44 Drew St Burlington, VT 05401
Old North End NeighborhoodEstimated payment $5,210/month
About This Home
Fully renovated duplex in the sought-after Old North End offering a spacious 4-bedroom unit downstairs plus a 3-bedroom apartment above - an outstanding opportunity for investors and potential for owner-occupant buyers in the 4-bedroom unit come June. Both residences feature updated stainless-steel kitchens with tile backsplash, hardwood flooring throughout, and stylish tiled bathrooms. The 4-bedroom unit includes an impressive bath layout with dual vanities and two, separate, tiled walk-in showers, providing added functionality for larger households. Each unit includes its own laundry, covered porch spaces, and separate utilities for convenience and efficiency. The property also offers plenty of off-street parking and a shared backyard ideal for outdoor enjoyment. Located just minutes from the Lake Champlain waterfront and downtown, this property combines strong rental appeal with an excellent 8.3% cap rate, making it a compelling addition to any investment portfolio.
Listing Agent
Coldwell Banker Hickok and Boardman Brokerage Phone: 802-846-8800 Listed on: 03/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,959
Year Built
- Built in 1925
Parking
- Paved Parking
Home Design
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- 4,356 Sq Ft Lot
- City Lot
Community Details
Overview
- 2 Units
Building Details
- Gross Income $89,760
- Net Operating Income $69,819
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,208 | $459,500 | $110,300 | $349,200 |
| 2023 | $9,308 | $440,500 | $110,300 | $330,200 |
| 2022 | $9,306 | $440,500 | $110,300 | $330,200 |
| 2021 | $9,695 | $440,500 | $110,300 | $330,200 |
| 2020 | $5,989 | $194,600 | $98,800 | $95,800 |
| 2019 | $5,526 | $194,600 | $98,800 | $95,800 |
| 2018 | $1,920 | $194,600 | $98,800 | $95,800 |
| 2017 | $1,194 | $194,600 | $98,800 | $95,800 |
| 2016 | -- | $194,600 | $98,800 | $95,800 |
| 2015 | -- | $1,946 | $0 | $0 |
| 2014 | -- | $1,946 | $0 | $0 |
| 2013 | -- | $1,946 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $835,000 | +75.8% | $473 / Sq Ft | |
| 08/28/2023 08/28/23 | Sold | $475,000 | 0.0% | $269 / Sq Ft | View Prior Sale |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- | |
| 08/28/2023 08/28/23 | For Sale | $475,000 | -- | $269 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $475,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | $475,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: PrimeMLS
MLS Number: 5078652
APN: (035) 043-3-137-000
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