- – beds
- – baths
- 3,680 sqft
- 4,792 sqft lot
- $297 per sqft
- 1920 build
- – on site
Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit property on St. Paul Street offers strong cash flow and an attractive cap rate between approximately 5.9% and 6.4%. The building features two 1-bedroom units on the first floor and two spacious 3-bedroom units on the upper levels, spread across three stories of living space. Upstairs units enjoy private decks off the kitchens, while the first-floor units each have rear porches opening to a shared, private backyard — a rare find in this location. Tenants also benefit from basement storage and shared laundry, plus multiple heat sources for year-round comfort. With a walkable location close to downtown, the waterfront, colleges, public transit, and all the restaurants and shops Burlington has to offer, this property is as convenient as it is desirable. Whether you’re expanding your portfolio or looking for a stable income-producing asset, this one checks all the boxes. See associated documents for financials and further details. The owner has taken great care of the building and lives local. Be sure to read his detailed improvements over the years that are online in MLS.
Last checked:
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Last updated Jun 25, 2025
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MLS# 5048411 —
The Building
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Year Built:1920
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Victorian
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Roof:Shingle - Asphalt
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Foundation:Brick, Concrete, Stone
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Total Stories:3
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Total Units:4
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Approx SqFt Total:5520
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Approx SqFt Total Finished:3,680 Sqft
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Approx SqFt Finished Above Grade:3,680 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Assessor
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Approx SqFt Unfinished Below Grade:1840
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Approx SqFt Finished Building Source:Assessor
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Approx SqFt Unfinished Building Source:Assessor
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Approx SqFt Finished Above Grade Source:Assessor
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Road Frontage Type:Public
Interior
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Flooring:Tile, Wood
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Basement:Yes
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Basement Description:Bulkhead, Concrete Floor, Exterior Access, Interior Access, Storage Space, Stairs - Interior, Unfinished
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Basement Access Type:Walk-up
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Room 5 Type:Leased
Room Dimensions
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Room 16 Dimensions:Second & third floor
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Room 18 Dimensions:Flat
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Room 19 Dimensions:Flat
Location
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Directions:Follow US-7 North from Shelburne to St. Paul's street. House is on the left as you approach maple street. Parking on Street. Tenants have 2 parking spaces.
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Latitude:44.473308000000003
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Longitude:-73.214074355819704
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:City Lot, Neighbor Business, Rental Complex, Street Lights, Near Public Transportatn, Near Hospital
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Lot SqFt:4,792 Sqft
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Lot Acres:0 Sqft
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Zoning:Mixed Use
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Exterior Features:Deck, Fence - Partial, Garden Space
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Driveway:Gravel
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Waterview:No
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Waterfront:No
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Water Body Access:No
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ROW - Parcel AccessUnknown
Listing Agent
- Contact info:
- Office phone:
- (802) 864-0541
Taxes
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Tax Year:2025
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Taxes TBD:No
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Tax - Gross Amount:$22,575
Beds
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Bedrooms - Level 4:3
Baths
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Total Full Baths:4
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Three Quarter Baths:5
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Half Baths Size:18 Sqft
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:297.55
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Natural Gas, Baseboard, Electric, Forced Air, Mini Split
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Total Heat Units:4
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Cooling:Individual, Mini Split
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Total Water Heaters:4
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Fuel Company:VT Gas
Utilities
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Utilities:Cable - Available
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Separate Utilities:Varies
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
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Total Gas Meters:5
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Total Electric Meters:5
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Cable Company:Burl Telecom
Appliances
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Appliances:Water Heater – Gas
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Total Refrigerators:4
Schools
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Elementary School:Edmunds Elementary School
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Middle Or Junior School:Edmunds Middle School
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High School:Burlington High School
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School District:Burlington School District
The Community
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Covenants:Unknown
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Easements:Unknown
Parking
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Parking:On Street, Parking Spaces 2
Extra Units
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Unit 1 Rooms:4
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Unit 1 Bedrooms:1
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Unit 1 Approx SqFt:800 Sqft
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Unit 2 Bedrooms:1
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Unit 2 Approx SqFt:800
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Total 3+ BR Units:2
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Unit 3 Style:Second & third floor
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Unit 3 Rooms:5
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Unit 3 Bedrooms:3
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Unit 3 Baths:1
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Unit 3 Approx SqFt:1,350 Sqft
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Unit 4 Bedrooms:3
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Unit 4 Baths:1
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Unit 1 Info:Air Conditioner, Appliances Included, CO Detector, Electric, Heat, Heat - Natural Gas, Hot Water, Porch, Range - Gas, Refrigerator, Smoke Detector, Water Heater
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Unit 2 Info:Appliances Included, CO Detector, Dishwasher, Disposal, Dryer, Heat - Natural Gas, Hot Water, Range - Gas, Refrigerator, Smoke Detector, Washer
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Unit 3 Info:Appliances Included, CO Detector, Deck, Dishwasher, Disposal, Dryer, Range - Gas, Refrigerator, Smoke Detector, Washer
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Unit 4 Info:Appliances Included, CO Detector, Deck, Dishwasher, Disposal, Electric, Hot Water, Range - Gas, Refrigerator, Smoke Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/25
Jun 25, 2025
|
Listed / Active | PRIME_MLS | $1,095,000 |