Set on a prime, flat 0.14-acre lot in the heart of Burlington, this centrally located property presents a rare opportunity for homeowners, investors, or developers alike. Burlington zoning allows the potential for up to 6 units within the existing structure, with the possibility of additional development on the lot. Just minutes to the Church Street Marketplace, Burlington Waterfront, Bike Path, and a nearby bus line, the location delivers exceptional convenience. With close proximity to UVMMC, UVM, and Champlain College, it is an ideal setting for rental use. The existing home offers 4 bedrooms, 2 bathrooms, and 1,470 square feet of finished living space. The first floor features a spacious living room, eat-in kitchen, a bedroom, and a convenient half bath with first-floor laundry. Upstairs, you will find three additional bedrooms and a ¾ bathroom. Both levels enjoy access to enclosed three-season porches at the rear of the home, providing flexible additional space. Recent updates include fresh interior paint throughout (2025) and a newer hot water tank (2024). Outside, the deep, level lot includes a fully fenced backyard, while an oversized detached one-car garage provides ample storage or utility space. With its prime residential location and development potential, this property invites exploration of the many possibilities it holds- whether updating, expanding, or planning for future use. Don't let this Burlington investment opportunity escape!