Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New Englandâ??s real estate market well known as the home to University of Vermont, Champlain College, St. Michaelâ??s College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New Englandâ??s strongest real estate markets.
Nestled across from Pomeroy Park and the vibrant green spaces of the O.N.E. neighborhood, this thoughtfully upgraded duplex is a standout investment opportunity. Just a short stroll to downtown Burlington, this property offers both modern convenience and enduring charm. Key Features: Efficiency Upgrades: Extensive energy improvements include an Insulation Retrofit by Efficiency Vermont, a 2020-installed Heat Pump, and Mello Smart Water Heater attachments on both electric water heating units. Stylish Renovations: Unit 11â??s bathroom was remodeled in 2023, while Unit 9â??s kitchen boasts a sleek update completed in 2024. Exterior Updates: Freshly painted in 2022, the building also features newly rebuilt front and rear porches. Practical Enhancements: Natural gas furnace for Unit 9 replaced in 2017, with separate electrical metering for each unit. Additional Potential: The rear basement zoning was passed to convert it into a bedroom, offering expansion possibilities. Parking & Location: Ample off-street parking accommodates up to 5 compact vehicles, a rarity in this coveted neighborhood. Located minutes from top-rated restaurants, the University of Vermont, and the UVM Medical Center, this property offers unbeatable access to Burlingtonâ??s best amenities. Whether youâ??re an investor seeking strong rental potential or a buyer looking to offset your mortgage with rental income, this duplex offers a unique blend of charm and location
Charming duplex on a sleepy street centrally located just north of Downtown Burlington where original charm meets pride of ownership. This upstairs/downstairs duplex built in 1899 has been meticulously maintained and updated over the last 35 years by its thoughtful owners. Both units have two bedrooms, newer kitchens, large living space and flexible floor plans. The first floor unit has been retrofitted for wheelchair accessibility including a ramp, wider doors, and a barrier-free shower. This unit also includes a sunny 3-season porch and a large mudroom with washer/dryer hookups. The upstairs unit can be accessed from the original staircase inside or by an outdoor staircase that leads to a sunny deck off the kitchen. The private backyard offers shared lawn and garden space and 2 sheds for storage. Whether you are looking to owner-occupy in addition to generating rental income, or an investment property, this property checks the boxes!
Location, location, location! Fantastic two-building, 5-unit investment property in close proximity to UVM, UVM Medical Center, and downtown Burlington! 7 Fletcher Place, the largest of the two buildings, houses 3 of the rental units. Off the front porch, access unit 1 on the first floor, comprised of 2 bedrooms, an updated ¾ bathroom, and open-concept living/dining/kitchen area. Upstairs, unit 2 is a 2 bed, 1 bath, offering a bright kitchen/dining room with granite countertops and stainless appliances, welcoming living space, and 2 bonus spaces. The 1 bed, 1 bath 3rd unit of this building has a private entrance at the rear and offers a convenient mudroom area, open-concept living/dining/kitchen. The basement of 7 Fletcher has 2 washers and dryers, currently free for all tenants, and storage space. On the same lot, 11 Fletcher Place sits next door and is comprised of 2 additional rental units, both beautifully renovated with separate utilities, including mini spits! The 1 bed, ¾ bath upper unit includes a bright living room and fantastic eat-in kitchen with stainless appliances. The lower studio unit features a bright kitchen with granite countertops and ¾ bathroom with marble countertops. Tenants pay all utilities- see utility information document for more details. Fully rented out, this low-maintenance property with a desirable 6.59% cap rate is a must-see for investors!
Amazing opportunity for investors or owner-occupiers to purchase this turn-key multi-family with 2 renovated 2 bedroom units in the heart of the Old North End! Originally built in 1920, this extremely well maintained home benefited from a rehab down to the studs in 2017, including all new electrical wiring and plumbing and exterior paint. There is off street parking and resident only permitted parking available on the street. The units share a fenced in backyard and basement with laundry and storage space. Located just 2 blocks from the Church St marketplace and Battery Park, and a quick commute to UVM. Owner is a licensed real estate broker.
Turn-key, 10-unit downtown Burlington investment opportunity! Two buildings consisting of a 7-unit multi-family and a 3-unit multi-family are being sold together. Fully occupied in a terrific location with off-street parking, these are great rentals with a mix of studio, one-, two-, and three-bedroom apartments. Sellers have made significant recent upgrades, including all new windows and hot water heaters at the 58-60 property, new electric meters at the 62 property, new decks and porches for both properties, and a newly paved driveway and parking lot. Desirable location close to colleges, the hospital, and downtown! Well maintained with a great rental history.
