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Offered at $675,000Active
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.

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Price & market context

See how this home compares with active listings in Burlington.

This home compared with active listings in Burlington
MetricThis homeLocal listings
List price$675,000$644,5005% above local
Price / sq ft$280$31712% below local
Days on market426535% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

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About 299 Manhattan Drive

Can I request a private showing?

Request a tour of 299 Manhattan Drive and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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