Flat Fee Real Estate logo

Burlington Investment Properties for Sale

Burlington real estate tends to remain relatively stable despite market fluctuations elsewhere. This is particularly true of downtown Burlington apartment buildings that benefit from the large student population and employment base created by UVM and Fletcher Allen. 

Multi Family Homes for Sale Burlington VT

Tip - Create an account (it’s free) to save your favorite Vermont real estate listings and get notified when similar properties are posted.

Questions? Call Flat Fee Real Estate at 802-318-0833 or contact us online!

72-74 N Champlain Street Burlington VT 05401

MLS Number 4931257

  • Multifamily
  • Bathroom 2
  • Units 3
  • Acreage 0.11
  • Square Feet 2,706

Great opportunity to purchase a mixed-use building in Burlington's Old North End only a half mile to Waterfront Park or the top of Church St. This beautiful building has 2 residential apartments downstairs and a commercial space downstairs. Downstairs is an open floor plan with separate rooms, generally used as private storage or offices. Upstairs there is a one bedroom and a two bedroom apartment that share a covered porch overlooking the yard. The apartments have been well cared for and updated, as has the building. While it's an old Burlington house that will always need maintaining, the current owners have done a lot to beautify and fortify the property. 4 parking spaces on site and more parking on the street, extra storage space, and a nice yard space for relaxing or BBQing all round this place out. Don't miss out!

Listed by Shift Real Estate and Martha Nowlan of EXP Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

28-32 Park Street Burlington VT 05401

Burlington, VT28-32 Park Street

Price$1,489,000

Est. Mortgage: $/month

MLS Number 4930936

  • Multifamily
  • Bathroom 6
  • Units 6
  • Square Feet 4,442
  • Acreage 0.05

Burlington Investment property in incredible location. Rare opportunity to own a 10 bedroom, 6 unit multi-family in the heart of Burlington. Perched next to Battery Park and and a few blocks from Waterfront Park and the top of Church Street, these units never have a vacancy. The building was fully rebuilt in the early 90's providing modern windows, siding, roof and interior finishes. The 4, two bedroom units sparkle with charm and offer 10 foot ceilings. Hardwood flooring and renovated kitchens throughout. This is a turn-key, income generating property, a must see for investors.

Listed by Erin Dupuis of Vermont Real Estate Company

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

38-44 Cedar Street Burlington VT 05401

Burlington, VT38-44 Cedar Street

Price$775,000

Est. Mortgage: $/month

MLS Number 4928831

  • Multifamily
  • Units 4
  • Acreage 0.17
  • Area Neighborhood
  • Square Feet 3,006

These two adjoining duplexes being sold together but deeded separately offer an excellent opportunity to expand your investment portfolio in Burlington's Old North End! Each building has it owns driveway that lead to large back grassy adjoining backyards - a real rarity in the Old North End. Each unit has a deck. Unit 44 has historically been owner occupied; the remaining 3 units have not been leased for at least 3 years. All units have their own separate utilities for heat, electric, hot water, & internet/cable/TV; each duplex has one water/sewer meter. All units have natural gas-powered Rinnai direct vent heaters with their own meters. 4 ranges & 3 refrigerators will convey with the sale. Two of the units need some renovation; the other two have been upgraded with paint, rugs, etc. Once renovated, we conservatively estimate that the monthly rental amounts for the three 2-bedroom units will be $1500 - $1650/month & the one 3-bedroom unit will be $2000 to $2200/month, but please do your own research. A Rental Certificate of Compliance for 42-44 Cedar was just issued & will expire in 2026. 38-40 Cedar's Rental Certificate of Compliance completed in 2017 has expired. Duplexes are being sold as is; seller will prefer offers with no contingencies. Per the Burlington Fire Marshal, no Time of Sale Inspection is required for the sale since the units are all vacant. Additional documentation available.

Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

21 Hyde Street Burlington VT 05401

Burlington, VT21 Hyde Street

Price$1,590,000

Est. Mortgage: $/month

MLS Number 4927691

  • Multifamily
  • Units 4
  • Bathroom 4
  • Square Feet 4,289
  • Acreage 0.39

Investment rental opportunity with 16 bedrooms in 4 well maintained units. Impressive rental history, 100% rented through May 2023. Two of the units are in a wonderfully modified classic Burlington City home with great features; porches up and down, some hardwood floors and loads of character. The 2 additional units are townhome style units with great floorplans. They feature open kitchen and living rooms with bedrooms up and down. There is ample onsite parking and green spaces include the large rear yard and side yard. Centrally located, walk or grab public transportation to UVM, the Medical Center, Church Street Marketplace and Roosevelt Park. Many new improvements including but not limited to windows, siding, appliances, flooring, interior remodeling, roof and more. 3D Virtual Tours Available

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

221 Saint Paul Street Burlington VT 05401

Burlington, VT221 Saint Paul Street

Price$750,000

Est. Mortgage: $/month

Pending

MLS Number 4925487

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.2
  • Square Feet 3,394

Unlimited Possibilities! Not just a 2-unit, 8-9 bedroom building….but a turn-key short/long term housing solution in a city that needs just that! Prime location at the edge of Burlington's Downtown Transition neighborhood and gateway to the dynamic South End. One look at the CAP RATE will convince you that this property deserves a serious look. Architectural plans and thoughtful site improvements have expanded city approved parking on the over-sized lot. This has created exciting potential for further development, now or in the near future, depending on your needs. Make an appointment for a preview and let us show you what this very special opportunity is all about. Possibilities include: Traveling nurses or other un-housed workers, Short or longer term rentals, Airbnb, hostel, etc. ***Make sure to click link for VIRTUAL TOUR ******Please see DOCUMENTS section for access to downloadable PDF containing much relevant information including: Development Possibilities, Architect's Renderings, Site improvements, Permits info, and much more!

Listed by Shawn P. Nolan of Cannizzaro Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

181 North Champlain Street Burlington VT 05401

MLS Number 4924628

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.15
  • Square Feet 2,078

This building has historically been easy to rent and has long term tenants. The owner has invested in individual boilers and water heaters so that the tenants pay for their own heat and hot water. The detached garage has a natural gas line to it, is insulated and finished with storage above. At present the owner uses the garage solely for himself, so there is potential additional income should the next owner want to rent out garage space. Unit 2 will be available for occupancy September 1st.

Listed by Michael Skinner of KW Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

378 Queen City Park Road Burlington VT 05401
Pending

MLS Number 4918104

  • Multifamily
  • Units 1
  • Bathroom 4
  • Square Feet 2,340
  • Acreage 0.25

FULLY RENOVATED IN 2008 WITH ALL NEW UTILITIES, ROOF, ETC, This fabulous 4 bedroom Colonial rental property is in a prime location at the southern edge of Burlington's popular South End! Perfect for off-campus housing, home office, bed and breakfast, etc. Each huge bedroom has its own full bathroom for privacy of each tenant and space for an office area, while common areas are open, airy, and well maintained with natural wood floors and plenty of space. Current owner rented rooms for $825 each plus utilities, but current comparables warrant $1000/room +, grossing the owner $48,000 per year. Low maintenance costs result in an expected cap rate of 5.5-6%. Five minute drive to UVM, Burlington Airport, or Downtown Burlington. One minute to supermarkets, Starbucks, or the Arts/Brewery District! One of the most convenient locations in the city, walking distance from the best hiking trails in Burlington. This place has it all... easy to shop, easy to play, easy to travel... easy to rent!

Listed by Steve Taubman of RE/MAX North Professionals

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

39-41 King Street Burlington VT 05401

Burlington, VT39-41 King Street

Price$900,000

Est. Mortgage: $/month

MLS Number 4917892

  • Multifamily
  • Units 4
  • Acreage 0.11
  • Square Feet 3,884

Located in the heart of Burlington, Vermont this 4-unit apartment is a great investment opportunity. King Street is an ideal location, perfect for undergrad and graduate students attending the University of Vermont or Champlain College and young professionals working in the greater Burlington area and surrounding communities. Sited on a residential corner street, this 2-story buildings offers 4 units; a studio, a two-bedroom apartment, 2 - three-bedroom apartments. Sellers have owned property for over 35 years with some tenants in residence for 15+ years. All tenants pay their own utilities. Four designated parking spots. The two-bedroom apartment was completely renovated in 2019. This is a turn-key income generating property with endless potential for the next investor.

