Burlington Multi-Family 3-4 Unit

Looking to expand your Burlington VT investment portfolio?  3 or 4 unit Multi-Family properties are an efficient way to build an investment portfolio that still allows for conventional real estate financing.  With the option to owner-occupy while still collecting multiple rental payments, Triplex and Four-plex properties can offer an attractive return on your capital investment.  Below you will find all Burlington VT 3-4 Unit Properties currently for sale in zip codes 05401 and 05408.

72-74 N Champlain Street Burlington VT 05401

MLS Number 4931257

  • Multifamily
  • Units 3
  • Bathroom 2
  • Acreage 0.11
  • Square Feet 2,706

Great opportunity to purchase a mixed-use building in Burlington's Old North End only a half mile to Waterfront Park or the top of Church St. This beautiful building has 2 residential apartments downstairs and a commercial space downstairs. Downstairs is an open floor plan with separate rooms, generally used as private storage or offices. Upstairs there is a one bedroom and a two bedroom apartment that share a covered porch overlooking the yard. The apartments have been well cared for and updated, as has the building. While it's an old Burlington house that will always need maintaining, the current owners have done a lot to beautify and fortify the property. 4 parking spaces on site and more parking on the street, extra storage space, and a nice yard space for relaxing or BBQing all round this place out. Don't miss out!

Listed by Shift Real Estate and Martha Nowlan of EXP Realty

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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38-44 Cedar Street Burlington VT 05401

Burlington, VT38-44 Cedar Street

Price$775,000

Est. Mortgage: $/month

Pending

MLS Number 4928831

  • Multifamily
  • Units 4
  • Area Neighborhood
  • Acreage 0.17
  • Square Feet 3,006

These two adjoining duplexes being sold together but deeded separately offer an excellent opportunity to expand your investment portfolio in Burlington's Old North End! Each building has it owns driveway that lead to large back grassy adjoining backyards - a real rarity in the Old North End. Each unit has a deck. Unit 44 has historically been owner occupied; the remaining 3 units have not been leased for at least 3 years. All units have their own separate utilities for heat, electric, hot water, & internet/cable/TV; each duplex has one water/sewer meter. All units have natural gas-powered Rinnai direct vent heaters with their own meters. 4 ranges & 3 refrigerators will convey with the sale. Two of the units need some renovation; the other two have been upgraded with paint, rugs, etc. Once renovated, we conservatively estimate that the monthly rental amounts for the three 2-bedroom units will be $1500 - $1650/month & the one 3-bedroom unit will be $2000 to $2200/month, but please do your own research. A Rental Certificate of Compliance for 42-44 Cedar was just issued & will expire in 2026. 38-40 Cedar's Rental Certificate of Compliance completed in 2017 has expired. Duplexes are being sold as is; seller will prefer offers with no contingencies. Per the Burlington Fire Marshal, no Time of Sale Inspection is required for the sale since the units are all vacant. Additional documentation available.

Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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21 Hyde Street Burlington VT 05401

Burlington, VT21 Hyde Street

Price$1,590,000

Est. Mortgage: $/month

MLS Number 4927691

  • Multifamily
  • Units 4
  • Bathroom 4
  • Square Feet 4,289
  • Acreage 0.39

Investment rental opportunity with 16 bedrooms in 4 well maintained units. Impressive rental history, 100% rented through May 2023. Two of the units are in a wonderfully modified classic Burlington City home with great features; porches up and down, some hardwood floors and loads of character. The 2 additional units are townhome style units with great floorplans. They feature open kitchen and living rooms with bedrooms up and down. There is ample onsite parking and green spaces include the large rear yard and side yard. Centrally located, walk or grab public transportation to UVM, the Medical Center, Church Street Marketplace and Roosevelt Park. Many new improvements including but not limited to windows, siding, appliances, flooring, interior remodeling, roof and more. 3D Virtual Tours Available

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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181 North Champlain Street Burlington VT 05401

MLS Number 4924628

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.15
  • Square Feet 2,078

This building has historically been easy to rent and has long term tenants. The owner has invested in individual boilers and water heaters so that the tenants pay for their own heat and hot water. The detached garage has a natural gas line to it, is insulated and finished with storage above. At present the owner uses the garage solely for himself, so there is potential additional income should the next owner want to rent out garage space. Unit 2 will be available for occupancy September 1st.

Listed by Michael Skinner of KW Vermont

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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39-41 King Street Burlington VT 05401

Burlington, VT39-41 King Street

Price$900,000

Est. Mortgage: $/month

MLS Number 4917892

  • Multifamily
  • Units 4
  • Acreage 0.11
  • Square Feet 3,884

Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 - three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor.

Listed by Nancy Warren and Jay Strausser of Four Seasons Sotheby's Int'l Realty

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%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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214-216 Pine Street Burlington VT 05401

Burlington, VT214-216 Pine Street

Price$645,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4910074

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.04
  • Square Feet 1,772

Centrally located in the heart of the Queen City, this triplex apartment building on Pine Street is ready for its next owner! Situated just minutes to everything downtown Burlington has to offer, this is an excellent investment opportunity. The property boasts a fantastic layout with 2 bedroom's in each unit. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with brand new unique crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, some new windows and laundry hookups in Unit B's bathroom. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Incredible walkable location less than 5 minutes to the Burlington Waterfront and Church Street Marketplace.

Listed by Amanda Headley of Ridgeline Real Estate

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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314 North Street Burlington VT 05401

Burlington, VT314 North Street

Price$895,000

Est. Mortgage: $/month

MLS Number 4905592

  • Multifamily
  • Units 3
  • Bathroom 3
  • Square Feet 3,704
  • Acreage 0.15

Attention investors! This Burlington Triplex is fully rented through May 2023 and offers a 7% cap rate! Two 4-bedroom units and one 1-bedroom. Separate utilities, off-street parking, shared backyard, and coin-op laundry. Tenants love these sunny apartments with loads of charm. Great location near Pomeroy Park and neighborhood eateries. Just a few blocks to downtown Burlington, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

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$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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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15-17 Weston Street Burlington VT 05401

Burlington, VT15-17 Weston Street

Price$650,000

Est. Mortgage: $/month

Pending

MLS Number 4905699

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.17
  • Square Feet 2,244

Located on a short one block street between Henry and Loomis Streets, this investment property offers excellent rental history, and solid numbers. Prime college rental location in the heart of downtown, with exceptional access to campuses, downtown, and UVM Medical Center. Urban living in the City, in a lovely neighborhood, within biking and walking distance of so many amenities. The large first floor unit is leased for the 22-23 school year for $825/bedroom, and includes a washer/dryer in the basement. The second floor 1 bedroom unit was updated in 2017 to include carpet in the bedroom, laminate flooring in the kitchen and living room, kitchen counter, and washer/dryer. Six approved off street parking spaces, and a large back yard makes it attractive to tenants. Building is to be conveyed As-Is.

Listed by Matt Hurlburt and Steve Donahue of RE/MAX North Professionals - Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 October 1, 2022 7:54 AM EDT.