Burlington VT Multi-Family Real Estate, Homes for Sale

21 Units | 70 Bedrooms | 11% Cap Rate | Burlington, Vermont - Exceptional opportunity to acquire a 21-unit multi-family portfolio consisting of 7 well-maintained buildings in one of Vermont's strongest rental markets. Featuring 70 bedrooms, extensive property upgrades, and strong in-place cash flow, this portfolio offers immediate income with long-term appreciation potential. Ideal for investors seeking scale, stable operations, and a high-yield asset in the coveted Burlington Vermont rental market.

1 Btv Investment St, Burlington

$635,000

5101389 MLS

Well maintained, fully leased duplex in a prime Burlington rental location, offering steady income and long term appeal. The building features one two bedroom unit and one spacious three bedroom unit, each with a full bath and a functional, efficient layout. The three bedroom adds a finished third floor attic space with a half bath, giving that unit extra room to spread out. First floor unit is leased through June 1, 2027, second floor unit is leased through December 2026, so income is in place from day one. Consistent care over the years means less deferred maintenance for the next owner. Additional features include a clean basement with designated storage for each unit, shared laundry, and two off street parking spaces in the driveway. The smaller lot keeps ongoing upkeep straightforward. Situated in a high demand location between UVM and Church Street, this is a compelling opportunity for investors, owner occupants, or parents seeking housing for their college age children.

78-80 Loomis St, Burlington

$515,000

5101201 MLS

Solid brick duplex in Burlington's Old North End featuring a two-story front deck overlooking the Integrated Arts Academy grounds. The property offers ample off-street parking, separate utilities, and tenants pay their own heat and electricity, for low operating expenses. Recent improvements include updated flooring, kitchens, and bathrooms, making this a strong opportunity for investors or owner-occupants. The location offers convenient access to neighborhood amenities, including the weekly Farmers Market every Tuesday, local restaurants, parks, and downtown Burlington.

87 Spring St, Burlington

$700,000

5098546 MLS

Welcome to 78 Pitkin Street! This thoughtfully updated and well-maintained duplex on one of the Old North End's most sought-after streets is perfect for an owner-occupant or an investor. Enter the first-floor unit from the covered front porch to find high ceilings and beautifully refinished wood floors throughout. The updated kitchen features stainless steel appliances, granite countertops, and plenty of cabinetry. The bathroom was renovated in 2025, including a tiled shower. A large living room, dining room, and two bedrooms round out this unit. For access to the second-floor unit, head around back to the covered porch. You'll enter to find another renovated kitchen with wood cabinetry, butcher block counters, and a large granite island. The kitchen flows seamlessly into the dining room. The living room has two storage closets plus space for a home office. The covered front balcony is ideal for enjoying your morning coffee while overlooking charming Pitkin Street. This unit also has refinished hardwood floors, contributing to the charm. Both units are flooded with natural light thanks to an abundance of windows. Tenants and owner-occupants alike will appreciate that each unit has its own washer and dryer, dishwasher, and generous storage, including the first floor's covered mudroom with space for outdoor gear. The private fenced back yard is set back from the street - perfect for gardening and entertaining, plus room for your furry friends! The driveway offers two parking spots in addition to plenty of street parking. Enjoy the convenience of quick access to Downtown along with all that the Old North End has to offer. This prime location is walking distance to Barrio Bakery, Jake's O.N.E. Market, Taco Gordo, Scout & Co., and more Burlington favorites! Lovingly cared for over the years, 78 Pitkin Street is a rare opportunity to own a beautifully maintained duplex in one of Burlington's most desirable neighborhoods. Schedule your private showing today!

