21 Hyde St Burlington, VT 05401
Old North End NeighborhoodEstimated payment $13,588/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 5095783
APN: (035) 045-1-005-000
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Ask me questions while you tour the home.