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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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214-216 Pine St , Burlington, VT 05401
$639,000
Est. Payment: $3,315.63/mo
6 Bed
3 Bath
1772 Sqft
Status: active | Days on site: 48
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by The Steve Audette Team , 802-846-8800 Coldwell Banker Hickok and Boardman , 802-863-1500. PrimeMLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1899

County

Chittenden

School District

Burlington School District

Listing ID

5094424

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Floor:Carpet,Laminate,Vinyl Plank
Above Ground Sq Ft:1772
Basement:Yes,Crawl Space,Unfinished,Exterior Access

Exterior Features

Lot:Existing
Zoning:Res-High Intensity
Roof:Asphalt Shingle
Others:Balcony
Sewer:Public
Parking Features:Parking Spaces 1
Principal Interest
$3,316
Taxes
$813

Home Price

$639,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$127,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,315.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,315.63 $812.54 $0.00 $4,128.17
Yearly $39,787.60 $9,750.48 $0.00 $49,538.08
Total $1,193,628.05 $292,514.40 $0.00 $1,486,142.45

Today's Rates

30 Year

6.75%

20 Year

6.69%

15 Year

6.19%

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Market insight data is pulled from the same city as the listing being viewed (Burlington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 2, 2026 3:01am

Data last updated: 2026-08-02T07:01:24.600Z

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