Listed by Jim Cross • RE/MAX North Professionals. Bought with KW Vermont.
Off Market Mar 2020 for $430K
$809,168
Est. refi paymentEst. refi$2,729/mo
9
bd
•
3 ba
•
2,807
sq ft
189-191 Riverside Ave, Burlington, VT 05401
About this home
Very well centrally located 3 unit apt house with many updates. Bottom level apt completely updated in past few years. Roof 9 years old. Many recent egress windows. Very good rents and tenants pay most utilities. All separate hot water tanks, heating units and electric.
Nice 3-unit apartment building. Lots of updates and improvements. Plenty of off-street parking and great cash flow (9.5% cap rate). Turn-key investment. Appraisal completed 3/24/2011 indicated market value of $515,000.
PrimeMLS #3025339
May 2, 2006
Sold
$272,000
$97/sq ft
Feb 10, 2006
Listed
$269,900
$96/sq ft
For the smart buyer, to invest in your future. Take a look at this 3 unit multi-family home in Burlington. Two 2 bedroom units and one 3 bedroom unit with natural gas heat. This property also offers a garage that is currently rented for $100/mo. All sqft is approx. from listers card.
Public Records
Mar 10, 2003
Sold
$175,000
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,832 (−4.8%)
$227,300 + $358,700
$586,000
2024
$9,280 (+8.5%)
$227,300 + $358,700
$586,000
2023
$8,550 (−30.9%)
$227,300 + $358,700
$586,000
2022
$12,380 (−4.0%)
$227,300 + $358,700
$586,000
2021
$12,898 (+6.6%)
$227,300 + $358,700
$586,000
2020
$12,101 (+5.1%)
$158,200 + $235,000
$393,200
2019
$11,509 (+4.1%)
$158,200 + $235,000
$393,200
2018
$11,053 (+11.3%)
$158,200 + $235,000
$393,200
2017
$9,929 (+2.3%)
$158,200 + $214,600
$372,800
2016
$9,702 (+62.6%)
$158,200 + $214,600
$372,800
2015
$5,966 (−1.6%)
$141,900 + $92,100
$234,000
2014
$6,060 (+1,378.0%)
$141,900 + $92,100
$234,000
2011
$410
$141,900 + $92,100
$234,000
Tax history for 189-191 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2025
$8,832 (−4.8%)
$227,300 + $358,700
$586,000
2024
$9,280 (+8.5%)
$227,300 + $358,700
$586,000
2023
$8,550 (−30.9%)
$227,300 + $358,700
$586,000
2022
$12,380 (−4.0%)
$227,300 + $358,700
$586,000
2021
$12,898 (+6.6%)
$227,300 + $358,700
$586,000
2020
$12,101 (+5.1%)
$158,200 + $235,000
$393,200
2019
$11,509 (+4.1%)
$158,200 + $235,000
$393,200
2018
$11,053 (+11.3%)
$158,200 + $235,000
$393,200
2017
$9,929 (+2.3%)
$158,200 + $214,600
$372,800
2016
$9,702 (+62.6%)
$158,200 + $214,600
$372,800
2015
$5,966 (−1.6%)
$141,900 + $92,100
$234,000
2014
$6,060 (+1,378.0%)
$141,900 + $92,100
$234,000
2011
$410
$141,900 + $92,100
$234,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.66 Acres
Year renovated
—
Sq. Ft.
3,576
Year built
1910
Style
Single Family Residential
County
Chittenden County
APN
11403516410
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Property details
Interior
Basement Information
Basement: Yes
Basement Access: Walkout
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 2807
Approximate Sq. Ft. Total: 3091
Color: Grey
Lot, Zoning, & Easement Information
Easements: Yes
River, River Frontage, Sidewalks, Sloping, Steep, Street Lights, Trail/Near Trail, Walking Trails, Water View
Income Information
Net Income: $43,507
Survey Information
Surveyed: Unknown
Boat, Moorage, and Water Information
Water Body Name: Winooski River
Other Property & Lot Information
Year Built: 1910
Water View: Yes
Water View: Y
Waterfront: Yes
Waterfront Rights: Shared
Water Body Name: Winooski River
Financial
Assessment Information
Assessment Amount: 393200
Tax Information
Tax Year: 2018
Tax Year Notes: 2018-2019
Gross Amount Tax: 11053
SPAN Number: 11403516410
Other Tax Information
Page Deed: 491-492
Financing Information
Possible Options: Conventional
Utilities
Trash Information
Dumpster
Electric Information
Electric Company: BED
Water Information
Water Restrictions: Unknown
Other Utilities Information
Cable Company: Burlington Telecom
Fuel Company: VT Gas
Phone Company: Consolidated
Cable - At Site, Gas - On-Site, Internet - Cable
Yes
Location
Multi-Unit Information
Total Units: 3
# of 2 Bedroom Units: 1
# of 3+ Bedroom Units: 2
# of Baths (full): 3
Parking: Off Street, On-Site, Parking Spaces 5 - 10
Exterior Features: Natural Shade
Water: Public
Sewer: Public
Electric: 100 Amp, 220 Plug
Construction: Wood Frame
Foundation: Block, Fieldstone, Poured Concrete
Exterior: Vinyl Siding
Roof: Shingle - Asphalt
Driveway: Gravel
Heating: Baseboard, Gas Heater - Vented, Hot Water