26-28 Converse Court Burlington, Vermont 05401 MLS# 5087342

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Under Contract Status

$1,550,000 List Price

Multi Type

12 Beds

5 Baths

7,149 Sqft

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

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5 Units with 12 Bedrooms

Setting the standard. One of Burlington's top student rental properties, ideally located between campus and downtown on a dead-end street. Features include updated interiors, all newer bathrooms and kitchens, vaulted ceilings, hardwood floors, and spacious, well-designed layouts. Plenty of off-street parking, coin-op laundry, and tenant storage. Strong rental history with the property fully rented through May 2027.

Cooperation Fee - 2%

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% 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

26-28 Converse Court Burlington

Property Details

Essentials

Contract Date Jun 12th, 2026
List Price 1,550,000	Bedrooms 12	Garage Size Car
Cooperation Fee 2%	Total Bathrooms 5	Year Built 1890
MLS# 5087342	Lot Size 0.12 Acres	Taxes $29,891
Type Multi-Family	Days on Market 48 Days	Tax Year 2025
Units 5	Stories 3	Road Frontage
Annual Income $178,620	Style	Water Frontage
Annual Expenses $0	Finished 7,149 Sqft	Construction No, Existing
Zoning RM	Above Grade 7,149 Sqft	Seasonal No
Total Rooms 12	Below Grade 0 Sqft	List Date May 6th, 2026

Expenses

Gross Income $178,620	Operating Expenses $0	Net Income $133,847

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $2,090/Monthly	Unit 2 2 Beds, 1 Baths, $2,490/Monthly
Unit 3 2 Beds, 1 Baths, $2,490/Monthly	Unit 4 2 Beds, 1 Baths, $2,490/Monthly
Unit 5 4 Beds, 1 Baths, $5,325/Monthly

Building

Construction
BasementWalk-up, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation	House Color
Floors	Building Certifications
Roof Slate, Membrane	HERS Index

Property

DirectionsNorth Union Street to Hickok Place to Converse Court, 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 RM

Schools

School District NA	Middle
Elementary	High

Utilities

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 114-035-16040

✱ 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.