Burlington, VT | 512-514 Saint Paul Street

$689,900
MLS#: 5031301
2
# of Units
2,793
Total Sq. Feet
0.14
Acres
$14,119
Taxes
1 of 41

General Property Information

Price:
$689,900
County:
VT-Chittenden
Acres:
0.14
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Peter Yee
Yellow Sign Commercial Inc.

Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. We have the property leased until the end of May in the year 2026 making this a turn key investment. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. The highly desired south end of Burlington attracts the best tenant demographic in the area. Rents continue to increase in our market and over time your cashflow will continue to get better. Currently heat is included with the rents which is a large expense that a savvy investor can fix by separating the heat and allowing tenants to pay their own heat. The garage and residential corridor zoning offer potential for future development of additional units. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1899
Parking:
Road Frontage:
0
Acres:0.14
Gross Income:
70,800
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
2793
Sq Ft (Below Ground):
0
Total Sq Ft:
2793
Land Description:City Lot
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
#Bedrooms:
0
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-03-06
Last Updated:

Morrisville Office

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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