Listing Details

Burlington, VT 05401 214-216 Pine Street

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Presented By: Lipkin Audette Team with Coldwell Banker Hickok and Boardman; Phone: 802-846-8800
  • PrimeMLS - 85 - NH
  • MLS# 5094424
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • Beds • 6
  • Baths • 3
  • SQFT • 1,772

Home Details

Exceptional investment opportunity in one of Burlington’s most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.
Presented By: Lipkin Audette Team with Coldwell Banker Hickok and Boardman; Phone: 802-846-8800

Interior Features for 214-216 Pine Street

Bedrooms

Unit 1 Bedrooms2
Unit 3 Bedrooms2
Unit 2 Bedrooms2

Bathrooms

Total Full Baths3

Other Interior Features

Unit 1 Lease TermAnnual
Unit 2 Lease TermAnnual
Total Ranges3
Total Refrigerators3
Unit 1 StatusLeased
Unit 2 StatusLeased
Unit 3 StatusVacant
InternetHigh Speed Intrnt Avail
Total Finished Area1772
Total Water Heaters3
Total 3+ BR Units
Total 2 BR Units3
Total 1 BR Units
Basement Access TypeWalk-up
BasementYes
Basement DescriptionCrawl Space, Unfinished, Exterior Access
FlooringCarpet, Laminate, Vinyl Plank
Total Number of Units3

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4

General for 214-216 Pine Street

AuctionNo
CityBurlington
Construction MaterialsWood Frame, Vinyl Siding
CoolingNone
CovenantsUnknown
DOM98
DirectionsNear intersection of Maple & Pine. East side of Pine Street.
ElectricCircuit Breaker(s)
Electric CompanyBurlington Electric
Flood ZoneNo
Fuel CompanyVermont Gas Systems
GarageNo
Gross Income66180
HeatingDirect Vent
Last Updated08/28/2026 18:17:21
Net Income50822
Operating Expense15358
PossessionAt Closing, Tenant Rights
Price Per Sq Ft Total AG349.32
Property ClassMulti-Family
Property ConditionExisting
Road FrontageTBD
RoofAsphalt Shingle
School DistrictBurlington School District
SeasonalNo
Separate UtilitiesVaries
SewerPublic
Status Detail0
Stories Count2
StyleMulti-Family
Tax Year2027
Total Heat Units3
Unit 1 Level Number1
Unit 2 Level Number2
Unit 3 Level Number1-2
UtilitiesCable Available
Year Built1899
ZoningRes-High Intensity

Exterior for 214-216 Pine Street

ColorWhite
DrivewayDirt
Exterior AmenitiesBalcony
Foundation Stone
Lot FeaturesCity Lot, Sidewalks, In Town, Near Shopping, Near Public Transport, Near Hospital, Near School(s)
Lot Size Area0.04
Lot Size Square Feet1742
Parking FeaturesParking Spaces 1
Road Frontage TypePaved, Public
SurveyedUnknown
Total Electric Meters3
Total Gas Meters3
Unit 1 StyleFlat
Unit 2 StyleFlat
Unit 3 StyleTownhouse
Water SourcePublic

Additional Details

Price History

Sadie Halliday

REALTOR
Price $619,000
MLS#5094424
Property Type Multi-Family
Phone 603.660.2321
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