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Sherry Stallings

sherry@profoundhometeam.com +1(978) 660-3039

Listed by Elise Polli • Polli Properties

$999,000

Est. payment - /mo

4 Beds

4 Baths

2,084 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,084 sqft

Price per Sqft $479

MLS Listing ID 5067151

Bedrooms 4

Full Baths 4

Construction Status Existing

Year Built 1932

Annual Tax Amount $10,207

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Description

All units are fully occupied! Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit property offers a strong 7% cap rate, with all of the units rented- perfect for both investors and owner-occupants seeking steady income and long-term growth. Conveniently located near Shelburne Road, Pine Street, and downtown Burlington, enjoy easy access to shopping, dining, local events, recreation, UVM and Champlain College campuses, the UVM Medical Center, and the local bus line for effortless commuting. The property includes two studio apartments and two 2-bedroom units, each thoughtfully updated to attract quality tenants and minimize future maintenance. Unit 476 #1 features two bedrooms, an updated ¾ bathroom with a custom tiled shower, and a refreshed kitchen. Unit 478 #1 also offers two bedrooms, a new kitchen and bathroom, and fresh paint throughout. Units 476 #2 and 478 #2 are spacious studios with convenient mudroom entries and updated kitchens and bathrooms- 478 #2 recently received extensive improvements, including new finishes and fixtures. Major building upgrades provide peace of mind and long-term value, including a new roof installed in November 2023 and a new boiler replaced in 2025. Tenants also enjoy access to a shared laundry room at no cost. With its excellent condition, recent capital improvements, and prime Burlington location, this property presents a turnkey investment opportunity offering immediate income and lasting stability.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Residential - Corridor

Rooms

Basement Entrance Walk-up

Basement Bulkhead, Unfinished, Exterior Access

Interior

Cooling None

Flooring Carpet, Hardwood, Tile

Exterior

Utilities Available Telephone Available

Roof Type Asphalt Shingle

Building

Story 1.5

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Choice

Middle Schools Edmunds Middle School

High Schools Burlington High School

School District Burlington School District

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Sherry Stallings

+1(978) 660-3039

Broker Associate | License ID: 9572159

Broker Associate License ID: 9572159

476-478 Saint Paul ST Burlington, VT 05401

Sherry Stallings

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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