78 Pitkin St, Burlington

$1,249,900

5098360 MLS

**Prime Burlington Investment Opportunity!** Perfectly positioned in one of Burlington's most desirable downtown locations, this classic 4-unit multi-family property offers investors an exceptional opportunity to own a piece of the city's history while unlocking significant upside potential. Just a short stroll to the scenic shores of Lake Champlain, Waterfront Park, Church Street Marketplace, the Burlington Bike Path, restaurants, shopping, entertainment, and UVM, this location continues to attract strong rental demand year after year. This well-maintained building blends timeless character with outstanding value-add potential. Two apartments are currently occupied, while two additional units have recently been refreshed and are turnkey, rent-ready, and actively being marketed for new tenants. Another long-term occupied unit presents an excellent opportunity for future cosmetic improvements and increased rental income upon turnover. Current gross rental income is approximately **$110,100 annually**, with projected rents nearing **$126,300**, offering investors a clear path to increased cash flow through continued optimization. At the current asking price, the property offers an attractive **6.64% cap rate**, with the potential to achieve approximately a **7.84% cap rate** once stabilized at market rents. Financials also reflect strong upside through strategic management and continued improvements. Whether you're expanding an existing portfolio, completing a 1031 exchange, or seeking a value-add investment in one of Vermont's strongest rental markets, this property checks all the boxes with an unbeatable location, immediate income, future appreciation potential, and significant room to maximize returns. Opportunities like this in the heart of Burlington are increasingly difficult to find—don't miss your chance to capitalize on this exceptional investment.

24-28 North St, Burlington

$309,000

5098174 MLS

The perfect location at an amazing price! With a little love, this property could thrive! Ideal rental opportunity for any investor or owner occupant. This property has direct views to the beautiful Lake Champlain coastline. Could be used as long term rentals. Or rented September-May. Then short term for July-August, so others can enjoy the views and convenience to Burlington Bay. Steps from the infamous Beansie's bus and central to all major events the community has to offer. Truly an unpolished gem at an affordable price.

46 48 North Ave, Burlington

$525,000

5097441 MLS

Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex at 73-75 North Champlain Street offers immediate cash flow with significant upside. Currently generating $3,700 per month in rental income, the property is rented below market, presenting an excellent opportunity for investors to increase returns over time. Each unit features spacious living areas, hardwood flooring, generous bedrooms, and classic Burlington charm with period details throughout. The flexible layout appeals to both long-term tenants and owner-occupants seeking to offset their mortgage with rental income. Each unit comes with its own driveway for valuable off-street downtown parking. Ideally located just minutes from downtown Burlington, the waterfront, UVM, Champlain College, restaurants, shopping, and public transportation, this property is well-positioned in one of the city's strongest rental markets. Whether you're looking to expand your investment portfolio or purchase an owner-occupied multifamily with future income potential, this duplex delivers an exceptional combination of location, character, and value. Current gross rental income: $3,700/month with upside potential through market-rate rents.

73-75 N Champlain St, Burlington

$469,000

5096275 MLS

Investment opportunity in Burlington's sought-after Old North End! This well-maintained duplex offers the flexibility of owner-occupancy or investment ownership, with a vacant one-bedroom apartment ready for immediate occupancy and a fully leased lower unit providing rental income from day one. The refreshed upper apartment features new flooring, fresh paint, updated fixtures, updated cabinetry, and newer appliances, creating a clean, comfortable, move-in-ready living space. Pride of ownership is evident throughout, with durable finishes, thoughtful updates, and consistent maintenance contributing to a turnkey experience. Long-term ownership and stable tenant relationships have contributed to below-market rents, offering future income growth potential. Enjoy a highly walkable location just steps from Burlington's favorite restaurants, coffee shops, bakeries, yoga studios, Jake's Market, the ONE Farmers Market, schools, and downtown amenities. Whether you're seeking an owner-occupied multi-family, a starter investment property, or an income-producing duplex to add to your portfolio, 76 Ward Street offers a great opportunity in one of Burlington's most desirable neighborhoods.

76 Ward St, Burlington

$1,950,000

5095783 MLS

A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms with a history of being rented for $1,100 per bedroom and coin operated washers and dryers bringing in a gross income of over $213,000 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $162,000 or a 8.30% CAP rate, above the market average. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

21 Hyde St, Burlington

$1,295,000

5095537 MLS

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

86 N Union St, Burlington

$599,900

5094975 MLS

Don’t miss this charming duplex in the heart of Burlington, offering an excellent opportunity for both owner-occupants and investors. Each unit features three bedrooms, one full bath, and separate utilities for added convenience. The first-floor unit is vacant and ready for immediate occupancy, showcasing a welcoming front porch, beautiful hardwood floors, classic French doors, and direct access to the basement. The second-floor unit offers hardwood floors, three spacious bedrooms, one full bath, and a private back porch, and is currently leased through the end of July. Additional highlights include laundry hookups in the basement, off-street parking for up to four vehicles, and a manageable yard that’s easy to maintain. Ideally situated near UVM, the UVM Medical Center, local colleges, Church Street Marketplace, and the Burlington Waterfront, this property combines comfort, convenience, and a highly desirable location. Whether you're looking for a place to call home while generating rental income or seeking a solid investment property, this duplex is a fantastic opportunity.

