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Listed price in listed location currency (USD).
$639,000

030

MLS® 5094424

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1772 sqft
Garage No
Taxes $9,500
Days Active 0
Lot Size 0.04 acres
Approx. Age 1899
Avg. Price Per Sqft $360
MLS® Number 5094424

Property Address: 216-214-216 Pine St, Burlington, VT, 05401-4737

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in one of Burlington’s most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.
MLS® Number5094424
Laundry Level
Central VacNo
FireplaceNo
Acreage0.04
Exterior
GarageNo
Approx. Age1899
BasementCrawl Space, Exterior Entry, Unfinished
DrivewayParking Spaces 1
Garage Spaces
HeatDirect Vent
A/CNone

Extras

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