476-478 Saint Paul Street, Burlington, VT 05401
Local realty services provided by:ERA Key Realty Services
476-478 Saint Paul Street,Burlington, VT 05401
$1,050,000
- 4 Beds
- 4 Baths
- 2,084 sq. ft.
- Multi-family
- Active
Listed by:elise polli
Office:polli properties
MLS#:5067151
Source:PrimeMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$356.17
About this home
Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit property offers a strong 7% cap rate, with three of the four units currently rented- perfect for both investors and owner-occupants seeking steady income and long-term growth. Conveniently located near Shelburne Road, Pine Street, and downtown Burlington, enjoy easy access to shopping, dining, local events, recreation, UVM and Champlain College campuses, the UVM Medical Center, and the local bus line for effortless commuting. The property includes two studio apartments and two 2-bedroom units, each thoughtfully updated to attract quality tenants and minimize future maintenance. Unit 476 #1 features two bedrooms, an updated ¾ bathroom with a custom tiled shower, and a refreshed kitchen. Unit 478 #1 also offers two bedrooms, a new kitchen and bathroom, and fresh paint throughout. Units 476 #2 and 478 #2 are spacious studios with convenient mudroom entries and updated kitchens and bathrooms- 478 #2 recently received extensive improvements, including new finishes and fixtures. Major building upgrades provide peace of mind and long-term value, including a new roof installed in November 2023 and a new boiler replaced in 2025. Tenants also enjoy access to a shared laundry room at no cost. With its excellent condition, recent capital improvements, and prime Burlington location, this property presents a turnkey investment opportunity offering immediate income and lasting stability.
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Home facts
- Year built:1932
- Listing ID #:5067151
- Added:3 day(s) ago
- Updated:October 24, 2025 at 05:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,084 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1932
- Building area:2,084 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Burlington High School
- Middle school:Edmunds Middle School
- Elementary school:Choice
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$356.17
- Tax amount:$10,207 (2025)
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