$2,000,000

Estimated payment $13,588/month

Total Views 1,797
-- Bed
-- Bath
4,289 Sq Ft
$466 Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Enclosed Patio or Porch
  • Property near a hospital
  • Wood Flooring
  • Double Pane Windows
  • Baseboard Heating

About This Home

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 8.10% 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.

Listing Agent

Mikail Stein

RE/MAX North Professionals License #082.0093313 Listed on: 06/19/2026

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,176

Year Built

  • Built in 1899

Parking

  • 2 Car Garage
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Shingle Roof
  • Slate Roof
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • Property has 2 Levels
  • Double Pane Windows
  • Window Screens
  • Basement
  • Walk-Up Access

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Location

  • Property near a hospital
  • Property is near schools and shops

Schools

  • Burlington High School

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 16,988 Sq Ft Lot

Community Details

Overview

  • 4 Units

Building Details

  • 1 Leased Unit
  • Gross Income $213,100
  • Net Operating Income $162,074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,176

Year Built

Built in 1899

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Directions: From Main Street, go North on South Willard Street which becomes North Willard Street. Turn left onto North Street. Right onto Hyde Street. The property is on the right.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1899
  • Display On Internet: Cable Internet
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Sidewalks, Street Lights, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 4289.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Varies
  • Total_Finished_Area: 4289
  • Total_Area: 5305
  • Above_Grade_Unfinished_Area: 0
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area: 1016
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Domestic Water Heater, Natural Gas Water Heater, Owned Water Heater, Tank Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Natural Shade, Covered Porch, Enclosed Porch, Window Screens, Double Pane Window(s)
  • Roof: Shingle, Slate
  • Easements: Unknown
  • Construction Type: Clapboard Exterior, Vinyl Exterior
  • Foundation Details: Brick/Mortar, Concrete, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage, Off Street, Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Hot Air, Other, Radiator, Boiler
  • Cooling: None
  • Utilities: Other
  • Water Source: Public

Schools

  • High School: Burlington High School

Lot Info

  • Surveyed: Unknown
  • Zoning: rez
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988.0

Multi Family

  • Gross Income: 213100.0
  • Number Of Units Total: 4
  • Net Operating Income: 162074.0
  • Number Of Units Leased: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 34175.68

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $34,952 $1,446,100 $758,500 $687,600
2024 $34,952 $1,446,100 $758,500 $687,600
2023 $30,556 $1,446,100 $758,500 $687,600
2022 $30,550 $1,446,100 $758,500 $687,600
2021 $31,829 $1,446,100 $758,500 $687,600
2020 $26,830 $871,800 $573,200 $298,600
2019 $19,138 $871,800 $573,200 $298,600
2018 $22,799 $871,800 $573,200 $298,600
2017 $22,592 $871,800 $573,200 $298,600
2016 -- $871,800 $573,200 $298,600
2015 -- $8,718 $0 $0
2014 -- $6,983 $0 $0
2013 -- $6,983 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2026 06/19/26 For Sale $2,000,000 +37.9% $466 / Sq Ft
12/09/2022 12/09/22 Sold $1,450,000 -8.8% $338 / Sq Ft View Prior Sale
10/05/2022 10/05/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $1,590,000 -- $371 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5095783

PrimeMLS

APN: (035) 045-1-005-000

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