Price Reduced 6.80%
Listing courtesy of Paul Cannizzaro, RE/MAX Preferred 802-862-9700
Price History
$750,000
7/10/2025
$699,000
8/4/2025
290-292 North Street, Burlington, VT, 05401
14 rooms
6 beds
4 Full baths
1899
Apartment Building
2,766 sqft
Enjoy a 7.7% cap rate on this well-Maintained 4-Unit Investment Property in Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential.Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage in the basement.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment opportunity with stable income and room for growth.Seller is licensed Broker
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
Res Med density
Frontage:
61
Heating:
Natural Gas
Cooling:
None
Basement:
Bulkhead, Concrete Floor
Acreage:
0.15
Est. Taxes:
$12,426
Lot Description:
City Lot,Near Public Transportatn
MLS #:
5050952