1 day on Rocket
#5052749, Smith Macdonald Group, Listing office: Coldwell Banker Carlson Real Estate
#5052748·
Listing office: Coldwell Banker Carlson Real Estate·
Listing agent: Smith Macdonald Group·
Listing office phone: 802-253-7358
$2,595,000 List price
61 Elmwood Ave Burlington, VT 05401
8,736 sqft
0.3 acres
$297 / sqft
Land
Property details
About 61 Elmwood Ave
The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is over 8%, with the ability to quickly increase the monthly rents within year one of ownership.
Highlights
Home typeOther
HeatingNatural Gas, Baseboard, Electric
StatusActive
Size8,736 sqft
BasementYes
Lot size0.3 Acres
Year built1920
MLS #5052748
Summary
- Basement: Yes
- Heating: Natural Gas, Baseboard, Electric
- Cooling: None
- List Price: $2,595,000
- Price/SqFt: $297
- Annual Tax Amount: $3,115
- Tax Year: 2023
- Year Built: 1920
- Stories: 2
- Living Area: 8,736 SqFt
- Lot Size: 0.3 Acres
- MLS Number: 5052748
- Office Name: Coldwell Banker Carlson Real Estate
- Office Phone: (802) 253-7358
- Office Email: info@carlsonrealestatestowe.com
- Listing Agent: Smith Macdonald 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: 7/24/2025, 2:45:27 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 | $1,793,500 | $3,115 |
History based on county public records data.
Nearby schools
3
Sustainability Academy
Public Magnet PK-5
0.2 mi
•123 North St
2
Integrated Arts Academy
Public Magnet PK-5
0.4 mi
•6 Archibald St
5
Edmunds Elementary School
Public District KG-5
0.6 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 $21,083. The most common annual income of people living in Burlington, VT is less than $<35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
77%
Single, No Kids
10%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
4%
12-17 yrs old
47%
18-34 yrs old
28%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Forever 21
Family Dollar
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Pontiac
Mazda
Cadillac
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 61 Elmwood Ave
The listing price of 61 Elmwood Ave property is $2,595,000.
The property 61 Elmwood Ave is land located in Burlington, Vermont, 05401.
Active Listing: 61 Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 61 Elmwood Ave are: Sustainability Academy (GreatSchools Rating 3/10), Integrated Arts Academy (GreatSchools Rating 2/10), Edmunds Elementary School (GreatSchools Rating 5/10), Edmunds Middle School (GreatSchools Rating 5/10), Winooski Middle School (GreatSchools Rating 1/10), Frederick H. Tuttle Middle School (GreatSchools Rating 7/10), 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 $3,115 (source: MLS/based on county public records data).
The property 61 Elmwood Ave is 0.3 acres.
The property 61 Elmwood Ave is 8,736 SqFt (source: MLS/tax record).
The year of construction for 61 Elmwood Ave is 1920.
This home is located at 61 Elmwood Ave in Burlington, VT and zip code 05401 in the Old North End neighborhood. This 8,736 square foot home, which was built in 1920, sits on a 0.30 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $2,595,000.
Burlington, VT housing market in June 2025 saw over 17 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. The number of listings in Burlington, VT increased by 20.2% between May and June 2025.
From Rocket Homes Real Estate and based on county public records data.