47-49 Greene St, Burlington

$639,000

5094424 MLS

Exceptional investment opportunity in one of Burlington’s most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.

214-216 Pine St, Burlington

$650,000

5093240 MLS

Updated duplex on a large corner lot in sought after South End University district. Almost $175,000 worth of updates over the past 6 years. Excellent rental history. Termendous potential to expand building to increase income by adding a 3rd unit or bedrooms to existing units. Unit 2 currently has 3 rooms that can function as bedrooms. Parking and green space for more bedrooms or units already exist with the large side yard and recently paved 6+ parking spot driveway. Walk to UVM, the Medical Center, Champlain College, downtown and the South End shops and restaurants. Perfect for owner-occupancy or as a tremendous investment property. The current owner has taken this building to the next level both mechanically and cosmetically. Recent updates include extensive remodeling of the 2nd and 3rd floors. Updates to Apt #2 include: new hardwood floors, a new kitchen with granite countertops, stainless steel appliances, a gas range, hood fan, baseboard heat, Mission-style masonite interior doors, light fixtures, and a tile shower and floor in the 3/4 bath. Both interior stairways have been rebuilt with risers and hardwood treads. Other structural updates include replacing or repairing all roofs, repointing bricks, paving the driveway, and replacing multiple windows. Mechanical upgrades include extensive electrical and plumbing in both units and the basement. Washer and Dryer hookups added for Apt #2. Both units have private laundry. Apt #1 is in great condition, featuring vinyl flooring in kitchen, stainless steel appliances, large side insulated porch with vinly windows, pine beadboard ceiling and walls. See the feature sheet for more details. All dimensions and estimates are approx. Apt #2 currently vacant & ready for new tenants or owner-occupy. Historically rented under market to long term tenants. Gross income based on projected market rents of $2200 unit 1 and $2800 for unit 2. Sqft Apt #1 includes finished porch.

Burlington

$659,000

5091803 MLS

INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, sidewalks, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history and long-term tenants makes this a great investment opportunity. Listing Agent related to seller

44-46 Sherman St, Burlington

$699,000

5091360 MLS

Excellent opportunity to own a fully occupied 4-unit multifamily property in Burlington’s sought-after Old North End. Situated just minutes from downtown, the waterfront, local restaurants, shopping, and public transportation, this income-producing property offers strong rental history with all units currently leased to long-term month-to-month tenants. The building has been well cared for over the years and features off-street parking, separate living spaces, and attractive interior finishes including hardwood and vinyl flooring in select units. Several units are equipped with efficient Rinnai heaters, and the exterior has recently been refreshed with new paint, adding to the property’s curb appeal. Whether you’re looking to expand your investment portfolio or pursue an owner-occupied opportunity with supplemental rental income, this Burlington multifamily presents excellent potential in a highly convenient location close to everything the city has to offer. Owner is a licensed realtor.

64 Hyde St, Burlington

$599,000

5091358 MLS

Fantastic opportunity to own a well-located triplex in Burlington’s highly desirable New North End. Set on a spacious corner lot shaded by mature trees, this multi-family property offers strong investment potential in one of Burlington’s most sought-after rental areas. The building features a mix of roomy 1-bedroom and 2-bedroom apartments with practical layouts and attractive hardwood flooring throughout many living spaces. Tenants enjoy the generous outdoor space, offering plenty of room to relax, entertain, or enjoy the peaceful setting rarely found in city properties. The property also includes separate utilities for added convenience and management flexibility, making it an appealing option for investors looking to streamline expenses. Ample off-street parking is available along with a detached 2-car garage, providing valuable storage and parking options for tenants or owners alike. Ideally situated close to everyday amenities, this property is just minutes from local shopping centers, grocery stores, restaurants, schools, and public transportation. Outdoor enthusiasts will appreciate nearby access to Leddy Park, Burlington’s public beaches, walking and biking paths, and Lake Champlain recreation. Downtown Burlington, Church Street Marketplace, UVM Medical Center, and Colchester are all within easy reach, further enhancing the property’s rental appeal. Whether you’re expanding your portfolio, seeking an owner-occupied investment opportunity, or looking for a property with long-term upside in a prime Burlington location, this triplex offers an exceptional chance to invest in Vermont real estate with strong tenant demand and excellent location advantages. Owner is a licensed Realtor

