214-216 Pine Street, Burlington, VT 05401
Local realty services provided by:ERA Key Realty Services
214-216 Pine Street,Burlington, VT 05401
$589,900
- 6 Beds
- 3 Baths
- 1,772 sq. ft.
- Multi-family
- Active
Listed by: lipkin audette teamPhone: 802-846-8800
Office: coldwell banker hickok and boardman802-863-1500
MLS#:5094424
Source:PrimeMLS
Price summary
- Price:$589,900
- Price per sq. ft.:$221.93
About this home
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 8.36% 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....
Contact an agent
Home facts
- Year built:1899
- Listing ID #:5094424
- Added:141 day(s) ago
- Updated:November 01, 2026 at 02:48 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate, Vinyl Plank
- Basement Description:Crawl Space, Exterior Access, Unfinished, Walk-up
- Living area:1,772 sq. ft.
Heating and cooling
- Heating:Direct Vent
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1899
- Building area:1,772 sq. ft.
- Lot area:0.04 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$589,900
- Price per sq. ft.:$221.93
- Tax amount:$9,750 (2027)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Dirt Driveway
New listings near 214-216 Pine Street
- New
$385,000Active3 beds 4 baths1,385 sq. ft.1044 North Avenue #8, Burlington, VT 05408
MLS# 5116112Listed by: RIDGELINE REAL ESTATE - New
$465,000Active3 beds 2 baths1,462 sq. ft.67 Cumberland Road, Burlington, VT 05408
MLS# 5115993Listed by: COLDWELL BANKER HICKOK AND BOARDMAN - New
$674,900Active3 beds 3 baths1,904 sq. ft.25 Staniford Farms Road, Burlington, VT 05408
MLS# 5115966Listed by: GERI REILLY REAL ESTATE - New
$330,000Active3 beds 2 baths1,146 sq. ft.19 Allen Street, Burlington, VT 05401
MLS# 5115842Listed by: THE MEEHAN GROUP, INC. - New
$269,000Active2 beds 1 baths864 sq. ft.354 Manhattan Drive #12, Burlington, VT 05401
MLS# 5115696Listed by: VERMONT REAL ESTATE COMPANY - New
$715,000Active4 beds 2 baths2,025 sq. ft.45 Clymer Street, Burlington, VT 05401
MLS# 5115635Listed by: TIMBERS REAL ESTATE - New
$499,000Active2 beds -- baths1,920 sq. ft.73-75 North Champlain Street, Burlington, VT 05401
MLS# 5115490Listed by: KW VERMONT
$2,095,000Active4 beds 5 baths5,766 sq. ft.266 South Union Street, Burlington, VT 05401
MLS# 5114970Listed by: COLDWELL BANKER HICKOK AND BOARDMAN
$124,500Active3 beds 1 baths1,156 sq. ft.39 Avenue C, Burlington, VT 05408
MLS# 5115001Listed by: COLDWELL BANKER HICKOK AND BOARDMAN
$1,550,000Active-- beds 10 baths8,078 sq. ft.25-27 South Willard Street, Burlington, VT 05401
MLS# 5114872Listed by: KELL AND COMPANY