#5050952, Paul Cannizzaro, Listing office: Cannizzaro Real Estate
#5047515·
Listing office: KW Vermont·
Listing agent: The Conroy Group·
Listing office phone: 802-999-8410
$774,000 List price
53-55 Walnut St Burlington, VT 05401
3,887 sqft
0.2 acres
$199 / sqft
Land
Property details
About 53-55 Walnut St
Unmatched 4-Unit Compound: 53-55 Walnut Street, Burlington! Seize this extraordinary opportunity in Burlington's O.N.E. premier multi-unit offering! This rare property mixes historical vibes with a modern spin. A triplex built in 2008 and a charming single-family home built in 1899, totaling 4-Units. This unique configuration unlocks unparalleled versatility: achieve significant rental income from 4 independent streams and comfortably house multiple generations. Each residence provides its own private living space, appealing to a wide range of tenants. The lot offers valuable outdoor space for all residents. Imagine shared gardening space, relaxation, entertaining, etc. within the fully fenced private backyard. Walnut Street's prime location puts residents in the heart of sought-after amenities. Simple access to the vibrant downtown, local schools, UVVMC, shops, diverse dining, local hotspots, etc. The picturesque Lake Champlain waterfront, offering recreational pathways and stunning views, is just a short distance away. This isn't just real estate; it's a strategic, long-term acquisition in Burlington's robust and high-demand multi-family market. Properties with this rare four-unit configuration are exceptionally sought-after for their maximized income potential, diversified risk, and long-term value appreciation. Don't take this time to hesitate with this one! 53-55 Walnut Street is ready to create a large income stream for its new owner. Showings start Monday 06/23/2025!
Highlights
Home typeOther
HeatingNatural Gas, Space Heater(s)
StatusActive
CoolingWhole House Fan
Size3,887 sqft
BasementYes
Lot size0.22 Acres
Year built2008
MLS #5047515
Summary
- Basement: Yes
- Flooring Type: Combination, Concrete, Hardwood, Tile, Vinyl, Wood
- Heating: Natural Gas, Space Heater(s)
- Cooling: Whole House Fan
- List Price: $774,000
- Price/SqFt: $199
- Annual Tax Amount: $15,374
- Tax Year: 2023
- Directions: Heading East on Manhattan Drive, turn right onto Spring Street, continue past Dewey Park, turn left onto Walnut Street, property is on the left. Sign on property. Park on the street.
- Year Built: 2008
- Stories: 2
- Living Area: 3,887 SqFt
- Lot Size: 0.22 Acres
- MLS Number: 5047515
- Office Name: KW Vermont
- Office Phone: (802) 999-8410
- Listing Agent: The Conroy Group
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $727,600 | $15,374 |
| 2022 | $727,600 | $15,374 |
| 2021 | $727,600 | $16,014 |
History based on county public records data.
Nearby schools
2
Integrated Arts Academy
Public Magnet PK-5
0.1 mi
•6 Archibald St
3
Sustainability Academy
Public Magnet PK-5
0.3 mi
•123 North St
5
Edmunds Elementary School
Public District KG-5
0.9 mi
•299 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,309. Typical income of Burlington, VT residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
66%
<35k
31%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
79%
Single, No Kids
9%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
54%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
Forever 21
Banana Republic
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Sonic
What do the neighbors drive?
Pontiac
Mazda
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 53-55 Walnut St
The listing price of 53-55 Walnut St property is $774,000.
The property 53-55 Walnut St is land located in Burlington, Vermont, 05401.
Active Listing: 53-55 Walnut St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 53-55 Walnut St are: Integrated Arts Academy (GreatSchools Rating 2/10), Sustainability Academy (GreatSchools Rating 3/10), Edmunds Elementary School (GreatSchools Rating 5/10), Edmunds Middle School (GreatSchools Rating 5/10), Winooski Middle School (GreatSchools Rating 1/10), Lyman C. Hunt Middle School (GreatSchools Rating 3/10), Burlington High School (GreatSchools Rating 5/10), Winooski High School (GreatSchools Rating 1/10), South Burlington High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $15,374 (source: MLS/based on county public records data).
The property 53-55 Walnut St is 0.22 acres.
The property 53-55 Walnut St is 3,887 SqFt (source: MLS/tax record).
The year of construction for 53-55 Walnut St is 2008.
This home is located at 53-55 Walnut St in Burlington, VT and zip code 05401 in the Old North End neighborhood. This 3,887 square foot home, which was built in 2008, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $774,000.
In June 2025, from all listings sold in Burlington, VT there were more than 17 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price. In June 2025 in Burlington, VT there were 20.2% more homes for sale than in May.
From Rocket Homes Real Estate and based on county public records data.