Skip to content
Bean Group
Get directions
Offered at $1,150,000Active
beds
3
baths
3
sq ft
1,066
Built
1935

56 Wright Avenue

Burlington, VT 05401

Residential Income · Active · MLS #5083392
Listing Courtesy of Brian French Real Estate | Brian French

The home

About this home

Incredible opportunity to own a beautifully updated 3-unit property in Burlington’s highly desirable South End, offering stunning views of Lake Champlain from each apartment. This well-maintained building features three one-bedroom units, each thoughtfully upgraded with quality finishes and modern systems. Recent improvements include all new windows, Therma Tru exterior doors, and new flooring throughout. The bathrooms have been tastefully updated with tiled showers, and the property benefits from a new electrical service, upgraded plumbing, and an on-demand hot water system (2026). Additional highlights include energy-efficient mini-split systems, professional insulation for year-round comfort, and newly constructed covered porches with durable Trex decking perfect for taking in the lake views. Ideally located, this property offers easy access to the Burlington Bike Path, University of Vermont Medical Center, and the vibrant Church Street Marketplace. Enjoy close proximity to the Burlington waterfront, along with an array of local shops, restaurants, and all that downtown Burlington has to offer.A rare opportunity to own a turnkey multi-family property in one of Burlington’s most sought-after neighborhoods.

Property information

Details at a glance

Interior3 property facts
Rooms
1
Heating
Baseboard
Flooring
Carpet, Laminate, Vinyl
Building4 property facts
Style
Multi Family
Year built
1935
Foundation
Block
Roof
Shingle
Land & utilities4 property facts
Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Zoning
Res Med density
Financial2 property facts
Annual taxes
$11,060
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $1,150,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,737 / monthAdjust
Principal & interest
$5,815
Property tax
$922
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $11,060. 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.

This home compared with active listings in Burlington
MetricThis homeLocal listings
List price$1,150,000$644,50078% above local
Price / sq ft$1,079$317240% above local
Days on market866532% above local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

Keep exploring

Similar homes nearby

Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.

No close matches are available right now. Browse all homes in Burlington.

Need help making sense of this home?

Common questions

About 56 Wright Avenue

Can I request a private showing?

Request a tour of 56 Wright Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

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

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.

Research before you tour

We’ll help you get the available information about this home.