Multi-Family for Sale: 40-40 1/2 Convent Square, Burlington, VT 05401

6 beds
3 full baths
1,642 sqft
$624,000
$624,000
40-40 1/2 Convent Square, Burlington, VT 05401
6 beds
3 full baths
1,642 sqft
$624,000
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Price:
$624,000
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Multi-Family
Beds 6
Baths 3 full baths
Square Feet 1,642 sqft
Lot Size 0.15 acres
Year Built 1919
Taxes Paid $10,960
City Burlington
County Chittenden
School District Burlington School District
MLS 5047509
Status Active
DOM 85 days
Listed by KW Vermont, The Conroy Group & Isaiah Donaldson 802-999-8410
Discover this unrivaled 3-Unit Gem at 40-40 1/2 Convent Square, a true find in Burlington's O.N.E.! This unique offering combines a charming duplex and a separate single-family home on one expansive lot, presenting an unparalleled investment. This property offers immense versatility: generate significant rental income from three independent units, comfortably house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space, ensuring privacy and appeal for residents. Expect functional layouts, comfortable rooms, and ample natural light across all residences. The generous lot provides ample outdoor space for all occupants. Whether it's individual patios, shared green areas, or room for gardening, the exterior adds significant value and enjoyment to this exceptional property. Convent Square is a highly coveted location, placing residents at the epicenter of Burlington's finest amenities. Enjoy effortless access to Lake Champlain's breathtaking waterfront – perfect for strolls, biking, and scenic views. Downtown Burlington's vibrant array of shops, restaurants, and local hotspots are just moments away, promising endless entertainment. This isn't just a property; it's a strategic acquisition in Burlington's robust real estate market. Demand for multi-unit properties in this location remains consistently high, making 40-40 1/2 Convent Square an incredibly smart investment.

Lot & Building Features

Appliances Owned Water Heater, Separate Water Heater
Utilities Cable at Site, Telephone at Site, Other, Gas On-Site
Construction Cellulose Insulation, Wood Frame, Vinyl Siding, Vinyl Exterior, Other, Combination Exterior, Clapboard Exterior
Cooling None
Heating Natural Gas, Vented Gas Heater, Space Heater
Parking Description Driveway, Unpaved, Parking Spaces 3 - 5, On-Site, Off Street
Sewer Public
Tax Year 2025
Taxes Paid $10,960
Water Public
Basement Description Concrete, Unfinished, Storage Space, Partially Finished, Other, Interior Stairs, Interior Access, Full, Finished, Exterior Stairs, Exterior Access, Dirt Floor, Concrete Floor
Foundation Concrete
Lot Description City Lot, Walking Trails, View, Trail/Near Trail, Street Lights, Sidewalks, Other, Neighborhood, Near Shopping, Near School(s), Near Public Transportatn, Near Paths, Near Hospital, Level, Landscaped, Interior Lot, Curbing
Roof Asphalt Shingle, Slate
Features Exterior Covered Porch, Window Screens, Storage, Porch, Partial Fence, Other, Natural Shade, Garden Space, Double Pane Window(s), Deck
Garage No

Community and Schools

Elementary School Sustainability Academy
Junior High School Lyman C. Hunt Middle School
Senior High School Burlington High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included, Water Heater, Storage, Smoke Detector, Separate, Refrigerator, Other, Natural Gas Heat, Hot Water, Gas Range, Electric, CO Detector
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2080.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style First Floor - Flat
Unit 1 Tenant Pays Electric, TV Service, Other, Internet Service, Hot Water, Heat
Unit 1 Total Area 788
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Water Heater, Storage, Smoke Detector, Separate, Refrigerator, Other, Natural Gas Heat, Hot Water, Gas Range, Electric, CO Detector
Unit 2 Lease Term Annual
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1513.50
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Style Second Floor - Flat
Unit 2 Tenant Pays Electric, TV Service, Other, Internet Service, Hot Water, Heat
Unit 2 Total Area 456
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Appliances Included, Water Heater, Storage, Smoke Detector, Separate, Refrigerator, Other, Natural Gas Heat, Hot Water, Gas Range, Electric, Deck, CO Detector
Unit 3 Lease Term Annual
Unit 3 Level Number 1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1791.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 3
Unit 3 Status Leased
Unit 3 Style 40 1/2 Convent
Unit 3 Tenant Pays Electric, TV Service, Other, Internet Service, Hot Water, Heat
Unit 3 Total Area 486

Price History of 40-40 1/2 Convent Square, Burlington, VT

Date Name Price Difference
06/19/2025 Listing Price $624,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$479,000
$283 / sqft
Average
$516,000
$311 / sqft
High
$590,000
$322 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 6 3.0 $624,000 1,642 $380 N/A
37 Greene Street Burlington 05401 5 2.0 $590,000 1,833 $322 10/31/2024
131 Pine Street Winooski 05404 6 2.0 $479,000 1,694 $283 01/03/2025
95 Union Street Winooski 05404 5 2.0 $515,000 1,536 $335 05/06/2025
10-12 Intervale Avenue Burlington 05401 5 2.0 $480,000 1,575 $305 10/06/2025

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Map of 40-40 1/2 Convent Square, Burlington, VT

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Inquire About This Property

Photo of Kara Carrier
Kara Carrier
Principal Broker
Direct: 603-235-5243
Office
900 Hanover Street
Manchester, NH 03104
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40-40 1/2 Convent Square (MLS #5047509) is a multi-family multi-family listing located in Burlington, VT. This multi-family listing is 1,642 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 6 bedrooms, 3 baths and is 106 years old. This property was listed on 06/19/2025 and has been priced for sale at $624,000.

The 5 bedroom multi-family listing at 10-12 Intervale Avenue in Burlington is nearby and sold for $480,000 on 10/06/2025. Another nearby 5 bedroom multi-family listing, 37 Greene Street in Burlington sold for $590,000 on 10/31/2024.

Nearby zip codes are 05401 0000, 05401 5219, 05403, 05408 and 05465. This property neighbors other cities such as Colchester, Lyndon, Shelburne, South Burlington and Winooski.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: KW Vermont

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. Data last updated 11/17/2025