Burlington VT

MLS Number 5083112

• Multifamily
• Units 17
• Acreage 0.37
• Square Feet 16,481
• Area VT-Chittenden

Rare opportunity to acquire a fully renovated, income-producing multi-building portfolio in Burlington's highly desirable Downtown Center (FD5) zoning district. 260 & 252 College Street offer a combined 20 residential units with 48 total bedrooms, ideally positioned for strong rental demand and long-term appreciation. 260 College Street features 14 units (45 beds) within a historically significant structure originally built in 1906 and thoughtfully converted to multifamily use. A comprehensive, unit-by-unit gut renovation completed in 2026 delivers modern systems and finishes throughout, including new kitchens, baths, electrical, plumbing, sprinkler system, and common boiler. The property benefits from high ceilings (up to 18'), maximizing livability and tenant appeal, while added bedrooms and newly created units enhance income potential. Additional capital improvements include secure gated access, camera system, exterior lighting, and upgraded common amenities, positioning the asset as a turnkey, low-maintenance investment. 252 College Street complements the offering with a fully renovated 3-unit building (completed 2025), converted from office to residential use. Each unit features modern finishes, in-unit laundry, and separate boilers, providing operational efficiency and strong tenant demand. Together, the properties offer diversified unit mix, separately metered electric, and significant recent capital investment across all major systems-minimizing near-term expenses. Located in a prime rental corridor near downtown amenities, employment, and universities, the portfolio is well-positioned for stable occupancy and continued rent growth. Ideal for investors seeking a turnkey asset with scale, strong cash flow potential, and long-term upside in one of Vermont's most resilient rental markets.

Listed by Robert Foley of Flat Fee Real Estate

MLS Number 5082249

• Multifamily
• Address 61 Elmwood Avenue
• Units 16
• Acreage 0.3
• Square Feet 8,736

The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is over 8%, with the ability to quickly increase the monthly rents within year one of ownership. Priced well below replacement value and offers potential significant benefits from an upfront cost segregation analysis.

Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

MLS Number 5082828

• Residential Single Family
• Full Bath 2
• Address 78 Crescent Road
• Construction Existing
• Bedrooms 4

1.79 acres in Burlington's Hill Section, this property offers a rare combination of scale, privacy, and proximity to some of the area's most recognized destinations, including the University of Vermont, UVM Medical Center, Lake Champlain, and Burlington Country Club. The home is positioned more than 100 feet from the road, elevated on a generous lot that allows for a quiet setting with surrounding green space. A comprehensive renovation completed in 2023 brought significant upgrades throughout the interior and exterior, with careful attention to materials, layout, and long-term functionality. The kitchen has been expanded and reconfigured with commercial-grade appliances, walnut cabinetry, and a 10-foot center island designed for both everyday use and larger gatherings. Adjacent living spaces connect seamlessly to an expansive deck exceeding 1,000 square feet, complemented by a gas fire pit and updated exterior finishes, including new architectural roofing. All bedrooms include en-suite baths, and a large laundry room with storage and sink are located on the 2nd floor as well. A redesigned mudroom enhances daily organization and storage. The oversized garage adds flexibility for vehicles or other equipment. The basement can be accessed from the garage as well as from the interior, and features an extra-large infrared sauna. A fully permitted one-bedroom accessory dwelling unit provides additional versatility, complete with its own kitchen, office area, and private staircase - well suited for extended stays or independent living arrangements. The grounds have been extensively improved with new landscaping and an irrigation system, creating a gracious outdoor environment that reflects Vermont's seasonal appeal, while remaining easy to maintain.

Listed by Brian M. Boardman of Coldwell Banker Hickok and Boardman

MLS Number 5089323

• Multifamily
• Units 7
• Bathroom 13
• Acreage 0.53
• Square Feet 5,798

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, thisrare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four ofthe units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area providesample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoyimmediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, theUniversity of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access tomajor roadways and public transportation adds even more appeal for long-term tenants. Whether you're looking to expand your portfolio or invest in one of Burlington'smost desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning Districtwhich offers even further redevelopment potential, reach out for more specific details!

