$844,000
$15K PRICE DROP

Estimated payment $5,553/month

Total Views 50,863
8 Beds
3 Baths
2,568 Sq Ft
$329 Price per Sq Ft

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Hot Water Heating System
  • Covered Patio or Porch
  • Outdoor Storage
  • 4-minute walk to Battery Park

About This Home

Welcome to 103 North Champlain Street, a bright and historic 3-unit investment property located in the O.N.E. of Burlington, VT. Built in 1899, this well-maintained building offers a blend of classic charm and modern amenities, making it an excellent investment for both seasoned and first-time investors alike.

Each unit features spacious layouts with ample natural light, hardwood floors, and updated kitchens and bathrooms. The property also includes off-street parking, new on demand boilers, updated electrical and so much more enhancing tenant convenience.

Unit 1 & Unit 2 both offer 3 bedrooms, 1 bathroom, expansive living area, kitchen and endless storage space. Unit 3 offers 2 bedrooms, 1 bathroom, a cozy kitchen and living area but also has its own private 3-season porch.

Situated in a stellar location and proximity to all that the Queen City has to offer. Endless variety of restaurants, cafes, bars, shopping, and entertainment options. Also, simple access to public transportation, the hospital, parks, schools, etc.

The Old North End is known for its strong sense of community and cultural diversity, making it a desirable location for renters. With a robust rental market and low vacancy rates, this property promises consistent income potential. Book your showing today to see this amazing investment property and all it has to offer!!

Listing Agent

The Conroy Group

KW Vermont License #081.0004452 Listed on: 02/17/2025

KW Vermont

Co-Listing Agent

Isaiah Donaldson

KW Vermont License #082.0134518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,370

Year Built

  • Built in 1899

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • Property has 3 Levels
  • Double Pane Windows
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • 1 to 5 Parking Spaces

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • City Lot

Schools

  • Sustainability Academy Elementary School
  • Lyman C. Hunt Middle School
  • Burlington High School

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Gas Available
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Gross Income $68,676
  • Net Operating Income $50,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,370

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1899
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Multi-Family, Other
  • ResoLotFeatures: City Lot, Level, Other, Sidewalks, Street Lights, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • Co List Office Mls Id: 1844-0
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2568.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2568
  • SqFt_Apx_Unfn_Above_Grade: 1175
  • SqFt_Apx_Unfn_Below_Grade: 1054
  • Water_Body_Access: No
  • Water_View: No
  • SqFt_Apx_Total: 4797
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Domestic, Water Heater–Natural Gas, Water Heater – Owned, Water Heater – Separate
  • Total Bedrooms: 8
  • Flooring: Concrete, Hardwood, Laminate, Other, Wood
  • Basement: Concrete, Other, Unfinished, Interior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Other, Porch, Porch - Covered, Storage, Windows - Double Pane
  • Roof: Slate
  • Easements: Unknown
  • Construction Type: Wood Frame, Clapboard Exterior, Wood Exterior
  • Waterfront: No
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, On Site, Other, Parking Spaces 3 - 5, Paved

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment, Hot Water
  • Cooling: None
  • Trash: Cans, Municipal, Owner, Private, Recycle
  • Utilities: Cable Available, Gas - On-Site, Phone Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • Restrictions: Smoking - No

Schools

  • Elementary School: Sustainability Academy
  • High School: Burlington High School
  • Middle Or Junior School: Lyman C. Hunt Middle School

Lot Info

  • Surveyed: Yes
  • Zoning: R3
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178.0

Multi Family

  • Gross Income: 68676.0
  • Number Of Units Total: 3
  • Net Operating Income: 50784.0
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13369.72

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,371 $553,200 $98,200 $455,000
2023 $11,689 $553,200 $98,200 $455,000
2022 $11,687 $553,200 $98,200 $455,000
2021 $12,176 $553,200 $98,200 $455,000
2020 $12,184 $395,900 $118,300 $277,600
2019 $11,588 $395,900 $118,300 $277,600
2018 $11,129 $395,900 $118,300 $277,600
2017 $10,545 $395,900 $118,300 $277,600
2016 $10,303 $395,900 $118,300 $277,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2025 04/22/25 Price Changed $844,000 -1.7% $329 / Sq Ft
02/17/2025 02/17/25 For Sale $859,000 -- $335 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5029620

PrimeMLS

APN: (035) 044-1-311-000