Listed by Nancy Warren and Jay Strausser of Four Seasons Sotheby's Int'l Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

34-36 Lafountain Street Burlington VT 05401

MLS Number 4917260

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.05
  • Square Feet 1,870

Great Old North End (ONE) location with spacious apartments and high ceilings. A large 2 bedroom unit with basement access on 1st floor with large covered front porch and new carpet/vinyl plank floors and a equally nice 2 bedroom unit on second floor with direct access to front and rear covered porches along with an Office nook, extra half bath off kitchen and walk up to attic. Both apts. have direct access to back yard/garden space. Solid investment opportunity or possible Owner occupied situation with income from the other Unit. No off street parking, but plenty of street parking on Lafountain or Cedar Streets adjacent to building. Very walkable area with sidewalks to North Street, Lawrence Barnes Sustainability Academy and numerous markets/stores or walk/bike to Church Street Marketplace as well as Waterfront close by. Efficient natural gas heat. ONE is the place to be in Downtown Burlington!!

Listed by Gregory Monteith of Select Realty Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

38 Greene Street Burlington VT 05401

Burlington, VT38 Greene Street

Price$525,000

Est. Mortgage: $/month

Pending

MLS Number 4914910

  • Multifamily
  • Bathroom 2
  • Units 1
  • Square Feet 1,680
  • Acreage 0.04

This four bedroom, two bath located in the heart of UVM, UVM Medical Center and downtown Burlington one block off of Pearl Street. This spacious home has large living room, office/dining room, bright eat-in kitchen with plenty of cabinet space. Incredible front porch and off-street parking. A great opportunity for an investment now and future owner-occupied home for yourself with possibly accessory space! Currently rented through 5/24/2023..

Listed by Robbi Handy Holmes of BHHS Vermont Realty Group/S Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

38 Hayward Street Burlington VT 05401

Burlington, VT38 Hayward Street

Price$575,000

Est. Mortgage: $/month

MLS Number 4913655

  • Multifamily
  • Units 2
  • Bathroom 2
  • Acreage 0.09
  • Square Feet 1,500

Location Location - Five Sisters Neighborhood, Sought after South End Location. Modern updated units, great owner occupied or investment. Walk to Downtown, Restaurants, Micro Breweries, Art Galleries, Lake Champlain, Bike path, Shopping- Minutes to UVM Medical Center and colleges. Private Yard - parking. Each Unit has Covered Porch and W/D . 2nd floor 1 BR and Den. W/D's 1 yr. roof 10 Yrs +- Furnace 10 yrs+- subject to exchange. owner is licensed real estate broker.

Listed by Marlene O'Brien of O'Brien Realty,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

15-17 Weston Street Burlington VT 05401

Burlington, VT15-17 Weston Street

Price$650,000

Est. Mortgage: $/month

MLS Number 4905699

  • Multifamily
  • Units 3
  • Bathroom 3
  • Square Feet 2,244
  • Acreage 0.17

Located on a short one block street between Henry and Loomis Streets, this investment property offers excellent rental history, and solid numbers. Prime college rental location in the heart of downtown, with exceptional access to campuses, downtown, and UVM Medical Center. Urban living in the City, in a lovely neighborhood, within biking and walking distance of so many amenities. The large first floor unit is leased for the 22-23 school year for $825/bedroom, and includes a washer/dryer in the basement. The second floor 1 bedroom unit was updated in 2017 to include carpet in the bedroom, laminate flooring in the kitchen and living room, kitchen counter, and washer/dryer. Six approved off street parking spaces, and a large back yard makes it attractive to tenants. Building is to be conveyed As-Is.

Listed by Matt Hurlburt and Steve Donahue of RE/MAX North Professionals - Burlington

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

314 North Street Burlington VT 05401

Burlington, VT314 North Street

Price$895,000

Est. Mortgage: $/month

MLS Number 4905592

  • Multifamily
  • Units 3
  • Bathroom 3
  • Square Feet 3,704
  • Acreage 0.15

Attention investors! This Burlington Triplex is fully rented through May 2023 and offers a 7% cap rate! Two 4-bedroom units and one 1-bedroom. Separate utilities, off-street parking, shared backyard, and coin-op laundry. Tenants love these sunny apartments with loads of charm. Great location near Pomeroy Park and neighborhood eateries. Just a few blocks to downtown Burlington, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

$
$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

Broker Reciprocity

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 27, 2022 1:24 AM EDT.