Listing Courtesy of:
Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Associate Name: Lipkin Audette Team
Exceptional investment opportunity in one of Burlington's most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.
Listed By
Agency Name: Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Agent Name: Lipkin Audette Team
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,400.18 per month $1,422.14 Principal & Interest $791.67 Property Tax $186.38 Homeowner's Insurance
214-216 Pine Street | MLS# 5094424
This multi-family property located at 214-216 Pine Street, Burlington, VT 05401 is currently listed for sale with an asking price of $639,000. 214-216 Pine Street is located within the Burlington school district. Search Burlington real estate on www.masiellogrouprealestate.com today.