1480 North Ave, Burlington

$565,000

5089540 MLS

Ideally located at the edge of Burlington’s Old North End and Downtown, this well-maintained Duplex offers strong rental history and exceptional flexibility for both investors and owner-occupants. Just minutes from Church Street Marketplace, Battery Park, the bike path, Lake Champlain Waterfront, and local schools, the property features two spacious units with separate utilities, original woodwork, basement laundry, and two tandem off-street parking spaces. One unit is occupied by a long-term tenant, while the vacant unit presents an excellent opportunity for owner occupancy or additional rental income. Compliant with all local and state housing codes, this property has seen numerous recent improvements including new kitchen appliances and flooring in the upper unit (2025), capped and waterproofed chimneys plus replaced siding (2024), a new water heater (2023), and a replaced York furnace (2021). A turnkey opportunity in a highly desirable Burlington location, perfect for expanding your portfolio or building owner-occupied equity.

25 Peru St, Burlington

$1,650,000

5089323 MLS

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, thisrare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four ofthe units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area providesample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoyimmediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, theUniversity of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access tomajor roadways and public transportation adds even more appeal for long-term tenants. Whether you’re looking to expand your portfolio or invest in one of Burlington’smost desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning Districtwhich offers even further redevelopment potential, reach out for more specific details!

76 Ethan Allen Pkwy, Burlington

$660,000

5089155 MLS

At the corner of Monroe St and North Champlain, 30-32 North Champlain St is ideally located just one block from Battery Park and moments from the waterfront, bike path, and downtown Burlington. The spacious fenced yard creates a rare sense of privacy and green space for both units right in the middle of the city with development opportunity. Unit 1 features a flexible 4-bedroom layout with 2 bedrooms and 1 bathroom on each level, 1/2 bath upstairs, plus in-unit washer/dryer. Unit 2 offers a well-designed 2-bedroom layout with 1 bedroom and 1 bathroom on each level, also with in-unit washer/dryer. A strong opportunity for owner-occupants or investors seeking a well-located Burlington property.

30-32 N Champlain St, Burlington

$1,395,000

5088609 MLS

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!

18 Park St, Burlington

$1,550,000

5087342 MLS

Setting the standard. One of Burlington's top student rental properties, ideally located between campus and downtown on a dead-end street. Features include updated interiors, all newer bathrooms and kitchens, vaulted ceilings, hardwood floors, and spacious, well-designed layouts. Plenty of off-street parking, coin-op laundry, and tenant storage. Strong rental history with the property fully rented through May 2027.

26-28 Converse Ct, Burlington

$1,160,000

5087126 MLS

This 6-unit Burlington investment property combines stability with upside. Featuring two spacious 3-bedroom apartments and four well-sized 2-bedroom apartments. The property offers wonderful layouts, coin-op laundry, storage units, and plenty of on-site parking for tenants. Conveniently located on the edge of the New North End with easy access to downtown, bike path, and the waterfront.

1036 North Ave, Burlington

$735,000

5086924 MLS

132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.

132 Rivermount Ter, Burlington

$425,000

5086121 MLS

Awesome city location duplex with 3 bay garage and fenced in back yard. Easy walk to the bike path and Lake Champlain. The owner is a licensed Real Estate broker

Burlington

$599,000

5085798 MLS

210-212 North Willard Street offers a well-positioned duplex on a bright corner lot with strong rental appeal. Tenants pay for heat and electric and both units include washer/dryers. The property has flexible floor plans and includes a second-floor screened porch for beautiful outdoor living space. Plenty of off-street parking is a major plus in this location. Set in a highly desirable Burlington neighborhood with easy access to UVM, downtown, local markets, restaurants, and the waterfront, this is a solid opportunity for both investors and owner-occupants looking for reliable income in a proven rental area.

