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.
Price$550,000
Est. Mortgage: $/month
MLS Number 4789583
Rare opportunity to own an investment property in Burlington's South End. 3-unit multi-family building with off-street parking and one car garage. 1st floor unit has 3 beds/1.5 baths, 2nd floor has two units - one with 2 beds/1 bath and a 1 bed/1 bath unit. Close to bus route.
Listed by Carolyn Weaver of KW Vermont
Price$415,000
Est. Mortgage: $/month
MLS Number 4788133
Steady rental history, solid units w/ample off street parking. blocks to downtown. Two 1 bedroom units and one 3 bedroom. Burlington rental market is strong and this property offers a nice entry to the business. Very good income. Each unit has separate heat and electric. Located within walking distance to Burlington City Center, shopping, employment,services, schools & on the bus line. Investor or owner occupied; the numbers look great!
Listed by Brian Armstrong and Cole Elwood of KW Vermont
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Price$575,000
Est. Mortgage: $/month
MLS Number 4782590
Location, Location, Location! Your tenants will LOVE living here only one block to the top of Church Street Marketplace. A beautiful, coveted 4-unit building with 1 and 2 bedroom light filled apartments offering kitchens with built-in storage, hardwood floors, some stained glass windows plus newer windows in 3 units, covered porches and more! Plenty of off-street parking plus 2-car garage with additional storage. Below market rents with a strong upside. Adjacent to the First Unitarian Church at the top of Church Street. Easy access to all of downtown Burlington with some of Vermont's best shopping, dining and entertainment!
Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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Price$1,070,000
Est. Mortgage: $/month
MLS Number 4777602
3-Unit Apartment Building plus an additional Single-Family Building Lot and in Burlington's Lakeside District across from the new Hula tech campus. The existing turn-key Triplex was stripped to studs and totally renovated in 2004 with upgrades to electrical, heating, and plumbing systems. The property includes three units: a 2-bedroom and two 1-bedroom apartments, off street parking, lovely private porches, and two detached garages - along with significant upsides on rents! Excellent owner-occupied opportunity - have your tenants pay your mortgage! Potential for AirBnB or short term rentals as well! A rare opportunity to invest and build new in a neighborhood first imagined over 100 years ago.
Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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Price$789,000
Est. Mortgage: $/month
MLS Number 4777362
AERIAL PROPERTY TOUR Recently updated 3 unit apartment building located directly across from South End's new class A Hula tech campus in the coveted Lakeside neighborhood and 300 feet from the beach! Excellent owner-occupied opportunity with AirBnB or short term rental potential! Originally constructed and managed by the Queen City Cotton Company for its employees, the entire neighborhood is now one of the most convenient and desirable locations in Burlington. The building was stripped to the studs and totally renovated in 2004 with upgrades to electrical, heating, and plumbing systems. The property includes three units: a 2-bedroom and two 1-bedroom apartments, off street parking, lovely private porches, and a detached garage. Easy access to downtown via the Bike Path or Pine Street and a few steps to the Burlington Surf Club, Oakledge and Lakeside Park, Blanchard Beach, and St. John's Club. Building lot to the East with detached garage not included in this listing. With significant upsides on rent, it's the perfect time to invest in one of the most exciting neighborhoods in Burlington!
Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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Price$525,000
Est. Mortgage: $/month
MLS Number 4773085
A great opportunity to live right above your business and receive additional income. This well maintained three unit is conveniently located in the heart of Burlington. The downstairs features 1400 square feet of commercial space which is currently being used by One Arts Center. The upstairs features a one and two bedroom apartment both of which have been completely renovated. There is a full basement, two storage areas and ample parking. Many improvements over the years including new kitchens, baths, flooring, painting, roof, siding and windows. Walking distance to downtown. Let a piece of Burlington's past be a part of your future.
Listed by Norah Kell of Kell and Company
Price$455,000
Est. Mortgage: $/month
MLS Number 4757789
Very well centrally located 3 unit apt house with many updates. Bottom level apt completely updated in past few years. Roof 9 years old. Many recent egress windows. Very good rents and tenants pay most utilities. All separate hot water tanks, heating units and electric.
Listed by Jim Cross of RE/MAX North Professionals
Price$639,900
Est. Mortgage: $/month
MLS Number 4724372
Located on a short one block street between Henry and Loomis Streets, this investment property offers excellent rental history, and solid numbers. The large first floor unit is leased for the 19-20 school year for $750/bedroom, and includes a washer/dryer in the basement. A new lease is in effect for 20-21 school year for the same rent. The second floor 1 bedroom unit was updated in 2017 to include new carpet in the bedroom, new laminate flooring in the kitchen and living room, new kitchen counter, and new washer/dryer. Prime college rental location in the heart of downtown, with exceptional access to campuses, downtown, and UVM Medical Center. Six approved off street parking spaces, and a large back yard makes it attractive to tenants.
Listed by Matt Hurlburt of RE/MAX North Professionals - Burlington
Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 January 27, 2020.
