86 North Union Street Burlington, Vermont - For Sale

86 North Union Street Burlington, Vermont 05401 MLS# 5095537

Return to your Search ResultsBack to Search Results Next PropertyView the next property

For Sale Status

$1,295,000 List Price

Multi Type

10 Beds

3 Baths

2,632 Sqft

Listed By Chad Dion of Chad Dion Real Estate
🖶

Listing Alerts

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (802)-318-0823
NMLS# 402933

Get Pre-Approved »

Mortgage Calculator

$

$ Taxes

$ Principal & Interest

$

This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.

Burlington

86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street
86 North Union Street

Fully Leased Burlington Triplex Near UVM | 8.0% Cap Rate | 10 Bedrooms Rare opportunity to acquire a fully leased 3-unit multifamily investment property in Burlington, Vermont, located just 4.5 blocks from the University of Vermont and within walking distance of Downtown Burlington. Offering an attractive 8.0% cap rate, this turnkey investment features 10 bedrooms across three units and is fully leased through May 2027 with signed leases and parental co-signers in place. Positioned in one of Burlington's strongest rental markets, the property benefits from consistent demand driven by its proximity to UVM, downtown employment centers, restaurants, entertainment, and public transportation. The building maintains a strong occupancy history and is currently 100% occupied. Property features include: 3-unit multifamily / triplex 10 total bedrooms 8.0% cap rate Fully leased through May 2027 Signed leases with parental co-signers 7 off-street parking spaces, including detached garage Coin-operated laundry for additional income Hardwood floors throughout Original built-in cabinetry and woodwork Three porches No-smoking property No-animal policy Strong rental history and occupancy record Operating expenses are enhanced by tenant-paid utilities, with tenants responsible for electricity, natural gas heat, and internet service. This Burlington multifamily investment combines stable cash flow, strong in-place income, and long-term appreciation potential in a highly desirable walk-to-campus location. The combination of an 8.0% cap rate, 10-bedroom configuration, ample parking, tenant-paid utilities, and leases secured through May 2027 makes this a compelling opportunity for investors seeking immediate returns and predictable income. Investment Highlights Burlington, Vermont University of Vermont (UVM) location Walk-to-campus investment property Fully leased through May 2027 8.0% cap rate 100% occupied Tenant-paid utilities Coin-operated laundry income Downtown Burlington

Property Location

86 North Union Street Burlington

Property Details

List Price  1,295,000 Bedrooms  10 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1925
MLS#  5095537 Lot Size  0.09 Acres Taxes $16,245
Type  Multi-Family Days on Market  2 Days Tax Year 2025
Units  3 Stories  2 Road Frontage  126
Annual Income  $131,340 Style   Water Frontage  
Annual Expenses  $0 Finished  2,632 Sqft Construction  No, Existing
Zoning   R3 Above Grade  2,632 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Jun 17th, 2026
Gross Income  $131,340 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   6 Beds, 1 Baths, $5,940/Monthly Unit 2   3 Beds, 1 Baths, $3,000/Monthly
Unit 3   1 Beds, 1 Baths, $1,940/Monthly
Construction
BasementWalkout, Bulkhead, Unfinished, Interior Access, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Asphalt Shingle HERS Index  
Directions
Lot Description, Corner, Near Public Transport
Garage & Parking  Yes
Road Frontage  126 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  R3
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel  , Monitor Type Excluded  
Heating/Cool  None, Hot Water, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-15202
Loading

† The remarks published on this webpage originate from Listed By Chad Dion of Chad Dion 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.