210-212 N Willard, Burlington

$439,000

5085532 MLS

Rare Opportunity in Burlington’s South End!! 10-12 Shelburne Street Burlington, VT 05401 Discover the perfect blend of style, versatility, and location at this stunning South End gem. Boasting 2,008 sq/ft of finished living space above grade, this property offers a unique "best of both worlds" scenario: the comfort of a spacious single-family residence with the lucrative zoning of a duplex. Flexible Layout & Easy Conversion The home is beautifully maintained and designed for effortless flexibility. Converting it back to a duplex is remarkably simple: First Floor: A generous layout with 2 bedrooms and 1 bathroom. Second Floor: A private 1-bedroom, 1-bathroom suite. Private Entry: A dedicated rear entrance is already in place for seamless split-occupancy. Living & Bonus Spaces Enjoy the quintessential Burlington lifestyle with exceptional indoor and outdoor amenities: Classic Porches: An expansive front porch for neighborhood waving and a cozy 3-season rear sunroom. Private Backyard: An intimate, fenced oasis perfect for gardening or relaxing. Attached 1-Car Garage: Currently used as a large storage room but easily converted back for vehicle use. Full Basement: Offers ample utility space and is partially finished, perfect for a home office or gym. Prime Location You are steps away from the Pine Street corridor, home to local breweries, the South End Arts District, and City Market. Enjoy quick access to the Burlington Bike Path and Oakledge Park for sunsets over Lake Champlain. Property Highlights: Zoning: Legal duplex (currently 3-bed, 2-bath single-family). Size: 2,008 sq/ft above grade on a 0.06-acre parcel. Potential: Ideal for an owner-occupant seeking rental income or investors alike. Properties with this character and configuration are a rare find in the South End. Don’t miss your chance to own a piece of Burlington’s most vibrant neighborhood! Schedule your private showing today!

10-12 Shelburne St, Burlington

$1,164,000

5084598 MLS

Spacious 14-bedroom duplex in a prime Burlington location! Recently painted and well-maintained, this unique property offers incredible versatility. Just minutes from UVM and the hospital, it has been successfully operated as a hostel in recent years, making it a proven income-generating opportunity. With ample space and a highly desirable location, this property is perfect for investors, group housing, or continued hospitality use. Don’t miss this rare opportunity in one of Burlington’s most sought-after areas!

36-38 S Union St, Burlington

$849,000

5083977 MLS

Well-maintained 4-unit investment property featuring three 2-bedroom apartments and one 1-bedroom unit. Turn-key multi-family property fully leased through May 2027. Located between UVM Campus and downtown, 31-33 Hickok Place is in an exceptional student rental property in an ideal location. Strong financials with separate heat and electricity paid by the tenants. Plenty of off-street parking, on-site coin-op laundry, and large rear decks all contribute to strong tenant appeal and retention. Expansion opportunity into an amazing attic space provides a rare opportunity for added value and reconfiguration. Strong opportunity for investors seeking consistent above market income with the potential to add value in an unparalleled student rental location!

31-33 Hickok Pl, Burlington

$1,150,000

5083392 MLS

Incredible opportunity to own a beautifully updated 3-unit property in Burlington’s highly desirable South End, offering stunning views of Lake Champlain from each apartment. This well-maintained building features three one-bedroom units, each thoughtfully upgraded with quality finishes and modern systems. Recent improvements include all new windows, Therma Tru exterior doors, and new flooring throughout. The bathrooms have been tastefully updated with tiled showers, and the property benefits from a new electrical service, upgraded plumbing, and an on-demand hot water system (2026). Additional highlights include energy-efficient mini-split systems, professional insulation for year-round comfort, and newly constructed covered porches with durable Trex decking perfect for taking in the lake views. Ideally located, this property offers easy access to the Burlington Bike Path, University of Vermont Medical Center, and the vibrant Church Street Marketplace. Enjoy close proximity to the Burlington waterfront, along with an array of local shops, restaurants, and all that downtown Burlington has to offer.A rare opportunity to own a turnkey multi-family property in one of Burlington’s most sought-after neighborhoods.

