Burlington Multi Family Homes

MLS Number 4907771

• Multifamily
• Units 2
• Acreage 0.21
• Square Feet 2,940

Incredible location with plenty of on-site parking, one block away from UVM & Champlain College Campuses. 201 & 205 South Prospect Street are being marketed for sale together, for $2.2m. Impressive rent history, and currently 100% occupied, and leased through 2023. Financials provided to prequalified buyers. Scheduled showings: Tuesday May 3rd 12-2PM Wednesday May 4th 12-2PM Saturday May 7th 11am-1pm

Listed by Steve Donahue and Meg McGovern of Donahue & Associates,LLC

MLS Number 4905699

• Multifamily
• Bathroom 3
• Units 3
• Square Feet 2,244
• Acreage 0.17

SHOWINGS MON 5/16 12-1P. Located on a short one block street between Henry and Loomis Streets, this investment property offers excellent rental history, and solid numbers. Prime college rental location in the heart of downtown, with exceptional access to campuses, downtown, and UVM Medical Center. Urban living in the City, in a lovely neighborhood, within biking and walking distance of so many amenities. The large first floor unit is leased for the 22-23 school year for $825/bedroom, and includes a washer/dryer in the basement. The second floor 1 bedroom unit was updated in 2017 to include carpet in the bedroom, laminate flooring in the kitchen and living room, kitchen counter, and washer/dryer. Six approved off street parking spaces, and a large back yard makes it attractive to tenants. Building is to be conveyed As-Is.

Listed by Matt Hurlburt and Steve Donahue of RE/MAX North Professionals - Burlington

MLS Number 4905592

• Multifamily
• Units 3
• Bathroom 3
• Acreage 0.15
• Square Feet 3,704

Attention investors! This Burlington Triplex is fully rented through May 2023 and offers a 7% cap rate! Two 4-bedroom units and one 1-bedroom. Separate utilities, off-street parking, shared backyard, and coin-op laundry. Tenants love these sunny apartments with loads of charm. Great location near Pomeroy Park and neighborhood eateries. Just a few blocks to downtown Burlington, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4905351

• Multifamily
• Units 5
• Square Feet 7,564
• Acreage 0.09
• Utilities Cable

Award Winning Historic Preservation! Recently restored, this historical property includes four apartments as well as a restaurant/café space. Known as one of Burlington's oldest industrial buildings, 495 Colchester Avenue was built circa 1840 as a blacksmith shop. Sometime around the turn of the century it transitioned to Lamare and Abare's Grocery. After the historic flood of 1927, Colchester Avenue and the bridge connecting it to Winooski were raised. In 2016 the current owners undertook a two-year historic restoration project which included raising the building 10 feet and completely restoring the structural integrity of the building with brick and timber framing. This resulted in an extra level of useable space which has since been converted into a restaurant, currently leased to The Boardroom Café. The balance of the building was also completely renovated and includes two two-bedroom apartments and two three-bedroom units with views of the Winooski River. Upon completion of the project the owners received a Historic Preservation Award from the City of Burlington. This is a first-class mixed-use property located within walking distance to UVM, the hospital and downtown Winooski. Please call the agent to discuss more of the wonderful details of this property that are too numerous to fit in this description.

Listed by Duncan Harris of The Kingsland Company

MLS Number 4904232

• Multifamily
• Units 3
• Square Feet 2,555
• Acreage 0.08
• Utilities Internet - Cable

Very well maintained three unit building in the heart of downtown Burlington within blocks of UVM, Champlain College, Church Street and the UVM Medical Center. Turn key investment with all leases in place. The units are in very good shape. Unit 1 is a 3 bed, 1 bath with hardwood and tile flooring, updated kitchen, gas fireplace for primary heat and energy efficient windows. Unit 2 is a 2 bed, 1 bath and Unit 3 is a 2 bed, 1 bath. Rents a slightly below market and owner projects an additional $5,000 in annual income from raising rents to market. A great investment.

Listed by Robert Foley of Flat Fee Real Estate