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Dave Hansen

david.hansen@kw.com +1(603) 852-2913

Listed by Lipkin Audette Team • Coldwell Banker Hickok and Boardman • Phone: 802-846-8800

$ 639,000

Est. payment | -/mo

6 Beds

3 Baths

1,772 SqFt

Save

$ 639,000

Est. payment | -/mo

Save

6 Beds

3 Baths

1,772 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $360

MLS Listing ID 5094424

Bedrooms 6

Full Baths 3

Construction Status Existing

Year Built 1899

Annual Tax Amount $9,500

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Property 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.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Res-High Intensity

Rooms

Basement Entrance Walk-up

Basement Crawl Space, Unfinished, Exterior Access

Interior

Cooling None

Flooring Carpet, Laminate, Vinyl Plank

Exterior

Utilities Available Cable Available

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

School District Burlington School District

Nearby Locations

GET MORE INFORMATION

Dave Hansen

REALTOR® | Lic# 069214

david.hansen@kw.com

+1(603) 852-2913

168 South River Rd Bedford NH, 03110

214-216 Pine ST Burlington, VT 05401

Dave Hansen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

214-216 Pine ST