56 Wright Ave, Burlington

$6,950,000

5083112 MLS

Rare opportunity to acquire a fully renovated, income-producing multi-building portfolio in Burlington’s highly desirable Downtown Center (FD5) zoning district. 260 & 252 College Street offer a combined 20 residential units with 48 total bedrooms, ideally positioned for strong rental demand and long-term appreciation. 260 College Street features 14 units (45 beds) within a historically significant structure originally built in 1906 and thoughtfully converted to multifamily use. A comprehensive, unit-by-unit gut renovation completed in 2026 delivers modern systems and finishes throughout, including new kitchens, baths, electrical, plumbing, sprinkler system, and common boiler. The property benefits from high ceilings (up to 18’), maximizing livability and tenant appeal, while added bedrooms and newly created units enhance income potential. Additional capital improvements include secure gated access, camera system, exterior lighting, and upgraded common amenities, positioning the asset as a turnkey, low-maintenance investment. 252 College Street complements the offering with a fully renovated 3-unit building (completed 2025), converted from office to residential use. Each unit features modern finishes, in-unit laundry, and separate boilers, providing operational efficiency and strong tenant demand. Together, the properties offer diversified unit mix, separately metered electric, and significant recent capital investment across all major systems—minimizing near-term expenses. Located in a prime rental corridor near downtown amenities, employment, and universities, the portfolio is well-positioned for stable occupancy and continued rent growth. Ideal for investors seeking a turnkey asset with scale, strong cash flow potential, and long-term upside in one of Vermont’s most resilient rental markets.

252-260 College St, Burlington

$600,000

5082809 MLS

Exceptional turn-key Burlington duplex offering strong investment potential or an ideal owner-occupy opportunity. Perfectly positioned just moments from the vibrant dining, nightlife, and shopping of Winooski, also with quick access to UVM, Champlain College, St. Michael’s College, and UVM Medical Center - an appealing location for consistent rental demand. The first-floor apartment features 2 bedrooms and a full bath, complemented by a bright, open living area that flows seamlessly into a generously sized kitchen with updated stainless-steel appliances and ample storage and counter space, plus access to a full basement with in-unit laundry. The upper unit spans the second and third floors and includes 2 spacious bedrooms along with a versatile third-floor flex space, a sun-filled living room, and a well-appointed kitchen with modern stainless appliances and abundant storage. Outdoor highlights include a covered porch with city views of Winooski, as well as a large backyard complete with a patio and storage shed - perfect for entertaining or relaxing. Each unit offers its own washer and dryer along with two off-street parking spaces, and a bus stop directly in front of the property adds everyday convenience for effortless commuting year-round.

460-462 Colchester Ave, Burlington

$1,099,000

5082429 MLS

Well-located, 6-unit, brick multi-family property just moments from the Church Street Marketplace, with immediate access to downtown Burlington's coveted retail, dining, and employment hubs. The desirable apartment mix includes five 1-bedroom apartments and one 4-bedroom unit, offering flexibility across tenant profiles and strong rental demand! Recent capital improvements include updated electrical systems with separate panels for each unit. Tenants pay their own heat and electricity for low owner's operating expenses. Additional features include front and rear porches, a large full basement for storage, and a current Certificate of Occupancy from the City valid through 2031. A centrally located, turn-key multi-family with long-term potential in Burlington's core rental market.

198-200 King St, Burlington

$709,500

5081854 MLS

155 Maple Street is a well-located, 4-unit multi-family property near the waterfront, bike path, and Church Street. Fully leased through June 2027, with tenants paying heat and electricity. Units feature hardwood floors and many recent updates including the kitchens and baths.

155 Maple St, Burlington

$799,000

5081128 MLS

Turnkey 4-unit investment opportunity in Burlington’s sought-after Old North End. 25 Intervale Avenue offers strong cash flow with a 7.25% cap rate and a well-maintained mix of units featuring classic charm and thoughtful updates. Each apartment showcases attractive hardwood flooring, high ceilings, and abundant natural light, creating bright and inviting living spaces. Updated kitchens include modern cabinetry, solid surface countertops, and newer appliances, while bathrooms have been refreshed for tenant appeal. The property blends historic character—ornate trim, tall windows, and period details—with practical improvements that support low-maintenance ownership. Spacious layouts, clean common areas, and functional floor plans contribute to consistent rental demand. The building’s proximity to downtown Burlington, the waterfront, UVM Medical Center, and local amenities further enhances its desirability for tenants. Whether you’re expanding your portfolio or seeking a stable income-producing asset in a prime location, this property delivers a compelling combination of cash flow, condition, and long-term upside.

