21 Hyde Street Burlington, Vermont - For Sale

21 Hyde Street Burlington, Vermont 05401 MLS# 5095783

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For Sale Status

$2,000,000 List Price

Multi Type

16 Beds

4 Baths

4,289 Sqft

Listed By Mikail Stein of RE/MAX North Professionals
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Burlington

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A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms with a history of being rented for $1,100 per bedroom and coin operated washers and dryers bringing in a gross income of over $213,000 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $162,000 or a 8.10% CAP rate, above the market average. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

Property Location

21 Hyde Street Burlington

Property Details

List Price  2,000,000 Bedrooms  16 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1899
MLS#  5095783 Lot Size  0.39 Acres Taxes $34,176
Type  Multi-Family Days on Market  1 Days Tax Year 2026
Units  4 Stories  2 Road Frontage  
Annual Income  $213,100 Style  Near Hospital Water Frontage  
Annual Expenses  $0 Finished  4,289 Sqft Construction  No, Existing
Zoning   rez Above Grade  4,289 Sqft Seasonal  No
Total Rooms  16 Below Grade  0 Sqft List Date  Jun 19th, 2026
Gross Income  $213,100 Operating Expenses  $0 Net Income  $162,074
Expenses Includes 
Unit 1   4 Beds, 1 Baths, 1,016 SqFt, $4,400/Monthly Unit 2   3 Beds, 1 Baths, 992 SqFt, $3,300/Monthly
Unit 3   5 Beds, 1 Baths, 1,008 SqFt, $5,500/Monthly Unit 4   4 Beds, 1 Baths, 854 SqFt, $4,400/Monthly
Construction
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors  Carpet, Vinyl, Laminate, Wood Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsFrom Main Street, go North on South Willard Street which becomes North Willard Street. Turn left onto North Street. Right onto Hyde Street. The property is on the right.
Lot DescriptionUnknown, Near Shopping, Neighborhood, Near School(s)
Garage & Parking  Yes
Road Frontage   Water Access  
Driveway  Dirt Water Type  
Flood Zone  No Water Body  
Zoning  rez
School District  Burlington School District Middle  
Elementary   High  Burlington High School
Heat Fuel  , Other Excluded  
Heating/Cool  None, Hot Air, Other, Baseboard, Radiators Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15572
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† The remarks published on this webpage originate from Listed By Mikail Stein of RE/MAX North Professionals via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.