Burlington VT Multi-Family Homes

21-25 Elmwood Avenue Burlington VT 05401

Burlington, VT21-25 Elmwood Avenue

Price$2,925,000

Est. Mortgage: $/month

MLS Number 4980375

  • Multifamily
  • Units 19
  • Acreage 0.26
  • Square Feet 9,987
  • PricePerSqFt 292.88

A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already a 8% cap rate with easy room for improvement.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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61 Elmwood Avenue Burlington VT 05401

Burlington, VT61 Elmwood Avenue

Price$2,395,000

Est. Mortgage: $/month

MLS Number 4980374

  • Multifamily
  • Units 16
  • Bathroom 16
  • Acreage 0.3
  • Square Feet 8,736

The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is 7%, with the ability to quickly increase the monthly rents within year one of ownership.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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86 North Union Street Burlington VT 05401

Burlington, VT86 North Union Street

Price$1,500,000

Est. Mortgage: $/month

MLS Number 4991483

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.09
  • Square Feet 2,632

3 units, 10 bedrooms, 3 porches, coin operated laundry, 7 off street parking spaces- includes garage. Hardwoods everywhere! Some original built ins. Fully leased until May 2025-parental cosigns in place. No animals. Tenants pay for electric, gas heat, and internet. No smoking. 100% full. Tenants love the proximity to Downtown & UVM.

Listed by Chad Dion of Chad Dion Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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254 & 256-258 Pearl Street Burlington VT 05401

MLS Number 4994688

  • Multifamily
  • Units 4
  • Acreage 0.31
  • Square Feet 6,056
  • Utilities Cable - Available

Downtown mixed-use property with 2 buildings on 2 separate lots being sold as a package. Building 1 is a mixed-use property with a well-established dental office on the first floor and two 2-bedroom apartments on the second floor. The walk-up attic with impressive vaulted ceiling offers potential. Located right next to Pearl Street Beverage with plenty of parking spaces. Building 2 is a single-family home with 1,780 sq. ft., 2 bedrooms, 2 updated full bathrooms, attached garage, nice yard, and parking.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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28-32 Park Street Burlington VT 05401

Burlington, VT28-32 Park Street

Price$1,350,000

Est. Mortgage: $/month

MLS Number 4983691

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.05
  • Square Feet 4,442

Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and Church Street, these units never have a vacancy. The building was fully rebuilt in the 1990's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.

Listed by Erin Dupuis of Vermont Real Estate Company

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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13 Lakeview Terrace Burlington VT 05401

Burlington, VT13 Lakeview Terrace

Price$1,300,000

Est. Mortgage: $/month

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

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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64-66 Adams Street Burlington VT 05401

Burlington, VT64-66 Adams Street

Price$995,000

Est. Mortgage: $/month

MLS Number 4997213

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.18
  • Square Feet 3,656

Charming duplex located in the heart of downtown Burlington, Vermont, featuring two spacious apartments, each with 3 bedrooms. Both units boast updated kitchens, ideal for modern living. The property includes durable slate and standing seam roofs, ensuring long-term reliability. Energy efficiency is enhanced with updated insulation in the attic and on basement sills. The attic holds potential for conversion into an additional finished room, adding to the living space. A 2-car detached garage provides ample parking and storage. Currently owner-occupied, the lower unit generates rental income, covering most ownership costs. The lower unit is rented below market value out of loyalty to long-term tenants, presenting an opportunity for future rental income increase. Residents will appreciate the convenience of a short walk to downtown Burlington, the University of Vermont, and Champlain College, making it an ideal location for students, faculty, and professionals. This property blends modern updates with classic charm in a prime location, perfect for investors or those seeking a home with additional income potential.