25 Intervale Ave, Burlington

$639,900

5080998 MLS

Perfectly positioned in the South End of Burlington, this well-maintained duplex presents a rare opportunity for both savvy investors and future owner-occupants alike. Whether you’re looking to generate strong rental income or offset your mortgage by living in one unit while leasing the other, this property offers flexibility and long-term value in one of Vermont’s most desirable locations. Each unit features 2 spacious bedrooms and 1 full bathroom, complemented by a large screened-in porch - an ideal spot to unwind while enjoying scenic views of Lake Champlain and the Adirondack Mountains. Thoughtful amenities include a dedicated garage bay per unit, along with oversized storage closets perfect for seasonal gear, outdoor equipment, or hobbies. With garage access from Shelburne Street and main entrances on South Willard Street, the layout offers both convenience and privacy. Located directly on the bus line and just moments from the Church Street Marketplace, Burlington Waterfront, Pine Street, Burlington Bike Path, I-89, and all that downtown Burlington has to offer, this property combines lifestyle and location in one compelling package. Whether you’re expanding your portfolio or planting roots in a vibrant community, this duplex checks all the boxes.

579 S Willard St, Burlington

$939,000

5080980 MLS

Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit 3-level fully permitted property on St. Paul Street offers strong cash flow and good tenants who respect the building. The building features two 1-bedroom units on the first floor and two spacious 3-bedroom units on the upper levels, with two levels of living space. Upstairs units enjoy private decks off the kitchens, while the first-floor flats each have rear porches opening to a shared, private backyard — a rare find in this location. Tenants also benefit from basement storage and shared laundry, as well as multiple heating sources for year-round comfort. Newly updated bathroom in the first-floor unit. With a walkable location close to downtown, the waterfront, colleges, public transit, and all the restaurants and shops Burlington has to offer, this property is convenient. Whether you’re expanding your portfolio or looking for a stable income-producing asset, this one checks all the boxes. From the owner: "When I bought the building in 1999, it was structurally sound but dated, with cheap 1980s renovations showing wear. With construction experience and summers free as a professor, I made updating it my passion project—improving it piece by piece each year. After renovating our nearby home from 2008 to 2019, I returned to the building and completed high-end kitchen and bath upgrades throughout. My goal was to create inspired, artistic spaces with custom details—not typical rental finishes. With the final bathroom in Apt. #1 complete, this chapter is now closed, and I’m ready to move on to a new project!" Time of Sale Inspection and Certificate of Occupancy is completed and compliant. New windows on the third floor & exterior trime repainted -2025.

211-213 Saint Paul St, Burlington

$675,000

5080551 MLS

Extensively renovated in 2022, this turnkey duplex offers a rare blend of style, flexibility, and income potential in Burlington’s desirable Manhattan Drive location. The property features two well-designed units, each with 2 bedrooms and 1 full bath, plus a bonus study in the lower unit that can function as a third bedroom, office, or guest space. The home has been thoughtfully updated with modern kitchens, baths, flooring, windows, appliances, and in-unit laundry on both levels. Major improvements completed in 2022 include upgraded electrical, plumbing, and heating systems for code compliance, a standing seam metal roof, rear asphalt shingle roof, new rear vinyl siding, insulation upgrades, paving, and participation in the Vermont Gas weatherization program. The flexible layout is ideal for an owner-occupant seeking to offset expenses with rental income, or for a buyer looking for a hybrid long-term / short-term rental opportunity. The upper unit is leased at $2,700/month, while the lower unit has a strong short-term rental history. Additional features include gas heat, a lower-level heat pump for supplemental heating and cooling, all new appliances, a fully installed EV charger, 3 off-street parking spaces, full basement, and a large fenced yard perfect for pets, entertaining, or outdoor enjoyment. Located close to downtown Burlington, the waterfront, Church Street, and local amenities, this move-in ready duplex also offers future upside with attic bonus/potential expansion possibilities subject to buyer due diligence and approvals. A rare opportunity to own a renovated, income-producing property in one of Burlington’s most convenient neighborhoods. This property has been successfully utilized as a short-term rental. Buyers should verify compliance with all City of Burlington short-term rental regulations, including potential owner-occupancy requirements.

