44 Drew Street Burlington, Vermont - For Sale

44 Drew Street Burlington, Vermont 05401 MLS# 5078652

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For Sale Status

$799,000 List Price

Multi Type

7 Beds

2 Baths

1,764 Sqft

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

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O.N.E. Burlington Duplex

Fully renovated duplex in the sought-after Old North End offering a spacious 4-bedroom unit downstairs plus a 3-bedroom apartment above - an outstanding opportunity for investors and potential for owner-occupant buyers in the 4-bedroom unit come June. Both residences feature updated stainless-steel kitchens with tile backsplash, hardwood flooring throughout, and stylish tiled bathrooms. The 4-bedroom unit includes an impressive bath layout with dual vanities and two, separate, tiled walk-in showers, providing added functionality for larger households. Each unit includes its own laundry, covered porch spaces, and separate utilities for convenience and efficiency. The property also offers plenty of off-street parking and a shared backyard ideal for outdoor enjoyment. Located just minutes from the Lake Champlain waterfront and downtown, this property combines strong rental appeal with an excellent 8.3% cap rate, making it a compelling addition to any investment portfolio.

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

44 Drew Street Burlington

Property Details

List Price  799,000 Bedrooms  7 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  2 Year Built  1925
MLS#  5078652 Lot Size  0.1 Acres Taxes $10,959
Type  Multi-Family Days on Market  99 Days Tax Year 2025
Units  2 Stories  2 Road Frontage  
Annual Income  $84,900 Style   Water Frontage  
Annual Expenses  $0 Finished  1,764 Sqft Construction  No, Existing
Zoning   RM Above Grade  1,764 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Mar 9th, 2026
Gross Income  $84,900 Operating Expenses  $0 Net Income  $64,959
Expenses Includes 
Unit 1   4 Beds, 1 Baths, $4,340/Monthly Unit 2   3 Beds, 1 Baths, $2,735/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Asphalt Shingle HERS Index  
DirectionsNorth Street to Drew Street, property is on your right.
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 Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14347
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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.