- beds
- 4
- baths
- 2
- sq ft
- 2,410
- Built
- 1920
299 Manhattan Drive
Burlington, VT 05408
Residential Income · Active · MLS #5080551
Listing Courtesy of Four Seasons Sotheby's Int'l Realty | Kurt Schueler, Kathleen OBrien
The home
About this home
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.
Property information
Details at a glance
Interior2 property facts
- Heating
- Floor Furnace, Hot Water, Heat Pump
- Flooring
- Ceramic Tile, Tile, Vinyl
Building3 property facts
- Style
- Multi Family
- Year built
- 1920
- Roof
- Metal
Land & utilities3 property facts
- Lot size
- 0.14 acres
- Water
- Public
- Sewer
- Public Sewer
Financial2 property facts
- Annual taxes
- $11,384
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $675,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,362 / monthAdjust
- Principal & interest
- $3,413
- Property tax
- $949
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,384. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Burlington.
| Metric | This home | Local listings |
|---|---|---|
| List price | $675,000 | $644,5005% above local |
| Price / sq ft | $280 | $31712% below local |
| Days on market | 42 | 6535% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 299 Manhattan Drive
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