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476-478 Saint Paul St

burlington, VT 05401

$999,000

    Interested? Let's Connect

    All units are fully occupied! Excellent investment opportunity in the heart of Burlington! This well-maintained 4-unit property offers a strong 7% cap rate, with all of the units 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.

    Details

    0.2 Private Acres Lot Size

    investment

    Built in 1932

    MLS/Listing ID 5067151

    4 Units

    Amenities & Features

    Heating - Baseboard

    Lot - Near Public Transit

    Lot - Corner Lot

    Lot - City Lot

    Parking - Unassigned

    Parking - Paved

    Parking - On Street

    Parking - Off Street

    Parking - Driveway

    Natural Gas Water Heater

    Poured Concrete

    Lot - Sidewalks

    Lot - Street Lights

    Style - Multi Family

    Construction - Wood Siding

    Construction - Wood Frame

    Garden

    Tile

    Hardwood

    Carpet

    Heating - Natural Gas

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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