice
06/19/2025

Listed (Active)

New England Real Estate Network #5047509

$624,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40 1/2 Convent Square

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Sustainability Academy At Lawrence Barnes
Public - PK to 5
Lyman C. Hunt Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Sustainability Academy At Lawrence Barnes
PublicPK to 5

Lyman C. Hunt Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40 1/2 Convent Square, Burlington, VT 05401

40 1/2 Convent Square is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on June 19, 2025 by KW Vermont, it's currently listed at $624,000. This listing's school district is Burlington School District. Nearby schools include Sustainability Academy At Lawrence Barnes, Lyman C. Hunt Middle School and Burlington Senior High School. 40 1/2 Convent Square is a 6-bed, 3-bath, 1,642 sqft multi-family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vermont

Copyright 2025 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/11/2025 12:13 PM