Listed By:
Mikail Stein with RE/MAX North Professionals;
Address
21 Hyde Street, Burlington, VT
Price
$ 1,750,000

Your Agent

Mikail Stein

Mikail Stein

Associate

802-373-8058

Property Attributes
  • MLS#5095783
  • TypeMulti-Family
  • Listing Status Active
  • CountyCHITTENDEN
  • CityBurlington
  • AreaChittenden
  • Zip05401
  • StyleMulti-Family
  • Year Built1899
  • Price$ 1,750,000
  • Bedrooms16
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4289
  • Lot Size0.39 Acres
Data Source:
PrimeMLS
Property Description

A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms currently estimated at just under $900 per bedroom and coin operated washers and dryers bringing in a gross income of $173,500 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $122,000 or a 7% CAP rate. Over the last few years with larger UVM enrollment rents have been as high as $1,100 per bedroom, roughly a 9% CAP. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

High School
Burlington High School
Price History
6/19/2026 Listed $2,000,000
7/14/2026 3$1,950,000
8/11/2026 8$1,800,000
9/9/2026 3$1,750,000

General Features

Road Frontage TBD
Separate Utilities Varies
Sewer Public
Heating Natural Gas,Baseboard,Hot Air,Other,Radiator,Boiler
Cooling None
Utilities Other
Possession At Closing
Roof Shingle,Slate
Appliances Domestic Water Heater,Natural Gas Water Heater,Owned Water Heater,Tank Water Heater
Easements Unknown
Garage Yes
Flood Zone No
Zoning rez
Unit 3 Level Number 1&2
Unit 2 Level Number 2
Unit 4 Level Number 1&2
Unit 1 Level Number 1
Operating Expense 16850
Year Built 1899
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 2
Net Income 122474.32
Property Condition Existing
Tax Year 2026
Gross Income 173500
Fuel Company VT Gas
Electric Company Burlington Electric
Covenants Unknown
Construction Materials Clapboard Exterior,Vinyl Exterior
Directions From Main Street,go North on South Willard Street which becomes North Willard Street. Turn left onto North Street. Right onto Hyde Street. The property is on the right.
High School Burlington High School
City Burlington
Property Class Multi-Family
School District Burlington School District
Seasonal No
Total Rooms Above Ground 24
Total Heat Units 4
DOM 91
Price Per Sq Ft Total AG 408.02
Last Updated 09/10/2026 19:59:05

Interior Features

Basement Description Unfinished
Basement Yes
Unit 4 Rooms 5
Unit 2 Rooms 6
Unit 1 Rooms 7
Unit 3 Rooms 6
Flooring Carpet,Laminate,Vinyl,Wood
Total Number of Units 4
Unit 4 Bedrooms 4
Unit 1 Bedrooms 4
Unit 3 Bedrooms 5
Unit 2 Bedrooms 3
Total Full Baths 4
Unit 1 Lease Term Annual
Unit 2 Lease Term Annual
Unit 3 Lease Term Annual
Unit 4 Lease Term Annual
Total Ranges 4
Total Refrigerators 4
Unit 1 Status Vacant
Unit 2 Status Vacant
Unit 3 Status Vacant
Unit 4 Status Vacant
Unit 1 Info Appliances Included,CO Detector,Dishwasher,Natural Gas Heat
Unit 2 Info Appliances Included,Porch
Unit 3 Info Appliances Included
Unit 4 Info Appliances Included
Internet Cable Internet
Total Finished Area 4289
Total Water Heaters 4
Total 3+ BR Units 4
Basement Access Type Walk-up

Exterior Features

Lot Features Sidewalks,Street Lights,In Town,Near Shopping,Neighborhood,Near Hospital,Near School(s)
Exterior Amenities Natural Shade,Covered Porch,Enclosed Porch,Window Screens,Double Pane Window(s)
Driveway Dirt
Lot Size Area 0.39
Water Source Public
Parking Features Driveway,Garage,Off Street,Parking Spaces 11 - 20
Garage Capacity 2
Unit 1 Style flat
Unit 2 Style flat
Unit 3 Style townhouse
Unit 4 Style townhouse
Foundation Brick,Concrete,Stone
Total Electric Meters 4
Total Gas Meters 4
Road Frontage Type Public
Surveyed Unknown
Lot Size Square Feet 16988

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 05401

Statistics provided by Inside Real Estate

Price
AVG $910K
$1.75M
Year Built
AVG 1914
1899
Visits
AVG 72
33
Data Provided by Inside Real Estate®

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Your Agent

Mikail Stein

Mikail Stein

Associate

802-373-8058

Areas We Cover