214-216 Pine Street, Burlington, VT 05401
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
214-216 Pine Street,Burlington, VT 05401
$639,000
- 6 Beds
- 3 Baths
- 1,772 sq. ft.
- Multi-family
- Active
Listed by: lipkin audette teamPhone: 802-846-8800
Office: coldwell banker hickok and boardman802-863-1500
MLS#:5094424
Source:PrimeMLS
Price summary
- Price:$639,000
- Price per sq. ft.:$240.41
About this home
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....
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Home facts
- Year built:1899
- Listing ID #:5094424
- Added:49 day(s) ago
- Updated:August 01, 2026 at 11:04 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate, Vinyl Plank
- Basement Description:Crawl Space, Exterior Access, Unfinished, Walk-up
- Living area:1,772 sq. ft.
Heating and cooling
- Heating:Direct Vent
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1899
- Building area:1,772 sq. ft.
- Lot area:0.04 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$639,000
- Price per sq. ft.:$240.41
- Tax amount:$9,750 (2027)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Dirt Driveway
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