Properties Near 44 Drew Street Burlington, VT

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Exceptional opportunity in Burlington’s sought-after Lakeside neighborhood, this well-maintained duplex offers flexibility, income potential, and an unbeatable location near Lake Champlain. Ideal for investors, owner-occupants, or families, the property features two bright and inviting units with spacious eat-in kitchens, comfortable living areas, sunny upstairs bedrooms, and efficient mini-split heating and cooling systems. Functional layouts and thoughtful updates make the home equally suited for rental income, multi-generational living, or owner occupancy. Set on a generous lot, the property includes a large backyard, detached two-car garage, and ample off-street parking—rare amenities this close to Burlington’s waterfront and downtown. The expansive yard offers space for entertaining, gardening, pets, or enjoying Vermont summers, while the clean basement provides additional storage and shared laundry access. Families will appreciate the neighborhood setting and nearby parks, while investors will recognize the consistent demand for housing in Burlington’s thriving South End and Lakeside communities. Enjoy the very best of Burlington living just minutes from the Burlington Bike Path, Oakledge Park, and the shores of Lake Champlain. Walk or bike to the Burlington Surf Club, local breweries, coffee shops, restaurants, and the vibrant Pine Street arts district. Downtown Burlington, UVM Medical Center, and area employers are all within easy reach, making this a convenient location for commuters, tenants, and remote workers alike. Whether you’re looking to offset your mortgage with rental income, expand your investment portfolio, or create a flexible living arrangement, this Lakeside duplex is a rare opportunity in one of Burlington’s most desirable neighborhoods.
22-24 Converse Court is located on a dead-end street in a high-demand student rental area near UVM and downtown. Offered at a 10% cap rate, this property is positioned for value-add with some updates needed. 2-car garage plus lots of off-street parking, and fantastic upside potential.
Well-maintained 4-unit investment property featuring three 2-bedroom apartments and one 1-bedroom unit. Turn-key multi-family property fully leased through May 2027. Located between UVM Campus and downtown, 31-33 Hickok Place is in an exceptional student rental property in an ideal location. Strong financials with separate heat and electricity paid by the tenants. Plenty of off-street parking, on-site coin-op laundry, and large rear decks all contribute to strong tenant appeal and retention. Expansion opportunity into an amazing attic space provides a rare opportunity for added value and reconfiguration. Strong opportunity for investors seeking consistent above market income with the potential to add value in an unparalleled student rental location!
Fully renovated duplex in the sought-after Old North End offering a spacious 4-bedroom unit downstairs plus a 3-bedroom apartment above - an outstanding opportunity for investors and potential for owner-occupant buyers in the 4-bedroom unit come June. Both residences feature updated stainless-steel kitchens with tile backsplash, hardwood flooring throughout, and stylish tiled bathrooms. The 4-bedroom unit includes an impressive bath layout with dual vanities and two, separate, tiled walk-in showers, providing added functionality for larger households. Each unit includes its own laundry, covered porch spaces, and separate utilities for convenience and efficiency. The property also offers plenty of off-street parking and a shared backyard ideal for outdoor enjoyment. Located just minutes from the Lake Champlain waterfront and downtown, this property combines strong rental appeal with an excellent 8.3% cap rate, making it a compelling addition to any investment portfolio.
Turnkey 4-unit investment opportunity in Burlington’s sought-after Old North End. 25 Intervale Avenue offers strong cash flow with a 7.25% cap rate and a well-maintained mix of units featuring classic charm and thoughtful updates. Each apartment showcases attractive hardwood flooring, high ceilings, and abundant natural light, creating bright and inviting living spaces. Updated kitchens include modern cabinetry, solid surface countertops, and newer appliances, while bathrooms have been refreshed for tenant appeal. The property blends historic character—ornate trim, tall windows, and period details—with practical improvements that support low-maintenance ownership. Spacious layouts, clean common areas, and functional floor plans contribute to consistent rental demand. The building’s proximity to downtown Burlington, the waterfront, UVM Medical Center, and local amenities further enhances its desirability for tenants. Whether you’re expanding your portfolio or seeking a stable income-producing asset in a prime location, this property delivers a compelling combination of cash flow, condition, and long-term upside.
Excellent opportunity to own a fully occupied 4-unit multifamily property in Burlington’s sought-after Old North End. Situated just minutes from downtown, the waterfront, local restaurants, shopping, and public transportation, this income-producing property offers strong rental history with all units currently leased to long-term month-to-month tenants. The building has been well cared for over the years and features off-street parking, separate living spaces, and attractive interior finishes including hardwood and vinyl flooring in select units. Several units are equipped with efficient Rinnai heaters, and the exterior has recently been refreshed with new paint, adding to the property’s curb appeal. Whether you’re looking to expand your investment portfolio or pursue an owner-occupied opportunity with supplemental rental income, this Burlington multifamily presents excellent potential in a highly convenient location close to everything the city has to offer. Owner is a licensed realtor.
