For Sale Status
$1,295,000 List Price
Multi Type
10 Beds
3 Baths
2,632 Sqft
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Burlington
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
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 |

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