16-18 Loomis Street Burlington, Vermont 05401 MLS# 4962757

Return to your Search ResultsBack to Search Results Next PropertyView the next property

Under Contract Status

$1,175,000 List Price

Multi Type

7 Beds

7 Baths

3,531 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800

View Market Report

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (802)879-8790 Option 1 x2052
NMLS# 446767

Get Pre-Approved »

Mortgage Calculator


$ Taxes

$ Principal & Interest


This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.


16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street
16-18 Loomis Street

Prime Burlington Location

Prime 7-unit Burlington apartment building well-located at 16-18 Loomis St. Tenants pay separate utilities, strong upside on rents. Large lot with ample parking. Near UVM and Downtown.

• Desirable 7-Unit Apartment Building
• Ample Parking
• Tenants Pay Utilities
• Strong Upside on Rents
• Near UVM and Downtown

Property Location

16-18 Loomis Street Burlington

Property Details

Contract Date  Jul 29th, 2023
MLS#  4962757 Bedrooms  7 Garage Size   Car
List Price  1,175,000 Total Bathrooms  7 Year Built  1920
Type  Multi-Family Lot Size  0.1700 Acres Taxes $15,293
Units  7 Stories  2 Road Frontage  64
Annual Income  $75,300 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,531 Sqft Construction  No, Existing
Zoning   RM Above Grade  3,531 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Jul 25th, 2023
Gross Income  $75,300 Operating Expenses  $0 Net Income  $45,617
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $875/Monthly Unit 2   1 Beds, 1 Baths, $1,000/Monthly
Unit 3   1 Beds, 1 Baths, $800/Monthly Unit 4   1 Beds, 1 Baths, $900/Monthly
Unit 5   1 Beds, 1 Baths, $900/Monthly Unit 6   1 Beds, 1 Baths, $900/Monthly
Unit 7   1 Beds, 1 Baths, $900/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl, Clapboard Disability Features  
Foundation  Brick, Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRight off of North Union onto Loomis Street. Property is second on your left.
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  64 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  Burlington School District Middle  
Elementary  Assigned High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15204