Excellent location right between UVM and downtown. Loads of parking with a detached single car garage. The building has a sprinkler system. Good sized units make them simple to rent!
132 Rivermount Terrace offers a well-located, neighborhood multi-family home with easy access to Burlington High School, downtown, and the waterfront bike path. This property has been exceptionally maintained and updated, with turnkey units ready for immediate occupancy or rental. Set above the surrounding area, the property overlooks the Intervale and benefits from added separation and privacy. Expansive decks provide great views and privacy for causal outdoor dining, relaxing, or entertaining. The flexible layout works well for live-in owners renting additional units who choose to Airbnb or rent to long-term tenants. Investors take note: recent zoning supports conversion to four units, creating additional upside for investors or owner-occupants looking to increase income potential. A strong option for those looking to live in a fantastic neighborhood and offset ownership costs through rental income or reposition the number of units for higher returns.
Well-maintained and thoughtfully updated duplex in the heart of Burlington. Enjoy the charm of a welcoming front porch—perfect for relaxing or visiting with neighbors—or retreat to the private back deck for summer BBQs. The first-floor unit offers 3 bedrooms, restored hardwood floors in the living room and front bedroom, stainless steel appliances, original built-in cabinetry, and a cast iron tub with tile surround. This unit also includes basement access with a steam washer/dryer and generous storage space. The second-floor apartment features 2 bedrooms, custom kitchen cabinetry, a gas range with vent hood, tile shower, steam washer/dryer and a mini-split heat pump for efficient comfort. A spacious barn/garage offers additional storage and exciting potential for studio space or future ADU conversion. Off-street parking for six vehicles. All just blocks from Church Street Marketplace, Waterfront Park, and the UVM Medical Center. Enjoy strong net profits of over $42K/yr. as an investment or come experience vibrant city living by Battery Park yourself!
With $150,000 in updates this property is looking for it's next owners! With over 3200 finished sqft, 6 total bedrooms and 4 total baths this could be a owner occupied home, or a fantastic investment property. The current owners poured their hearts into this home with major updates to the kitchen (including everything from the cabinets to the lighting and appliances) new full bath, the addition of a Mitsubishi Mini Split, new washer and dryer, updating trim and painting throughout, recently serviced gas heaters, new chimney liner, they removed and repaired drop ceilings, replaced the front window, landscaping, and more! In the larger unit (2600sqft+) you'll find split level living with 4 bedrooms and 2.5 baths. The upstairs primary bedroom has it's own 1/2 bath. The smaller unit, with vaulted ceilings, has 2 bedrooms and a full bath with it's own washer and dryer as well. There is a 2 car garage set up so that each bay is separate. The almost 3/4 of an acre is broken into 2 private yards split by privacy fencing between each unit. Estimated rental numbers put this property at a CAP rate of 7.86% or just over $56,000/yr in net profit. Only 1.3 Miles to the Winooski circle makes the town an easy visit, and Burlington's Church Street is only 3.8 miles or a 10 minute commute away. Lake Champlain's Bayside Park in Colchester is 3 miles up the road and great skiing is as close as 30 minutes away. Open house is planned for Saturday 5/9/26 from 10:30am to 1pm, please feel free to stop by!
155 Maple Street is a well-located, 4-unit multi-family property near the waterfront, bike path, and Church Street. Fully leased through June 2027, with tenants paying heat and electricity. Units feature hardwood floors and many recent updates including the kitchens and baths.
Just blocks from the heart of Winooski Circle, this fantastic duplex puts you steps from the city’s restaurants, cafés, and local shops - an ideal location as an investment. Each unit offers two off-street parking spaces and shares a welcoming front porch that sets the tone for warm, comfortable living. Inside the right-hand unit (11 or A), a bright open-concept layout connects the kitchen, dining, and living areas, creating an easy, inviting flow. Upstairs, the spacious primary bedroom is paired with a versatile second bedroom and a full bathroom, while a convenient half bath sits on the main level. The full unfinished basement, with laundry hook-ups and a utility sink, adds excellent storage and flexibility. A rear deck, ready for replacement, offers an opportunity to design a new private outdoor retreat. The left-hand unit (13 or B) mirrors this thoughtful layout, also featuring an open kitchen-to-living flow, two well-proportioned bedrooms upstairs, a full bath, and a main-level half bath. Its unfinished basement provides additional storage and laundry hookups, and the back deck awaits your vision for a refreshed outdoor space. Each condo is also listed separately as MLS#5071913 and MLS#5071936. Conveniently located just minutes from Burlington, colleges, universities, and UVM Medical Center, this turn-key duplex blends everyday convenience, investment potential, and the vibrant lifestyle that Winooski is known for!
Outstanding investment property located between UVM and downtown. Close to shopping. Easy student rental. Front porch with substantial recent renovations. Loads of off-street parking!

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