Listed by Kathleen OBrien and Patrick O'Connell of Four Seasons Sotheby's Int'l Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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256-258 Pearl Street Burlington VT 05401

Burlington, VT256-258 Pearl Street

Price$919,000

Est. Mortgage: $/month

MLS Number 4994686

  • Multifamily
  • Units 3
  • Acreage 0.17
  • Square Feet 4,276
  • Utilities Cable - Available

Large, 4,276 SF, 3-unit mixed-use property with a well-established dental office on the first floor. The second floor offers two spacious 2-bedroom apartments with potential to expand into the expansive walk-up attic with vaulted ceiling. Tenants pay heat and electricity. Unbeatable downtown location with plenty of parking and a strong upside on rents.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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325 Flynn Avenue Burlington VT 05401

Burlington, VT325 Flynn Avenue

Price$849,000

Est. Mortgage: $/month

MLS Number 4995330

  • Multifamily
  • Units 2
  • Acreage 0.18
  • Square Feet 2,580
  • Utilities Cable - Available

Discover the epitome of Burlington living in this remarkable duplex nestled in the coveted south end. Boasting timeless charm and modern convenience, both units feature soaring high ceilings, meticulously renovated kitchens, and stunning original woodwork that exudes character. Ideal for diverse investment opportunities, this property is perfect for owner occupancy, long-term rentals, or even a lucrative bed and breakfast venture. Unlock the potential for expansion with the insulated attic space, allowing you to tailor the property to your needs. The large dry basement offers ample storage or additional living space possibilities. Relax and unwind in the beautiful three-season and four-season porches, offering serene views of the expansive backyard, perfect for outdoor gatherings or peaceful retreats. Conveniently topped off with a detached two-car garage, this duplex presents a rare opportunity to own a piece of Burlington's finest real estate. Don't miss out on the chance to make this exceptional property your own. Delayed showings until 5/17/24. Open house Sunday 5/19/24 1-3pm

Listed by Flex Realty Group and Giles Wagoner of Flex Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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22 Orchard Terrace Burlington VT 05401

Burlington, VT22 Orchard Terrace

Price$769,000

Est. Mortgage: $/month

MLS Number 4992296

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

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, and 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

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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82-84 Loomis Street Burlington VT 05401

Burlington, VT82-84 Loomis Street

Price$745,000

Est. Mortgage: $/month

MLS Number 4982010

  • Multifamily
  • Units 2
  • Acreage 0.1
  • Square Feet 1,824
  • Utilities Cable - Available

Both units have off-street parking, spacious porches, and access to basement for storage and laundry. Tenants pay utilities. Well-maintained updated property with newer high-efficiency boilers, original stained glass, and wood trim details. Invest in Burlington VT!

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2-4 Decatur Street Burlington VT 05401

Burlington, VT2-4 Decatur Street

Price$709,000

Est. Mortgage: $/month

MLS Number 4990286

  • Multifamily
  • Units 3
  • Acreage 0.06
  • Square Feet 2,368
  • Utilities Other

On the corner of Decatur Street and Intervale Ave., this triplex is a fantastic opportunity. With two units currently rented, and one unit soon to be vacant, this property offers the possibility to owner occupy or to add to your investment portfolio. There are 2 1 bedroom/1 bathroom units, and 1 2 bedroom/1 bathroom unit, and they all enjoy their own level, which creates a sense of privacy between apartments. The garden level and second level apartments feature updated kitchens with new cabinets, refrigerators and ranges. The second floor apartment is the vacant unit, and boasts hardwood flooring throughout the bedroom, flexible bonus room and living room, with a well appointed kitchen and bathroom and direct access to the small backyard. A small driveway provides off-street parking for 2 vehicles, and there is on-street parking available on both Decatur Street and Intervale Ave. Located just minutes to downtown Burlington. The nearby city of Winooski is a quick 5 minute drive, and the Intervale is right down the road. 100% of proceeds of this sale will go towards providing new housing in Burlington.

Listed by Amanda Headley of Ridgeline Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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30 Clymer Street Burlington VT 05401

Burlington, VT30 Clymer Street

Price$625,000

Est. Mortgage: $/month

MLS Number 4995013

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.13
  • Square Feet 1,302

Charming Burlington duplex located on a quaint dead end street. Occupancy has been 100% during 20+ year ownership. Owners have maintained and taken pride as landlords. The downstairs unit is ready for the next owner to occupy or can easily be rented. It has in-unit laundry, beautiful hardwood floors in the bedrooms and though out, a lovely enclosed sun porch, and bright living room. Upstairs is a cozy 2-bedroom unit that is leased through 5/25. Tenants pay utilities. Very close to Lake Champlain, schools, restaurants, shopping, downtown, UVM, Champlain College, UVM Medical Center and the bus line. Call today to view!

