86 North Union Street, Burlington, VT 05401

Burlington
Local realty services provided by:ERA Key Realty Services
86 North Union Street,Burlington, VT 05401
$1,195,000
  • 10 Beds
  • - Baths
  • 2,632 sq. ft.
  • Multi-family
  • Active
Listed by: chad dion
Office: chad dion real estate802-318-1599
MLS#:5095537
Source:PrimeMLS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$269.14

About this home

Fully Leased Burlington Triplex Near UVM | 8.0% Cap Rate | 10 Bedrooms Rare opportunity to acquire a fully leased 3-unit multifamily investment property in Burlington, Vermont, located just 4.5 blocks from the University of Vermont and within walking distance of Downtown Burlington. Offering an attractive 8.0% cap rate, this turnkey investment features 10 bedrooms across three units and is fully leased through May 2028 with signed leases and parental co-signers in place. Positioned in one of Burlington's strongest rental markets, the property benefits from consistent demand driven by its proximity to UVM, downtown employment centers, restaurants, entertainment, and public transportation. The building maintains a strong occupancy history and is currently 100% occupied. Property features include: 3-unit multifamily / triplex 10 total bedrooms 8.7% cap rate Fully leased through May 2028 Signed leases with parental co-signers 7 off-street parking spaces, including detached garage...

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Home facts

  • Year built:1925
  • Listing ID #:5095537
  • Added:135 day(s) ago
  • Updated:November 01, 2026 at 02:48 PM

Rooms and interior

  • Bedrooms:10
  • Basement Description:Bulkhead, Concrete Floor, Interior Access, Unfinished, Walkout
  • Living area:2,632 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Monitor Type

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1925
  • Building area:2,632 sq. ft.
  • Lot area:0.09 Acres
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$269.14
  • Tax amount:$16,245 (2025)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Gravel Driveway
  • Garage spaces:1
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 November 1, 2026

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