Price Reduced 3.79%
Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-846-8800
Price History
$1,450,000
5/13/2026
$1,395,000
6/26/2026
18 Park Street, Burlington, VT, 05401
10 beds
10 Full baths
1845
Multi-Family
5,017 sqft
Buyer Opportunity: Well-Located 10-Unit Investment with Strong Cash Flow & 9%+ Cap Rate. Rare opportunity to own a 10-unit multi-family property in one of Burlington's most sought-after downtown locations, directly across from Battery Park and moments from the waterfront, bike path, Church Street, restaurants, and downtown employers. The property includes two buildings with a strong unit mix made up of highly desirable and easy-to-rent 1-bedroom and studio apartments - layouts that continue to see consistent demand from tenants seeking downtown living with ample parking! The front brick building contains 4 distinctive apartments, while the rear building offers 6 single-level apartments with straightforward layouts. Well-maintained with fresh paint and tenants paying heat and electric, this property offers easy-to-rent apartments with laundry and a strong cash return in a premier Burlington location!
Status:
Active
Type:
Multi-family
Units:
10
Zoning:
RH
Heating:
Natural Gas
Cooling:
None
Basement:
Unfinished
Acreage:
0.21
Est. Taxes:
$31,544
Lot Description:
City Lot
MLS #:
5088609