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
$699,000
- 6 Beds
- 4 Baths
- 2,766 sq. ft.
- Multi-family
- Active
Listed by: paul cannizzaro
Office: cannizzaro real estate
MLS#:5050952
Source:PrimeMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$168.47
About this home
Enjoy a 7.7% cap rate on this well-Maintained 4-Unit Investment Property in 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, 2026 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 in the basement.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 #:5050952
- Added:161 day(s) ago
- Updated:December 17, 2025 at 01:34 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,766 sq. ft.
Structure and exterior
- Year built:1899
- Building area:2,766 sq. ft.
- Lot area:0.15 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$168.47
- Tax amount:$12,426 (25)
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