239 South Union Street Burlington, Vermont - Sold in 2025

239 South Union Street Burlington, Vermont 05401 MLS# 5062950

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Sold Status

$1,100,000 Sold Price

Multi Type

3 Beds

3 Baths

5,940 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Vermont Real Estate Company
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Burlington

239 South Union Street

Exciting opportunity to own a well-maintained brick mixed-use investment property combining strong cash flow with long-term growth potential. The building includes 3 contemporary residential apartments plus 5 flexible office suites - all supported by ample on-site parking. Located steps from downtown and the bike path, tenants enjoy both convenience and lifestyle appeal. The offices are well-suited for professional or creative use, and with strong financials in place, there is additional upside through the potential conversion of office space to a 4th residential apartment. Whether held as a stable income property or repositioned for higher residential demand, this is a unique investment in a high-demand location.

Property Location

239 South Union Street Burlington

Property Details

Sold Price  $1,100,000 Sold Date  Dec 19th, 2025
List Price  1,125,000 Bedrooms  3 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1900
MLS#  5062950 Lot Size  0.23 Acres Taxes $22,201
Type  Multi-Family Days on Market  271 Days Tax Year 2025
Units  9 Stories  2 Road Frontage  
Annual Income  $138,600 Style   Water Frontage  
Annual Expenses  $0 Finished  5,940 Sqft Construction  No, Existing
Zoning   RM Above Grade  5,940 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Sep 25th, 2025
Gross Income  $138,600 Operating Expenses  $0 Net Income  $95,887
Expenses Includes 
Unit 2   1 Beds, 1 Baths, $1,500/Monthly Unit 3   1 Beds, 1 Baths, $1,500/Monthly
Unit 4   1 Beds, 1 Baths, $1,625/Monthly Unit 5   Beds, Baths, $1,500/Monthly
Unit 6   Beds, Baths, $1,050/Monthly Unit 7   Beds, Baths, $175/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Asphalt Shingle HERS Index  
Directions
Lot Description
Garage & Parking  No
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RM
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-17746
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