299 Manhattan Dr, Burlington

$699,000

5080549 MLS

Outstanding investment property located between UVM and downtown. Close to shopping. Easy student rental. Front porch with substantial recent renovations. Loads of off-street parking!

20 Greene St, Burlington

$949,000

5080546 MLS

Excellent investment property located between UVM and downtown. 5± year old roof. Lots of character and several porches. Great rental history!

30-34 Greene St, Burlington

$1,125,000

5078460 MLS

Renovated Burlington Triplex. This 3-unit property with 5 bathrooms offers a strong opportunity for investors or buyers looking for rental income near the University of Vermont. Featuring 11 bedrooms, the building is fully rented and has been thoughtfully renovated with updated kitchens, bathrooms, heating systems, flooring, and interior finishes. Located just across the Winooski River, the property provides easy access to UVM, the UVM Medical Center, downtown Burlington, and Winooski's growing restaurant and retail district. Investors searching for a turn-key Burlington multi-family with stable rental income will appreciate the recent improvements and high-demand location.

6-8 Chase St, Burlington

$749,000

5077554 MLS

Excellent location right between UVM and downtown. Loads of parking with a detached single car garage. The building has a sprinkler system. Good sized units make them simple to rent!

61 S Union St, Burlington

$480,000

5073215 MLS

This low-maintenance duplex is ideally situated in Burlington, just minutes from downtown shops, restaurants, parks, and the Lake Champlain waterfront - offering easy access to the best of city living. Thoughtfully maintained and updated over the years, the property features a newer shingle roof, vinyl siding, and windows, along with updated plumbing and electrical, providing peace of mind for the next owner. Located directly on the bus line, it offers added convenience for commuters and tenants alike. Each unit includes separate utilities, laundry hookups, and off-street parking. Whether you’re expanding an investment portfolio or looking for a flexible owner-occupied opportunity, this duplex delivers both location and long-term value.

37 Drew St, Burlington

$925,000

5067151 MLS

All units are fully occupied! Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit property offers a strong 7% cap rate, with all of the units rented- perfect for both investors and owner-occupants seeking steady income and long-term growth. Conveniently located near Shelburne Road, Pine Street, and downtown Burlington, enjoy easy access to shopping, dining, local events, recreation, UVM and Champlain College campuses, the UVM Medical Center, and the local bus line for effortless commuting. The property includes two studio apartments and two 2-bedroom units, each thoughtfully updated to attract quality tenants and minimize future maintenance. Unit 476 #1 features two bedrooms, an updated ¾ bathroom with a custom tiled shower, and a refreshed kitchen. Unit 478 #1 also offers two bedrooms, a new kitchen and bathroom, and fresh paint throughout. Units 476 #2 and 478 #2 are spacious studios with convenient mudroom entries and updated kitchens and bathrooms- 478 #2 recently received extensive improvements, including new finishes and fixtures. Major building upgrades provide peace of mind and long-term value, including a new roof installed in November 2023 and a new boiler replaced in 2025. Tenants also enjoy access to a shared laundry room at no cost. With its excellent condition, driveway parking, recent capital improvements, and prime Burlington location, this property presents a turnkey investment opportunity offering immediate income and lasting stability.

476-478 Saint Paul St, Burlington

$625,000

5065964 MLS

Development Potential! Walking Distance to the University of Vermont Medical Center and The University of Vermont College. Currently rented through May 25th 2027 with an annual gross income of $52,800. Inspected and registered with the city for rental use. The Comprehensive Development Ordinance that was enacted by the City in 2025 would allow more units as this property is now Zoned Residential Lower Intensity. (Zoning Map and Zoning Explanation in Documents) Plans would need to be submitted and approved by the City of Burlington. Showings are by appointment with 48 hour notice.

246 East Ave, Burlington

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