Burlington VT Multi-Family Homes

MLS Number 4976648

• Multifamily
• Units 10
• Acreage 0.5
• Square Feet 10,852
• PricePerSqFt 322.06

An Exceptional Investment Opportunity! This property consists of ten total units, eight 3-bedroom, 1.5-bath condos built in 1985 and a two-story attached duplex constructed in 1930, all within the Opportunity Zone. The interiors of all units have recently received fresh paint, and many boast upgraded flooring. Exterior enhancements include compliance with zoning regulations, such as new sidewalks and curbing, illuminated by energy-efficient LED lighting. The driveway has been leveled for added convenience, and a protective fence now shields the previous surface while enhancing curb appeal. This investment is already above a 6% cap rate, with substantial net operating income (NOI) and 100% occupancy over many years. With minimal investment and strategic rental turnover, there's significant potential to increase the NOI. This can substantially elevate the property's overall valuation. Moreover, an exceptional management company is in place to expertly navigate the property's operations, drive revenue, and ensure a hassle-free investment experience. Take advantage of this outstanding opportunity for a high-yield, value-increasing investment.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

MLS Number 4965053

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.08
• Square Feet 1,579

Once in a lifetime opportunity to own a fantastic property nestled along the tranquil shores of Lake Champlain! This captivating residence offers an unparalleled blend of elegance, comfort, and natural beauty. Boasting panoramic views of the glistening waters and surrounding mountains, this lakeside retreat presents an exceptional opportunity for those seeking a harmonious blend of modern luxury and idyllic serenity. Not only can you enjoy the beautiful lake, but you're walking distance to Downtown Burlington, Battery Park, shopping, restaurants, breweries, shopping, entertainment and more! With two units, this is the perfect opportunity to occupy one (either year round or as a seasonal retreat!) and rent the other, or rent both for a sensational portfolio boost! This property is currently in use as a highly sought after AirBnB with fantastic income potential! Don't miss your chance to own this exceptional lakeside residence!

Listed by Hank Gintof Jr. of Signature Properties of Vermont

MLS Number 4976296

• Multifamily
• Units 3
• Bathroom 3
• Square Feet 3,140
• Acreage 0.11

Located in the heart of Burlington near UVM and downtown. 3 units with 10 bedrooms. Corner lot with covered porches and ample parking. Many recent updates, leased through 2025.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4972037

• Multifamily
• Units 2
• Bathroom 2
• Square Feet 2,434
• Acreage 0.11

Well-located Burlington duplex with 3 bedrooms each, 1st floor unit offers 1.5 baths. Fully rented through Spring 2025. Turn-key student rental property with separate utilities, coin-op laundry on-site, off-street parking including a 2-bay garage for storage or potential additional income. Small yard to maintain, tenants love the outdoor space. Prime student rental neighborhood located on a secluded one-way street only blocks from Church Street, City Market, and a vibrant downtown, plus easy access to colleges and hospital.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4974743

• Multifamily
• Units 3
• Bathroom 3
• Square Feet 2,591
• Acreage 0.09

Well maintained 3 unit investment property situated in the heart of Burlington's North End! Within walking distance to all of this areas amazing amenities including local schools, restaurants, church street shopping, the waterfront, nearby trails, recreation and more! Meticulously maintained by the current owner for 23 years with solid rental history and fully occupied with long standing tenants (mostly month to month), this makes the ideal property for any investor looking to add stable rental income to their growing portfolio. The first and second floor units are nicely appointed each featuring 3 bedrooms and a full bath spread out over nearly 950 sqft while the third floor 1 bedroom, 1 bath unit affords over 700 sqft of recently updated living space including all new LVP flooring and fresh paint throughout! Each apartment features a private covered porch at the front and backs of the building with direct access to the partially fenced backyard. 3+ off street parking spots, separate meters for all utilities (including water/sewer if desired), a prime location and an excellent cap rate make this a great opportunity. Take advantage of this outstanding investment opportunity with plenty of room for increased future potential!