Listed by Michelle Desautels of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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232-234 Curtis Avenue Burlington VT 05408

Burlington, VT232-234 Curtis Avenue

Price$580,000

Est. Mortgage: $/month

MLS Number 4992490

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.24
  • Square Feet 1,590

Exceptional Duplex In A Beautiful Location In The City Of Burlington! Low Traffic Area! Sweet Dog Park Is A Stone;s Throw Away! Wonderful Community Gardens Nearby! World Renowned Burlington Bikeway Offers Views Of Our Glorious Lake Champlain That Are Simply Heavenly! Two Two Bedroom, One Bath Rentals! Common Staircase Shared To Their Private, Separately Doored Basemnt Storage Spaces! No Egress! Splendid Yard! Sidewalks On Both Sides Of The Curtis Avenue City Street. Sellers Recently Painted Their Home! New Architecturally Shinged Roof! Close By Schools, Churches, Shopping, Public Transportation, Beaches And More! Side By Side Portfolio Investment!!!

Listed by Gregory Clairmont of Greg Clairmont and Associates .

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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35-37 Rose Street Burlington VT 05401

Burlington, VT35-37 Rose Street

Price$549,900

Est. Mortgage: $/month

MLS Number 4995695

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.15
  • Square Feet 1,404

Classic Burlington duplex located at 35-37 Rose Street. Large 3 bedroom 1st floor unit will be vacant on June 1, 2024. Excellent owner occupied opportunity or perfect for an investor at a 6.8% CAP rate. 3 Bedroom unit is filled with natural light, 1 full bathroom, hardwood floors and an updated kitchen with granite counter tops. 2nd Floor unit has an excellent rental history and has 1 bedroom and 1 full bathroom. Possible development potential on this large double lot; 2 curb cuts. Large 2 car garage and ample parking make this a very attractive turn-key investment. Conveniently located on quiet Rose Street in the Old North End. Easy access to Church Street Marketplace, Burlington Greenway and the Waterfront.

Listed by Bryce Gilmer of Vermont Real Estate Company

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205 North Winooski Avenue Burlington VT 05401

MLS Number 4990369

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.05
  • Square Feet 1,791

Excellent opportunity for Owner Occupy or purchase as an investment property that has a solid rental history! Move in as soon as October 2024 for Unit 1 or January for Unit 2! This duplex offers, in three words, convenience, convenience, convenience! Step out the door for Barrio Bakery, dinner at Taco Gordo (as seen on Diners Drive-ins & Dives), bike or walk to UVM Medical Center (approx. 1 mile), University of Vermont, Lake Champlain College, downtown Burlington, Church Street Marketplace (Ben & Jerry's), City Market, Lake Champlain Waterfront, a variety of schools, restaurants, shopping, Vermont Lake Monster baseball games and countless events (annual Waterfront Fireworks and City Marathon anyone?). The culture is endless catering to anyone's lifestyle! This property is a 2-unit duplex style! The downstairs (Unit #1) features 3 bedrooms with a large first floor Master and 2nd bedroom plus an expansive flexible 3rd (can also be office, nursery, exercise area) with 2 large closets, sunny expansive kitchen, a full bath, a half bath, and spacious living room! The upstairs Unit #2 boasts a considerable kitchen (new flooring) connected to what could be a formal dining room, a HUGE living room, 1-bedroom, full bath, large bright rooms with front and back 3 season porches! The front porch is 16' x 6'; imagine the ambiance while working remotely on your laptop while sipping coffee or hosting friends for a cocktail! There is a 2-car driveway plus public on street parking in front!

Listed by Robin Shover of KW Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 26, 2024 2:08 PM EDT