Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. Although, we have the property leased until the end of May in the year 2026, this would be a great investment for a number of reasons. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. One unit is vacant until June 1st, 2025, when a year lease for $3,000/month commences. The vacant unit allows for immediate showings, while the occupied unit requires 48 hours' notice for viewing. The garage and residential corridor zoning offer potential for future development of additional units. While expenses are estimated, income figures are based on current and past leases. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look. †

Essentials

List Price 729,900	Bedrooms 0	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 0	Year Built 1899
MLS# 5031301	Lot Size 0.14 Acres	Taxes $14,119
Type Multi-Family	Days on Market 53 Days	Tax Year 20242025
Units 2	Stories 2	Road Frontage
Annual Income $70,800	Style	Water Frontage
Annual Expenses $0	Finished 2,793 Sqft	Construction No, Existing
Zoning Residential - Corridor	Above Grade 2,793 Sqft	Seasonal No
Total Rooms 0	Below Grade 0 Sqft	List Date Mar 6th, 2025

Expenses

Gross Income $70,800	Operating Expenses $0	Net Income $45,382

Expenses Includes

Unit Size & Rent

Building

Construction
BasementInterior, Sump Pump, Interior Stairs, Sump Pump, Interior Access
Interior Features
Exterior Features

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

Property

DirectionsFrom Main Street in Burlington, head South on Saint Paul Street past Howard Street and the property will be on your left. The driveway to the property is on the right side of the building.
Lot Description
Garage & Parking Yes

Road Frontage	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Residential - Corridor

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel , Oil	Excluded
Heating/Cool None, Multi Zone, Hot Water	Negotiable
Sewer Public Sewer On-Site	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 114-035-18397