290-292 North Street, Burlington, VT 05401
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
290-292 North Street,Burlington, VT 05401
$645,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: paul cannizzaro
Office: cannizzaro real estate802-862-9700
MLS#:5073153
Source:PrimeMLS
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Price summary
- Price:$645,000
About this home
Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a 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. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.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 with stable income and room for growth.Seller is licensed Broker
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Home facts
- Year built:1899
- Listing ID #:5073153
- Added:94 day(s) ago
- Updated:April 11, 2026 at 06:50 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Vinyl
- Basement Description:Bulkhead, Concrete Floor, Walk-up
Structure and exterior
- Year built:1899
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$645,000
- Tax amount:$12,426 (25)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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