18 Park Street Burlington, Vermont - For Sale

18 Park Street Burlington, Vermont 05401 MLS# 5088609

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For Sale Status

$1,450,000 List Price

Multi Type

10 Beds

10 Baths

5,017 Sqft

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

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Burlington Multi-Family

Rare opportunity to own a 10-unit multi-family property in one of Burlington's most sought-after downtown locations, directly across from Battery Park and moments from the waterfront, bike path, Church Street, restaurants, and downtown employers. The property includes two buildings with a strong unit mix made up of highly desirable and easy-to-rent 1-bedroom and studio apartments - layouts that continue to see consistent demand from tenants seeking downtown living. The front brick building contains 4 distinctive apartments, while the rear building offers 6 single-level apartments with straightforward layouts, ample parking, and strong rental appeal. Well maintained with fresh paint and tenants paying heat and electric, this property offers easy to rent apartments with a strong return in a premier Burlington location!

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

18 Park Street Burlington

Property Details

List Price  1,450,000 Bedrooms  10 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  10 Year Built  1845
MLS#  5088609 Lot Size  0.21 Acres Taxes $30,735
Type  Multi-Family Days on Market  41 Days Tax Year 2025
Units  10 Stories  2 Road Frontage  
Annual Income  $175,260 Style   Water Frontage  
Annual Expenses  $0 Finished  5,017 Sqft Construction  No, Existing
Zoning   RH Above Grade  5,017 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  May 13th, 2026
Gross Income  $175,260 Operating Expenses  $0 Net Income  $125,736
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,270/Monthly Unit 2   1 Beds, 1 Baths, $1,220/Monthly
Unit 3   1 Beds, 1 Baths, $1,500/Monthly Unit 4   1 Beds, 1 Baths, $1,650/Monthly
Unit 5   1 Beds, 1 Baths, $1,430/Monthly Unit 6   1 Beds, 1 Baths, $1,385/Monthly
Unit 7   1 Beds, 1 Baths, $1,500/Monthly Unit 8   3 Beds, 3 Baths, $4,650/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsBattery Street to Park Street, property will be on your right.
Lot Description
Garage & Parking  No
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RH
School District  NA Middle  
Elementary   High  
Heat Fuel  , Natural Gas Excluded  
Heating/Cool  None Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14995
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.