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Multi-Family Homes in Burlington, Vermont

Looking for investment properties in Burlington, VT? You found 'em! These multifamily homes offer great opportunities for investment and generating income. From small, two-unit duplexes to larger buildings with many units, you can easily reap the benefits of these lovely multifamily homes. Rent out the units or move in with extended family so everyone can have their own space and still live together. All located in Burlington, you can enjoy proximity to Vermont's best assets: Lake Champlain, Church Street Marketplace, nearby mountains, and more!

Burlington New Construction Homes for Sale For Sale

Explore the newest multifamily properties for sale in Burlington, VT below. Contact Geri to schedule a tour or ask questions about your search. Create an account to save your search and receive notifications by email when new real estate listings matching your criteria come onto the market.

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72-74 N Champlain Street Burlington VT 05401

MLS Number 4931257

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

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

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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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
  • 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

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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38-44 Cedar Street Burlington VT 05401

Burlington, VT38-44 Cedar Street

Price$775,000

Est. Mortgage: $/month

Pending

MLS Number 4928831

  • Multifamily
  • Square Feet 3,006
  • Acreage 0.17

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

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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21 Hyde Street Burlington VT 05401

Burlington, VT21 Hyde Street

Price$1,590,000

Est. Mortgage: $/month

MLS Number 4927691

  • Multifamily
  • 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

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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409-411 North Street Burlington VT 05401

Burlington, VT409-411 North Street

Price$775,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4926808

  • Multifamily
  • Bathroom 2
  • Square Feet 2,352
  • Acreage 0.11

Built as a two family home, this well-maintained duplex is situated in a wonderful, convenient location. There are two separate entrances for the units as well as a separate staircase to the basement, where new washers and dryers are stationed. Each unit is a 2 bedroom 1 bathroom, with a dedicated dining room and living room space, along with hardwood floors throughout and updated bathrooms. The property still boasts charm from the 1920's, with built-ins, original trim and doors, beautiful wood details and double-hung windows. The full, walk-up attic is easily accessed from the second floor unit and is unfinished but could be remodeled to include an office, guest suite or bonus room. Both units have expansive front porches and smaller back porches. The garage is a two car garage and there is plenty of off-street parking. This could be a great property to be owner occupied while listing the other unit as short term rental.

Listed by Derek Eisenberg of Continental Real Estate Group,Inc.

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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221 Saint Paul Street Burlington VT 05401

Burlington, VT221 Saint Paul Street

Price$750,000

Est. Mortgage: $/month

Pending

MLS Number 4925487

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

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

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$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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181 North Champlain Street Burlington VT 05401

MLS Number 4924628

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

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

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%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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39-41 King Street Burlington VT 05401

Burlington, VT39-41 King Street

Price$900,000

Est. Mortgage: $/month

MLS Number 4917892

  • Multifamily
  • Square Feet 3,884
  • Acreage 0.11

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

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$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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34-36 Lafountain Street Burlington VT 05401

MLS Number 4917260

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

Great Old North End (ONE) location with spacious apartments and high ceilings/lots of windows. 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.

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$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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38 Greene Street Burlington VT 05401

Burlington, VT38 Greene Street

Price$525,000

Est. Mortgage: $/month

Pending

MLS Number 4914910

  • Multifamily
  • Bathroom 2
  • 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

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$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.

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Broker Reciprocity

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 October 2, 2022 11:54 AM EDT.