61 Elmwood Avenue, Burlington, VT 05401

Local realty services provided by:ERA Key Realty Services
61 Elmwood Avenue,Burlington, VT 05401
$2,495,000
  • - Beds
  • 16 Baths
  • 8,736 sq. ft.
  • Multi-family
  • Active
Listed by: smith macdonald group
Office: coldwell banker carlson real estate
MLS#:5052748
Source:PrimeMLS

Price summary

  • Price:$2,495,000
  • Price per sq. ft.:$232.05

About this home

The location offers many advantages with its proximity to essential amenities like Pearl Street, Church Street, the waterfront, universities and colleges, and the medical center. The setup of 16 one-bedroom condos with hardwood flooring and tile, along with off-street parking and laundry facilities, is attractive for tenants. The fact that the property is condominiumized is a significant advantage as it allows potential buyers to sell units individually, which can be a great selling point. Additionally, the ease of renting, managing, and maintaining the property makes it even more appealing. Properties in sought-after areas like this can indeed be rare finds. The location, amenities, and potential for future flexibility could make it a highly desirable investment for real estate investors. The current cap rate is over 8%, with the ability to quickly increase the monthly rents within year one of ownership.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:5052748
  • Added:205 day(s) ago
  • Updated:February 10, 2026 at 11:30 AM

Rooms and interior

  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:8,736 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas Heater

Structure and exterior

  • Roof:Membrane, Standing Seam
  • Year built:1920
  • Building area:8,736 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$2,495,000
  • Price per sq. ft.:$232.05
  • Tax amount:$43,345 (2025)
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 12, 2026

New listings near 61 Elmwood Avenue