Listed by Kassian Prior of KW Vermont

MLS Number 5089321

• Commercial
• Year Built 1988
• Square Feet 5,798
• Acreage 0.53
• Area VT-Chittenden

Opportunity awaits with this unique 7-unit investment property in the heart of Burlington. Situated directly across from beautiful Ethan Allen Park, this rare offering includes six townhouse-style apartment units plus a separate single-family home, creating strong income potential and flexible rental opportunities. Four of the units have recently been extensively updated, including new flooring, new kitchens and new paint over the past several years.The expansive parking area provides ample off-street parking for tenants and guests alike. Tenants will love the unbeatable location with nature, recreation, and convenience all at their doorstep. Enjoy immediate access to walking trails, scenic overlooks, playgrounds, and green space at Ethan Allen Park, while still being just minutes from downtown Burlington, the University of Vermont, University of Vermont Medical Center, local restaurants, shopping, breweries, and the Burlington Bike Path along Lake Champlain. Easy access to major roadways and public transportation adds even more appeal for long-term tenants. Whether you're looking to expand your portfolio or invest in one of Burlington's most desirable locations, this property offers exceptional potential in a highly sought-after setting. The property is in the Neighborhood Activity Center Zoning District which offers even further redevelopment potential, reach out for more specific details!

Listed by Kassian Prior of KW Vermont

MLS Number 5089984

• Multifamily
• Units 3
• Bathroom 5
• Acreage 0.55
• Square Feet 5,239

So much to love in this unique and historic character-filled home. Originally built for a member of Vermont's founding Ethan Allen family, this exceptional Burlington property is beautifully maintained with modern updates. Situated on over a half acre, the backyard is a private oasis with mature shade trees, ample perennial gardens, patios, and artisanal stone walls. With three complete renter-ready units, the property could be owner-occupied, a dedicated income property, or easily restored to a stately single residence. A great setup for multi-generational living with three distinct living spaces, all with internal and exterior access. The central residence, with a brand-new kitchen, offers over 2,500 square feet with 3+ bedrooms brimming with unique features. Its third-floor balcony offers stunning sunset views of the Adirondack Mountains. Two-story kitchen windows face west over the backyard and illuminate the heart of the home. On the south end of the structure, a lovely two-bedroom apartment was recently updated and is flooded with natural light. This two-story unit with two bedrooms has a separate designated driveway and exterior entrance, lending it added privacy. Interior access to this unit from the central residence allows it to be incorporated into the main residence or used as an in-law suite, caretaker or overflow space for family and guests. The “artist's studio” on the north side of the structure was architecturally designed and built in 2009, with a kitchen added in 2018. A spacious two-bedroom apartment, it is connected to the central residence by a delightful sky bridge. It also enjoys direct and private access to the driveway and garden from the ground floor. A barn-style two-car garage with gambrel roofs and unique siding offers second-floor loft space waiting for the next buyer's vision! Easy access to Downtown Burlington, the waterfront, the University of Vermont, the UVM Medical Center, and Champlain College.

Listed by Brian M. Boardman of Coldwell Banker Hickok and Boardman

MLS Number 5089979

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 7
• Bathroom 5

So much to love in this unique and historic character-filled home. Originally built for a member of Vermont's founding Ethan Allen family, this exceptional Burlington property is beautifully maintained with modern updates. Situated on over a half acre, the backyard is a private oasis with mature shade trees, ample perennial gardens, patios, and artisanal stone walls. With three complete renter-ready units, the property could be owner-occupied, a dedicated income property, or easily restored to a stately single residence. A great setup for multi-generational living with three distinct living spaces, all with internal and exterior access. The central residence, with a brand-new kitchen, offers over 2,500 square feet with 3+ bedrooms brimming with unique features. Its third-floor balcony offers stunning sunset views of the Adirondack Mountains. Two-story kitchen windows face west over the backyard and illuminate the heart of the home. On the south end of the structure, a lovely two-bedroom apartment was recently updated and is flooded with natural light. This two-story unit with two bedrooms has a separate designated driveway and exterior entrance, lending it added privacy. Interior access to this unit from the central residence allows it to be incorporated into the main residence or used as an in-law suite, caretaker or overflow space for family and guests. The “artist's studio” on the north side of the structure was architecturally designed and built in 2009, with a kitchen added in 2018. A spacious two-bedroom apartment, it is connected to the central residence by a delightful sky bridge. It also enjoys direct and private access to the driveway and garden from the ground floor. A barn-style two-car garage with gambrel roofs and unique siding offers second-floor loft space waiting for the next buyer's vision! Easy access to Downtown Burlington, the waterfront, the University of Vermont, the UVM Medical Center, and Champlain College.

Listed by Brian M. Boardman of Coldwell Banker Hickok and Boardman

MLS Number 5082283

• Residential Single Family
• Full Bath 1
• Address 25 Buell Street
• Construction Existing
• Bedrooms 4

Lovingly and meticulously updated Victorian blends historic charm with refined contemporary living. Since 2019, this gorgeous home has been extensively renovated with a new kitchen, three new baths, new lighting, and efficient heat pump for whole house year-round comfort, all with new wiring and plumbing. All the work is done. Inside, exquisite unpainted woodwork, pocket doors, stained glass, and original hardwood floors create a warm, light-filled ambiance. Double wall construction creates a surprisingly quiet interior. The chef's kitchen, rebuilt to the studs, showcases custom cabinetry, Danby VT marble counters and large island, 4-burner gas range with griddle and electric oven, wine fridge, coffee bar, and original pantry - perfect for entertaining. The expansive primary suite is a sanctuary, featuring a spa-like marble bath with soaking tub, steam shower, heated towel bars, and radiant heat. Additional distinctive spaces include a soaring post-and-beam attic and “tower room” ideal for a studio, office, or retreat, plus a local quarried red stone basement with wine cellar and gym. Outdoors, enjoy a gracious wrap-around porch, private courtyard, and lush gardens. Ideally located near downtown, with easy access to shops, dining, the waterfront, UVM, Champlain College, and the UVM Medical Center. This rare blend of beautiful design, highest quality construction, and modern luxury features sets the stage for an exceptional urban lifestyle. City records reflect six bedrooms; there is a first- floor office with adjoining bath which could be a fifth bedroom. While a wonderful home, the property is located in the downtown zoning district allowing for a wide range of commercial, retail, hospitality uses.

Listed by Brian M. Boardman of Coldwell Banker Hickok and Boardman

MLS Number 5087342

• Multifamily
• Address 26-28 Converse Court
• Units 5
• Bathroom 5
• Acreage 0.12

Setting the standard. One of Burlington's top student rental properties, ideally located between campus and downtown on a dead-end street. Features include updated interiors, all newer bathrooms and kitchens, vaulted ceilings, hardwood floors, and spacious, well-designed layouts. Plenty of off-street parking, coin-op laundry, and tenant storage. Strong rental history with the property fully rented through May 2027.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 5069129

• Condo
• Square Feet 1,502
• Bedrooms 2
• New Contruction New Construction
• Address 125 Cambrian Way

Sunsets just got better at One25 Cambrian Way. This brand-new top-floor condo offers 2 bedrooms, 2 bathrooms, and a den, all with stunning, unobstructed views of Lake Champlain. Inside, enjoy luxurious finishes like sleek quartz countertops, a Valor electric fireplace, and heated floors in the bathrooms. The building's amenities include a fitness center, outdoor spaces with a dog park, garden beds, a pizza oven, grills, and a fire pit. Secure underground parking with storage, EV charging stations, and a secure mailroom add extra convenience. With an on-site property manager handling the details, you can relax and enjoy the best of modern living. Located just 1.5 miles from Church Street Marketplace, One25 offers unmatched quality, comfort, and convenience-you really have to see it to feel it.

Listed by Patrick O'Brien of S.D. Ireland Properties