Back to Search ResultsSold Status
$645,000 Sold Price
Multi Type
6 Beds
4 Baths
2,766 Sqft
Sold By KW Vermont
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Burlington
Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment with stable income and room for growth.Seller is licensed Broker †
Property Location
Property Details
| Sold Price $645,000 | Sold Date Apr 6th, 2026 | |
|---|---|---|
| List Price 699,000 | Bedrooms 6 | Garage Size Car |
| Cooperation Fee Unknown | Total Bathrooms 4 | Year Built 1899 |
| MLS# 5073153 | Lot Size 0.15 Acres | Taxes $12,426 |
| Type Multi-Family | Days on Market 169 Days | Tax Year 25 |
| Units 4 | Stories 2 | Road Frontage 61 |
| Annual Income $76,800 | Style | Water Frontage |
| Annual Expenses $0 | Finished 2,766 Sqft | Construction No, Existing |
| Zoning Res Med density | Above Grade 2,766 Sqft | Seasonal No |
| Total Rooms 6 | Below Grade 0 Sqft | List Date Jan 6th, 2026 |
| Gross Income $76,800 | Operating Expenses $0 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 1 Beds, 1 Baths, 550 SqFt, $1,500/Monthly | Unit 2 1 Beds, 1 Baths, 550 SqFt, $1,500/Monthly |
|---|---|
| Unit 3 2 Beds, 1 Baths, 900 SqFt, $1,750/Monthly | Unit 4 2 Beds, 1 Baths, 900 SqFt, $1,650/Monthly |
| Construction |
|---|
| BasementWalk-up, Bulkhead, Concrete Floor |
| Interior Features |
| Exterior Features |
| Exterior | Disability Features |
|---|---|
| Foundation | House Color White |
| Floors Vinyl, Carpet | Building Certifications |
| Roof Architectural Shingle | HERS Index |
| DirectionsNorth Union to left on North Street, first property on Right. |
|---|
| Lot Description, Near Bus/Shuttle |
| Garage & Parking No |
| Road Frontage 61 | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone No | Water Body |
| Zoning Res Med density |
| 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 Choice | Documents |
| Electric Circuit Breaker | Tax ID 114-035-15155 |
† The remarks published on this webpage originate from Listed By Paul Cannizzaro of Cannizzaro Real Estate 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.
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