21-25 Elmwood Avenue, Burlington, VT 05401
Multi-Family Home
Built in 1900
0.26acre lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
This listing courtesy of Smith Macdonald Group, Coldwell Banker Carlson Real Estate
A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already over an 8% cap rate with easy room for improvement.
- Listing Status:
- Active
- Date Added:
- July 22, 2025 at 05:00AM
- Listing Office:
- Coldwell Banker Carlson Real Estate : 802-253-7358
- Listing Agent:
- Smith Macdonald Group : 802-375-5009
- MLS ID:
- 5052749

- Appliances: Natural Gas Water Heater
- Basement: ConcreteUnfinished
- A/C: None
- Heating: Natural GasElectricHot Water
This listing courtesy of Smith Macdonald Group, Coldwell Banker Carlson Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $