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Adam Dow

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

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86 North Union St , Burlington, VT 05401
$1,295,000
Est. Payment: $2,877.78/mo
10 Bed
3 Bath
2632 Sqft
Status: Active | Days on site: 28
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House Description

Fully Leased Burlington Triplex Near UVM | 8.0% Cap Rate | 10 Bedrooms Rare opportunity to acquire a fully leased 3-unit multifamily investment property in Burlington, Vermont, located just 4.5 blocks from the University of Vermont and within walking distance of Downtown Burlington. Offering an attractive 8.0% cap rate, this turnkey investment features 10 bedrooms across three units and is fully leased through May 2027 with signed leases and parental co-signers in place. Positioned in one of Burlington's strongest rental markets, the property benefits from consistent demand driven by its proximity to UVM, downtown employment centers, restaurants, entertainment, and public transportation. The building maintains a strong occupancy history and is currently 100% occupied. Property features include: 3-unit multifamily / triplex 10 total bedrooms 8.0% cap rate Fully leased through May 2027 Signed leases with parental co-signers 7 off-street parking spaces, including detached garage Coin-operated laundry for additional income Hardwood floors throughout Original built-in cabinetry and woodwork Three porches No-smoking property No-animal policy Strong rental history and occupancy record Operating expenses are enhanced by tenant-paid utilities, with tenants responsible for electricity, natural gas heat, and internet service. This Burlington multifamily investment combines stable cash flow, strong in-place income, and long-term appreciation potential in a highly desirable walk-to-campus location. The combination of an 8.0% cap rate, 10-bedroom configuration, ample parking, tenant-paid utilities, and leases secured through May 2027 makes this a compelling opportunity for investors seeking immediate returns and predictable income. Investment Highlights Burlington, Vermont University of Vermont (UVM) location Walk-to-campus investment property Fully leased through May 2027 8.0% cap rate 100% occupied Tenant-paid utilities Coin-operated laundry income Downtown Burlington

Highlights

Listed by Chad Dion , 802-318-1599 Chad Dion Real Estate , 802-318-1599.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1925

County

Chittenden

School District

Burlington School District

Listing ID

5095537

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:3
  • Full Bathrooms:
Above Ground Sq Ft:2632
Basement:Yes,Bulkhead,Concrete Floor,Unfinished,Interior Access

Exterior Features

Lot:Existing
Zoning:R3
Roof:Asphalt Shingle
Sewer:Public
Parking Features:Assigned,Off Street,Parking Spaces 6+
Principal Interest
$2,878
Taxes
$1,354

Home Price

$1,295,000

Loan Details

30 yrs
%

Down Payment

20%
$259,000
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Monthly Price:
$2,877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,877.78 $1,353.78 $0.00 $4,231.55
Yearly $34,533.33 $16,245.32 $0.00 $50,778.65
Total $1,036,000.00 $487,359.60 $0.00 $1,523,359.60

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.