Listed by Flex Realty Group and Elliot Rocheleau of Flex Realty

MLS Number 4974446

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.06
• Square Feet 2,005

Attention investors and owner-occupants! If you're looking for a lucrative investment opportunity or a place to call home, this duplex in the heart of Burlington's Old North End is a must-see. A 9% cap rate makes for a cash-flowing investment in a great Old North End location. The upstairs apartment is a large 3-bedroom with recent upgrades including new luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel range and fridge. The addition of a brand-new natural gas Rinnai heater ensures efficient, cozy living. Tenants will appreciate the spacious bedrooms, large living room, and balcony. The upstairs unit is move-in-ready for new tenants or an owner-occupant. The downstairs apartment is currently occupied by month-to-month tenants; it is a 3-4 bedroom with washer & dryer in the unit. Residents enjoy quick access to Downtown Burlington and Winooski, plus all that the ONE has to offer. A 5 minute walk to Jake's ONE Market, Taco Gordo, Barrio Bakery, and more! Group Showing on Friday, 10/20, from 5-6 PM plus Open House on Sunday 10/22 from 11AM-1PM.

Listed by Tanner Faucett of Element Real Estate

MLS Number 4976336

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.11
• Square Feet 2,263

Duplex with 6 bedrooms located just a 1/2 block from Pearl Street! Bright and spacious units. Recent upgrades include new flooring, kitchen and bathroom remodel. Fully leased through 2025. Great lot with garage, parking, and sweet backyard!

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4944178

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.04
• Square Feet 1,791

Old North End duplex offering a 3-bedroom, 1.5-bath apartment downstairs plus 1-bedroom, 1-bath upstairs. The downstairs unit had numerous renovations in 2019 and offers laundry in the basement. Separate utilities. Some off street parking. Located directly next door to Barrio Bakery to grab your morning coffee, baked goodie, or quick lunch! Great neighborhood just minutes to other restaurants, a yoga studio, local market, and more! Plus easy access to Church Street Marketplace, the Lake Champlain waterfront, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4971031

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.08
• Square Feet 1,400

Invest in Burlington! This 4-bedroom duplex offers 2 bedrooms in each unit and is perfect for an owner-occupier or investor. Only blocks from Church Street, with easy access to the bike path and Lake Champlain Waterfront. Downstairs unit is nicely renovated including kitchen and bathroom, flooring, and paint with laundry in unit. Tenants enjoy easy access to colleges, UVM Medical Center, and downtown.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4968112

• Multifamily
• Units 2
• Bathroom 2
• Square Feet 1,944
• PricePerSqFt 184.67

Attention investors. This property is 2 condos together duplex style and part of a larger association. Downstairs unit features 3 bedrooms and a full bath with a great open sunny layout. Upstairs boasts 2 bedrooms and a full bath. These units sparkle with recent upgrades that include baths and flooring. The both benefit from updated kitchens. The heaters have been replaced for both units and have their own separate utilities. Great tenants in place and an amazing location moments from downtown, right near the Intervale and just down from the medical center.

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

MLS Number 4968268

• Multifamily
• Units 2
• Acreage 0.22
• Square Feet 1,291
• PricePerSqFt 231.6

Don't miss this excellent investment opportunity! Burlington duplex with separate utilities including a vacant and recently remodeled 2-bedroom, 1-bath unit in front, ideal for owner occupiers, and an occupied 1-bedroom, 1-bath in back. Front apartment offers a lovely covered porch, new flooring and paint throughout the interior, plus new kitchen cabinets and countertops. Still a little work left to do in this unit, but ready for your personal finishing touches! Back unit features hardwood floors, an open floor plan, large bedroom plus access to the basement. Plenty of parking in the driveway and some private yard space for both apartments. Across the street you'll find the bike path plus a trail down to the Salmon Hole/ Winooski River access for fishing! Minutes to both downtown Winooski and downtown Burlington plus easy access to UVM/Medical Center, other colleges, and I-89. Being sold AS-IS.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4947830

• Multifamily
• Units 3
• Acreage 0.1
• Square Feet 1,820
• Area In Town

This property in Burlington offers a remarkable investment opportunity for those with creative vision and renovation skills. Originally a single-family home, it has been converted into three separate units, making it a versatile and potentially profitable investment. The property consists of two studio apartments and one spacious one-bedroom apartment, providing various options for rental income. Additionally, there is ample storage space on the premises, a valuable feature for tenants. Off-street parking is available, enhancing the property's convenience and attractiveness to potential tenants. This amenity is particularly appealing in areas with limited parking options. The property is already equipped with electrical infrastructure, and the rooms have been framed with the necessary permits in place. You can find additional plans and details about the property on the City of Burlington's property database. The location is highly advantageous. It is near Jakes ONE Market, trendy eateries, public transportation options, and Downtown Burlington. This makes it appealing to potential tenants who seek easy access to amenities and the city center.

Listed by Robbi Handy Holmes of BHHS Vermont Realty Group/S Burlington