Wonderful 3 unit apartment building located in a very convenient location of Burlington. A quick walk to all amenities, Ample off street parking, and long established tenants make this a solid investment. Home also features a two car garage for storage or covered parking.
Welcome to 244 North Champlain Street, a beautifully preserved historic property located in one of Burlingtonâ??s most sought-after neighborhoods. This classic home combines timeless character with modern updates, offering the ideal blend of convenience, comfort, and charm. With its prime location just moments from vibrant downtown Burlington, this is a rare opportunity to own a piece of history in the heart of the city. Located within walking distance of Church Street Marketplace, Lake Champlain, local parks, and a variety of restaurants and shops, this home offers the best of Burlington living. You'll love the easy access to all the city has to offer, plus the quick commute to UVM, Champlain College, and major transportation routes. Come look at this top to bottom renovation. New windows, flooring, boiler, electric panels, roof, cabinets, quartz countertops, vanities, fixtures, fans, appliances, siding and so much more. Tastefully updated and ready for a headache free investment. Living in one side and have the tenants on the other side, or enjoy a completely headache free rental property with tenants on both sides. Both units are currently vacant. Downstairs unit consist of a 3 bedroom 1 bathroom layout with a large kitchen. Upstairs is a 2 bedroom 1 bathroom apartment.
This updated two-unit has been maintained and cared for by an on-site property manager for years. He kept his workshop/equipment in the garage so he was often present and kept this duplex in great shape. With direct access to the basement from the exterior, there are great storage options for both tenants. One unit has an enclosed porch, sunroom, and back patio, and the other has a deck overlooking a fenced private backyard. A two-car garage with power is a real asset; with the new rules and regulations in Burlington, there is a possibility of potential expansion or adding living space. Great opportunity for an immediate owner occupancy with a vacant first floor unit. Tenants in upstairs unit with lease through 7/31/2025.
Wonderful side by side owner occupied duplex in the heart of Burlington. The front unit features lots of windows & filled with natural light, spacious eat in kitchen with plenty of cabinets & counter space, living room with front entrance opening to beautiful covered porch, front room with bay windows & french doors, and front room is considered 4th bedroom, additional 1st floor bedroom. The second floor has 2 sunny bedrooms, den & 3/4 bath, full basement for storage, side covered porch for morning coffee, luxury vinyl floors throughout for easy upkeep, move in ready! The back 2 bedroom, 1 bath unit is currently rented and tenant moving out 12/3. Plenty of parking along with a 2 car garage, one for each unit or keep both for the owner. Separate utilities and well maintained throughout with a historic flair. Minutes to Lake Champlain, Burlington Waterfront, Church Street Marketplace, UVM & UVM Medical Center. A great place to call home or easy investment property.
This unique multi-family property blends Colonial Revival and Queen Anne styles, featuring 3 units and a 2-story garage/outbuilding and off-street parking. The first-floor 3-bedroom apartment is spacious, awaiting your updates. Upstairs offers 2 one-bedroom apartments with lots of natural light and original woodwork. Located in the desirable O.N.E., you're just moments away from restaurants, the university, and the hospital.
Attention investors! If you are looking for a low maintenance investment property, then this fully-rented building is for you. Centrally located in the heart of Burlington, this triplex apartment building on Pine Street is ready for its next owner. The property boasts a fantastic layout with 2 bedrooms in each unit. Unit C is a month to month lease and is 2 stories. Units A and B feature identical floor plans with comfortable bedrooms located off the kitchen, spacious sun filled living rooms with new crown molding, and full bathrooms. Unit C is a rare find for Burlington apartments, with a multi-level layout. A convenient full kitchen, living room and bathroom are found on the first floor, and 2 cozy bedrooms are located upstairs. The property has been well maintained and enjoys many recent upgrades including 6 new lolly columns in the basement, and Unit B has been completely remodeled in the last year, including some new windows, laundry hookups and all new flooring. Perfect addition to your investment portfolio or an excellent option for your college student to rent out while producing additional income from other units. Minimal need for vehicles at this property as it's situated in an incredible walkable location, less than a 10 minute walk to the Burlington Waterfront and Church Street Marketplace. Just 2 blocks from Perkins Pier and the Island Line bike/rec path.
Downtown mixed-use property with 2 buildings on 2 separate lots being sold as a package. Building 1 is a mixed-use property with a well-established dental office on the first floor and two 2-bedroom apartments on the second floor. The walk-up attic with impressive vaulted ceiling offers potential. Located right next to Pearl Street Beverage with plenty of parking spaces. Building 2 is a single-family home with 1,780 sq. ft., 2 bedrooms, 2 updated full bathrooms, attached garage, nice yard, and parking.
