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  • Listed by: Four Seasons Sotheby's Int'l Realty • Kurt Schueler
    $675,000

    299 Manhattan Drive, Burlington, VT 05408

    4beds
    2,410sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $642,900 Zestimate®
    $280/sqft
    $-- HOA

    What's special

    Gas heatFully installed ev chargerRear asphalt shingle roofInsulation upgradesModern kitchensNew appliancesStanding seam metal roof
    Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlington’s desirable Manhattan Drive location. The property features two well-designed units, each with 2 bedrooms and 1 full bath, plus a bonus study in the lower unit that can function as a third bedroom, office, or guest space. The home has been thoughtfully updated with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry on both levels. Major improvements completed in 2022 include upgraded electrical, plumbing, and heating systems for code compliance, a standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, paving, and participation in the Vermont Gas weatherization program. The flexible layout is ideal for an owner-occupant seeking to offset expenses with rental income, or for a buyer looking for a hybrid long-term / short-term rental opportunity. The upper unit is leased at $2,700/month, while the lower unit has a strong short-term rental history. Additional features include gas heat, a lower-level heat pump for supplemental heating and cooling, all new appliances, a fully installed EV charger, 3 off-street parking spaces, full basement, and a large fenced yard perfect for pets, entertaining, or outdoor enjoyment. Located close to downtown Burlington, the waterfront, Church Street, and local amenities, this move-in ready duplex also offers future upside with attic bonus/potential expansion possibilities subject to buyer due diligence and approvals. A rare opportunity to own a renovated, income-producing property in one of Burlington’s most convenient neighborhoods. This property has been successfully utilized as a short-term rental. Buyers should verify compliance with all City of Burlington short-term rental regulations, including potential owner-occupancy requirements.
    106 days
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    242
    |
    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kurt Schueler,

    Four Seasons Sotheby's Int'l Realty 802-864-0541,

    Kathleen OBrien,

    Four Seasons Sotheby's Int'l Realty

    Source: PrimeMLS,MLS#: 5080551MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Direct Vent, Electric, Floor Furnace, Heat Pump, Hot Water, Mini Split
      Cooling
      • Mini Split
      Appliances
      • Included: Gas Water Heater, Natural Gas Water Heater
      Features
      • Flooring: Ceramic Tile, Tile, Vinyl Plank
      • Basement: Concrete,Concrete Floor,Insulated,Unfinished,Basement Stairs,Interior Entry
      Interior area
      • Total structure area: 3,274
      • Total interior livable area: 2,410 sqft
      • Finished area above ground: 2,410
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Paved, Driveway, Off Street, Parking Spaces 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Exterior features: Garden, Natural Shade
      • Fencing: Partial
      • Frontage length: Road frontage: 40
      Lot
      • Size: 6,098 Square Feet
      • Features: City Lot, Sidewalks, In Town, Near Paths, Near Shopping, Neighborhood, Near Hospital, Near School(s)
      Details
      • Parcel number: 11403513900
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Spray Foam Insulation
      • Foundation: Block, Concrete
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 200+ Amp Service, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable at Site, Underground Utilities

      Community & HOA

      Location
      • Region: Burlington

      Financial & listing details

      • Price per square foot: $280/sqft
      • Tax assessed value: $481,700
      • Annual tax amount: $11,384
      • Date on market: 3/24/2026
      • Road surface type: Paved

        Estimated market value

        $642,900

        $611,000 - $675,000

        $2,149/mo

        Price history

        DateEventPrice
        3/24/2026Listed for sale$675,000+162.4%$280/sqft
        Source: PrimeMLS #5080551 Report a problem
        1/31/2022Sold$257,250+0.9%$107/sqft
        Source: PrimeMLS #4893730 Report a problem
        12/27/2021Contingent$255,000$106/sqft
        Source: PrimeMLS #4893730 Report a problem
        12/21/2021Listed for sale$255,000+8.5%$106/sqft
        Source: PrimeMLS #4893730 Report a problem
        6/21/2005Sold$235,000+130.4%$98/sqft
        Source: Public Record Report a problem
        12/26/1997Sold$102,000-8.9%$42/sqft
        Source: Public Record Report a problem
        4/27/1992Sold$112,000+72.3%$46/sqft
        Source: Public Record Report a problem
        5/26/1987Sold$65,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $481,700
        2023-- $481,700 +19.4%
        2022-- $403,300
        2021-- $403,300 +69.5%
        2020-- $238,000
        2019-- $238,000
        2018-- $238,000
        2017$6,340 +76.7%$238,000
        2016$3,589 $238,000 +9900%
        2015$3,589 $2,380
        2014$3,589 $2,380
        2013$3,589 $2,380
        2012-- $2,380
        2011-- $2,380
        2010-- $2,380
        2009-- $2,380
        2008-- $2,380
        2007-- $2,380
        2006-- $2,380

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05401

        Getting around

        81 / 100
        Very Walkable
        42 / 100
        Some Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Integrated Arts Academy
        • Middle: Edmunds Middle School
        • High: Burlington High School
        • District: Burlington School District

        Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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