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Listed by Lipkin Audette Team • Coldwell Banker Hickok and Boardman • Phone: 802-846-8800
$ 1,395,000
Est. payment | /mo
10 Beds
10 Baths
5,017 SqFt
$ 1,395,000
Est. payment | /mo
10 Beds
10 Baths
5,017 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,017 sqft
Price per Sqft $278
MLS Listing ID 5088609
Bedrooms 10
Full Baths 10
Construction Status Existing
Year Built 1845
Annual Tax Amount $30,734
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Buyer Opportunity: Well-Located 10-Unit Investment with Strong Cash Flow & 9%+ Cap Rate. Rare opportunity to own a 10-unit multi-family property in one of Burlington's most sought-after downtown locations, directly across from Battery Park and moments from the waterfront, bike path, Church Street, restaurants, and downtown employers. The property includes two buildings with a strong unit mix made up of highly desirable and easy-to-rent 1-bedroom and studio apartments - layouts that continue to see consistent demand from tenants seeking downtown living with ample parking! The front brick building contains 4 distinctive apartments, while the rear building offers 6 single-level apartments with straightforward layouts. Well-maintained with fresh paint and tenants paying heat and electric, this property offers easy-to-rent apartments with laundry and a strong cash return in a premier Burlington location!
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning RH
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable Available
Roof Type Shingle,Slate
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Nearby Locations
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