Large, 4,276-SF, 3-unit mixed-use property with a well-established dental office on the first floor. The second floor offers two spacious 2-bedroom apartments with potential to expand into the expansive walk-up attic with vaulted ceiling. Tenants pay heat and electricity. Unbeatable downtown location with plenty of parking and a strong upside on rents.
INVEST AND SAVE! Reap the benefits of owning this 4 unit multi family home in Burlington. This property offers great rental opportunities with a 3 bedroom, 2 bedroom and two 1 bedroom units. The two first floor units have the convenience of a shared laundry room. All new laminate flooring just installed! Also included, adding great value, is a second lot with potential to build with approximately 55 feet of frontage on Intervale. Buyer to confirm with city. Enjoy the income and also the convenience to downtown Burlington, Winooski, UVM, Bus Route, Lake Champlain and so much more!
Imagine the perfect balance of work and life, right on the bustling Shelburne Street in Burlington! This versatile property, currently set up as achiropractorâ??s office, offers a prime location with visibility that businesses dream of. The commercial space boasts six treatment roomsâ??ideal for professionalsâ??but can beeasily reimagined for your specific needs. Live above in the charming 1-bedroom apartment, currently rented month-to-month for $1,650, and let commercial rental incomeoffset your expenses, or flip the script and lease out the apartment while you run your own business downstairs. Whether you're an entrepreneur ready to take yourbusiness to the next level, or an investor seeking a high-traffic property with built-in income streams, this property offers the flexibility to make it happen. Opportunities likethis don't come around oftenâ??grab your chance to create the perfect live-work balance in one of Burlingtonâ??s hottest locations! Showings begin 9/14/24.
A wonderful duplex in downtown Burlington, excellent condition. Will work for an investor or owner occupied. Many upgrades and lots of charm. Possible room for expansion in the walkup attic. 3rd floor was considered finished when purchased, taxes reflect it as finished and assessor has it finished. Off street parking plus 1 car garage. Three season porch extends the living space. Ready to move in condition. A must see! Realtor Open House - Monday August 26th 11 AM-1 PM.
This Burlington duplex is a fantastic opportunity for first-time investors looking to put in a little sweat equity! Ideal for owner-occupying or for families looking for separate dwellings while staying under one roof. Built in 1924, this property has preserved some of its charming elements like the original moldings and doors, while making maintenance-free updates like the vinyl siding. The unit on the main level features two bedrooms and a full bathroom along with an enclosed front porch, a mudroom/bonus room on the back of the house and access to the basement which offers a laundry area, additional half bath and plenty of extra space to be finished or used for storage. On the second level, youâ??ll find a cozy and character-filled one-bedroom unit with a spacious floorplan with a full kitchen, large living room and ¾ bath. The units have separate hot water heaters and electric meters with a shared heating system. Outside the nicely sized, level lot has garden space and a concrete patio behind the detached one-car garage. Situated in a prime location, this home offers the perks of a quiet and established neighborhood while being minutes to downtown Burlington and the waterfront. Enjoy easy access to the grocery store, schools and nearby shops and restaurants. This property is full of potential just waiting to be realized by its new owner, so donâ??t miss your chance to capitalize on this awesome opportunity while it lasts!
Phenomenal 2-unit turn-key investment property in Burlington! You'll get the best of both worlds as this property is a stone's throw to Winooski restaurants, bars, and shopping. You'll also be minutes away from UVM, Champlain College, Saint Michael's College, and UVM Medical Center making this property a highly attractive option to renters. Unit 1 offers 2 bedrooms and a full bathroom, as well as a spacious, bright living room with an open flow to a roomy kitchen equipped with updated stainless appliances and plenty of storage/counter space. There is also a full basement where the washer/dryer are located! Unit 2, located on the second and third floor, is a sunny unit featuring two spacious bedrooms as well as a large flex space on the third floor. The living room, bathed in natural light, provides a relaxing place to unwind after a long day. The kitchen in this unit also boasts updated stainless appliances and plenty of storage space as well. As you wander to the outside, enjoy a lovely, covered porch facing the city of Winooski, perfect for relaxing with friends. The spacious backyard with a patio is a fun spot to grill and play yard games. Both units offer a washer/dryer and two off-street parking spaces per unit as an added bonus. Conveniently, the bus stop is located right in front of the property making commutes to and from your daily activities a breeze year-round!
Burlington is located in Vermont. Burlington, Vermont has a population of 44,703. Burlington is less family-centric than the surrounding county with 27.05% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in Burlington, Vermont is $59,331. The median household income for the surrounding county is $81,957 compared to the national median of $69,021. The median age of people living in Burlington is 27.2 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 9.4 degrees. The average rainfall is approximately 35.8 inches per year, with 71.8 inches of snow per year.
