Burlington Multi-Family 5+ Units

Looking for a smart way to invest your capital?  Burlington and Chittenden County are some of the most desirable areas for renters in Vermont. Proximity to colleges, hospitals, the Church Street Marketplace and many large employers keep rental demand high and vacancy rates low. Take advantage of this strong rental market by investing in a 5+ unit Multi-Family apartment complex. Below are the active listings of Burlington Multi Family buildings with five or more units in zip codes 05401 and 05408.  Check back often to view the latest listings or sign up for automatic alerts emailed to you daily.

205 S Prospect Street Burlington VT 05401

Burlington, VT205 S Prospect Street

Price$1,500,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4907770

  • Multifamily
  • Units 10
  • Square Feet 5,284
  • Acreage 0.23

Incredible location with plenty of on-site parking, one block away from UVM & Champlain College Campuses. 201 & 205 South Prospect Street are being marketed for sale together, for $2.2m. Impressive rent history, and currently 100% occupied, and leased through 2023. Financials provided to prequalified buyers. Scheduled showings: Tuesday May 3rd 12-2PM Wednesday May 4th 12-2PM Saturday May 7th 11am-1pm

Listed by Steve Donahue and Meg McGovern of Donahue & Associates,LLC

$
$
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$/month over payments
Federal 30-year interest rate: 5.81% last updated on Jun 23, 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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495 Colchester Avenue Burlington VT 05401

Burlington, VT495 Colchester Avenue

Price$1,500,000

Est. Mortgage: $/month

MLS Number 4905351

  • Multifamily
  • Units 5
  • Square Feet 7,564
  • Acreage 0.09
  • Utilities Cable

Award Winning Historic Preservation! Recently restored, this historical property includes four apartments as well as a restaurant/café space. Known as one of Burlington's oldest industrial buildings, 495 Colchester Avenue was built circa 1840 as a blacksmith shop. Sometime around the turn of the century it transitioned to Lamare and Abare's Grocery. After the historic flood of 1927, Colchester Avenue and the bridge connecting it to Winooski were raised. In 2016 the current owners undertook a two-year historic restoration project which included raising the building 10 feet and completely restoring the structural integrity of the building with brick and timber framing. This resulted in an extra level of useable space which has since been converted into a restaurant, currently leased to The Boardroom Café. The balance of the building was also completely renovated and includes two two-bedroom apartments and two three-bedroom units with views of the Winooski River. Upon completion of the project the owners received a Historic Preservation Award from the City of Burlington. This is a first-class mixed-use property located within walking distance to UVM, the hospital and downtown Winooski. Please call the agent to discuss more of the wonderful details of this property that are too numerous to fit in this description.

Listed by Duncan Harris of The Kingsland Company

$
$
%
$/month over payments
Federal 30-year interest rate: 5.81% last updated on Jun 23, 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 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 June 29, 2022.