53-55 Walnut St

Burlington, VT 05401

$774,000
Price
6
Beds
3,887 Sq. Ft.
$199 / Sq. Ft.
3,887
Sq. Ft.
$199
per Sq. Ft.

Description

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...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!
  1. Listed by The Conroy • KW Vermont • Phone: 802-999-8410
  2. Listed by Isaiah Donaldson • KW Vermont

Property Details for 53-55 Walnut Street

Water View
No
Waterfront Property
No
Zoning
R4
LISTING UPDATED: 07/21/2025 06:53 PM

Property Details for 53-55 Walnut Street

StatusActive
MLS #5047515
Days on Market177
Taxes$17,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2008
Lot Size0.22 AC / 9,583 SF
CountyChittenden County

Location

Listing Courtesy of KW Vermont
Add your commute

Building Information for 53-55 Walnut Street

Stories2Residences4Year Built2008Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$5,290 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,825

Property Taxes

$1,465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 53-55 Walnut Street

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • 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.
  • Latitude: 44.488767692359602
  • Longitude: -73.213487017196698
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-13902
  • Tax Year: 2025
  • Tax Year Notes: 2024-2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • 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)
  • Lot Size Acres: 0.22
  • Road Frontage Length: 58.0
  • 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: 2008
Utilities
  • Electric Company: Burlington Electric Dept
  • Fuel Company: Vermont Gas Systems
  • Electric: 100 Amp Service, Circuit Breaker(s), On-Site
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable at Site, Gas On-Site, Telephone at Site, Other
  • Total Gas Meters: 4
  • Total Electric Meters: 5
  • Separate Utilities: Yes
  • Internet: High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Color: Turq/Yello
  • Construction Materials: Cellulose Insulation, Wood Frame, Clapboard Exterior, Vinyl Exterior, Vinyl Siding
  • Roof: Asphalt Shingle, Slate
  • Total Ranges: 4
Interior Features
  • Appliances: Owned Water Heater, Separate Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Interior Stairs, Unfinished
  • Total Full Baths: 5
  • Flooring: Combination, Concrete, Hardwood, Tile, Vinyl, Wood
  • Heating: Natural Gas, Vented Gas Heater, Space Heater, Wall Units
  • Cooling: Whole House Fan
  • Total Refrigerators: 4
  • Total Rooms Above Ground: 14
  • Total Stories: 2
  • Total Water Heaters: 4
  • Trash: Cans, Curbside, Municipal, Owner, Recycle
Multi Family
Income & Expenses Information
  • Gross Income: $77,076.00
  • Net Income: $53,092.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Trash, Water/Sewer
  • Operating Expense: $23,984
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 3
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1
  • Total Heat Units: 4
Unit Information
Unit 1
  • Unit 1 Style: First & Lower Level Apt.
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $1,359.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
  • Unit 1 Info: Appliances Included, CO Detector, Deck, Dishwasher, Electric, Natural Gas Heat, Hot Water, Kitchen Island, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Style: First & Lower Level Apt.
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,379.00
  • Unit 2 Info: Appliances Included, CO Detector, Deck, Dishwasher, Electric, Natural Gas Heat, Hot Water, Kitchen Island, 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: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Style: Second Floor - Flat
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,359.00
  • Unit 3 Info: Appliances Included, CO Detector, Deck, Dishwasher, Electric, Natural Gas Heat, Hot Water, Kitchen Island, Other, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 1 & 2
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: Single Family House
  • Unit 4 Rooms: 5
  • Unit 4 Baths: 2
  • Unit 4 Bedrooms: 3
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $2,326.00
  • Unit 4 Info: Appliances Included, CO Detector, Electric, Natural Gas Heat, Hot Water, Other, Porch, Gas Range, Refrigerator, Separate, Smoke Detector, Storage, Water Heater
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Other, TV Service
Rental
Rent Information
  • Total Leases: 4

Property History for 53-55 Walnut Street

DateEvent & SourcePriceAppreciation
Jun 19, 2025

Listed (Active)

New England Real Estate Network #5047515

$774,000—
DateEvent & SourcePrice
06/19/2025

Listed (Active)

New England Real Estate Network #5047515

$774,000

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

Public Records for 53-55 Walnut Street

Taxable ValueLand$346,100Additions$381,500Total$727,600
Tax Record2022$15,374 ($1,281 / month)
Home Facts
Lot Size9,583 SqFtStyleMulti-Family Dwelling (2-4)ZoningRMCountyCHITTENDENAPN(035) 039-4-098-000

Schools near 53-55 Walnut Street

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Integrated Arts Academy At H. O. Wheeler
Public - PK to 5
Edmunds Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Integrated Arts Academy At H. O. Wheeler
PublicPK to 5

Edmunds 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 53-55 Walnut Street, Burlington, VT 05401

53-55 Walnut Street 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 $774,000. This listing's school district is Burlington School District. Nearby schools include Integrated Arts Academy At H. O. Wheeler, Edmunds Middle School and Burlington Senior High School. 53-55 Walnut Street is a 6-bed, 5-bath, 3,887 sqft multi-family home built in 2008.

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 12/13/2025 02:23 PM