- 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.
| Metric | This home | Local listings |
|---|---|---|
| List price | $1,150,000 | $644,50078% above local |
| Price / sq ft | $1,079 | $317240% above local |
| Days on market | 86 | 6532% above local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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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.
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