7 Monroe Street

Closed 10/8/24
Closed 10/8/24
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Sold
Last Sold Price
$455,000
2 beds1,216 sqft
7 Monroe St, Burlington, VT 05401
Multi FamilyProperty Type
0.04 acresLot Size
1920Year Built
$374/sq ftPrice per sq ft

Description

This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and...This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and separate utilities. Additional perks include storage in the basement, some off-street parking, and resident-only street parking. Enjoy easy access to a corner convenience store, the police station, city parks, and the Church Street Marketplace. Whether you're looking to occupy one unit while renting out the other, or seeking a solid investment opportunity, this duplex is ideal!

    Sold By Coldwell Banker Hickok and Boardman

    • Listed by: Lipkin Audette Team • Coldwell Banker Hickok and Boardman
    Listing closed: 10/08/2024 12:00 AM • Source: New England Real Estate Network, MLS#: 5008557

    Recent comparable sales

    Median sold price

    $460,000

    Avg days on market

    51

    Sale-to-list ratio

    99.0%

    Burlington, VT

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    $3,017 per month

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    Principal and Interest

    $2,351

    Property Taxes

    $666

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    Property Information for 7 Monroe Street

    Property Details
    • Taxes: $7,990 / year
    • MLS Type: Multi Family
    • County: Chittenden County
    • Water View: No
    • Waterfront Property: No
    • Zoning: RH
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1920
    • Lot Size: 0.04 AC / 1,742 SF
    Summary
    Location and General Information
    • City: Burlington
    • County: VT-Chittenden
    • Directions: North on Battery St, right onto Monroe St (across from Battery Park, after Pearl). Blue house on right. To park on Monroe St, you need a parking pass, one will be located as you enter the front door, on the stairs. Please remember to put it back. If multiple cars, park around corner or at park.
    • Latitude: 44.481198345187110
    • Longitude: -73.218712000000011
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05401
    Taxes and HOA Information
    • SPAN Number: 114-035-14991
    • Tax Year: 2024
    • Tax Year Notes: 2024-2025
    • Taxes TBD: No
    School Information
    • School - High: Burlington High School
    • School - District: Burlington School District
    • School - Elementary: Assigned
    • School - Middle/Jr: Assigned
    Parking
    • Garage: No
    • Driveway: Dirt
    Property
    Lot Information
    • Lot - Sqft: 1742.0
    • Lot Features: City Lot
    • Lot Size Acres: 0.04
    • Road Frontage Length: 35.0
    • Square Feet Apx Finished Above Grade: 1216.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 1810.0
    • Square Feet Apx Total Finished: 1216.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 594.0
    • Square Feet Apx Unfinished BG Source: Public Records
    • Water Body Access: No
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Easements: Unknown
    • Flood Zone: Unknown
    • Foundation: Brick, Concrete
    • PreConstruction: No
    • ROW to other Parcel: No
    • Surveyed: Unknown
    • Year Built: 1920
    Utilities
    • Electric Company: Burlington Electric
    • Cable Company: Comcast
    • Fuel Company: VT Gas
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public
    • Utilities: Cable - Available
    • Total Gas Meters: 2
    • Total Electric Meters: 2
    • Separate Utilities: Yes
    • Internet: High Speed Intrnt -AtSite
    Interior and Exterior Features
    Exterior Features
    • Color: Blue
    • Construction Materials: Wood Frame, Vinyl Siding
    • Features - Exterior: Fence - Partial, Porch - Covered
    • Roads: Paved, Public
    • Roof: Metal, Standing Seam
    • Total Ranges: 2
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Stairs - Interior, Storage - Assigned, Storage - Locked, Unfinished
    • Total Full Baths: 2
    • Flooring: Carpet, Laminate, Vinyl Plank
    • Heat Fuel: Gas - Natural
    • Heating: Forced Air, Gas Heater - Vented
    • Cooling: None
    • Total Refrigerators: 2
    • Total Rooms Above Ground: 7
    • Total Stories: 2
    • Total Water Heaters: 2
    • Trash: Curbside, Private
    Multi Family
    Income & Expenses Information
    • Gross Income: $41,400.00
    • Net Income: $29,308.00
    • Operating Expense Incl: Insurance, Maintenance, Other, Trash, Water/Sewer
    • Operating Expense: $12,092
    Multi-Family Information
    • Total Units: 2
    • Total 1 BR Units: 2
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 0
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Style: Flat
    • 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 Apx Sqft: 622.0
    • Unit 1 Rooms: 4
    • Unit 1 Rental Amount: $1,650.00
    • Unit 1 Tenant Pays: Electric, Heat
    Unit 2
    • Unit 2 Lease Term: Owner Occupied
    • Unit 2 Style: Flat
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 4
    • Unit 2 Status: Owner Occupied
    • Unit 2 Level Number: 2
    • Unit 2 Apx Sqft: 594.0
    • Unit 2 Bedrooms: 1
    Rental
    Rent Information
    • Total Leases: 1

    Property History for 7 Monroe Street

    DateEvent & SourcePriceAppreciation
    Oct 8, 2024

    Sold (Public Record)

    Public Record #1542831234

    		$455,000—
    Oct 8, 2024

    Sold

    New England Real Estate Network #5008557

    		$455,000—
    Aug 27, 2024

    Pending

    New England Real Estate Network #5008557

    		—
    DateEvent & SourcePrice
    10/08/2024

    Sold (Public Record)

    Public Record #1542831234

    $455,000
    10/08/2024

    Sold

    New England Real Estate Network #5008557

    $455,000
    08/27/2024

    Pending

    New England Real Estate Network #5008557

    —

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

    Public Records for 7 Monroe Street

    Taxable ValueLand$96,200Additions$233,100Total$329,300
    Tax Record2025$4,963 ($414 / month)
    Home Facts
    Baths2Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtUnfinished Basement SqFt592 SqFtStories2Lot Size1,742 SqFtStyleDuplexYear Built1920Year Renovated1968ZoningRHCountyCHITTENDENAPN(035) 044-2-130-000

    Schools near 7 Monroe Street

    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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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 7 Monroe Street, Burlington, VT 05401
    $455,000
    2
    1,216
    1,742
    11 Monroe Street, Burlington, VT 05401
    –
    –
    2.5
    1,536
    4,792
    28-32 Park Street, Burlington, VT 05401
    $1,100,000
    10
    4,442
    2,178
    28 Park Street, Unit 32, Burlington, VT 05401
    $1,100,000
    –
    6
    4,442
    2,178
    26 Park Street, Burlington, VT 05401
    $282,000
    4
    1,440
    33,541
    15 Monroe Street, Unit 17, Burlington, VT 05401
    $369,500
    –
    3
    3,512
    4,356

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    Listing Courtesy of Coldwell Banker Hickok and Boardman

    Copyright 2026 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 09/17/2026 04:39 PM