Listing Details

Burlington, VT 05401 86 North Union Street

86 North Union Street Burlington, VT - Image 186 North Union Street Burlington, VT - Image 286 North Union Street Burlington, VT - Image 3
29 more
86 North Union Street Burlington, VT - Image 486 North Union Street Burlington, VT - Image 586 North Union Street Burlington, VT - Image 686 North Union Street Burlington, VT - Image 786 North Union Street Burlington, VT - Image 886 North Union Street Burlington, VT - Image 986 North Union Street Burlington, VT - Image 1086 North Union Street Burlington, VT - Image 1186 North Union Street Burlington, VT - Image 1286 North Union Street Burlington, VT - Image 1386 North Union Street Burlington, VT - Image 1486 North Union Street Burlington, VT - Image 1586 North Union Street Burlington, VT - Image 1686 North Union Street Burlington, VT - Image 1786 North Union Street Burlington, VT - Image 1886 North Union Street Burlington, VT - Image 1986 North Union Street Burlington, VT - Image 2086 North Union Street Burlington, VT - Image 2186 North Union Street Burlington, VT - Image 2286 North Union Street Burlington, VT - Image 2386 North Union Street Burlington, VT - Image 2486 North Union Street Burlington, VT - Image 2586 North Union Street Burlington, VT - Image 2686 North Union Street Burlington, VT - Image 2786 North Union Street Burlington, VT - Image 2886 North Union Street Burlington, VT - Image 2986 North Union Street Burlington, VT - Image 3086 North Union Street Burlington, VT - Image 3186 North Union Street Burlington, VT - Image 3286 North Union Street Burlington, VT - Image 33
Presented By: Chad Dion with Chad Dion Real Estate;
  • PrimeMLS - 85 - NH
  • MLS# 5095537
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • Beds • 10
  • Baths • 3
  • SQFT • 2,632
  • Garage • 1

Home Details

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 2027 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 8.0% cap rate Fully leased through May 2027 Signed leases with parental co-signers 7 off-street parking spaces, including detached garage Coin-operated laundry for additional income Hardwood floors throughout Original built-in cabinetry and woodwork Three porches No-smoking property No-animal policy Strong rental history and occupancy record Operating expenses are enhanced by tenant-paid utilities, with tenants responsible for electricity, natural gas heat, and internet service. This Burlington multifamily investment combines stable cash flow, strong in-place income, and long-term appreciation potential in a highly desirable walk-to-campus location. The combination of an 8.0% cap rate, 10-bedroom configuration, ample parking, tenant-paid utilities, and leases secured through May 2027 makes this a compelling opportunity for investors seeking immediate returns and predictable income. Investment Highlights Burlington, Vermont University of Vermont (UVM) location Walk-to-campus investment property Fully leased through May 2027 8.0% cap rate 100% occupied Tenant-paid utilities Coin-operated laundry income Downtown Burlington
Presented By: Chad Dion with Chad Dion Real Estate;

Interior Features for 86 North Union Street

Bedrooms

Unit 1 Bedrooms6
Unit 3 Bedrooms1
Unit 2 Bedrooms3

Other Interior Features

Unit 1 Lease TermAnnual
Unit 2 Lease TermAnnual
Unit 3 Lease TermAnnual
Total Ranges3
Total Refrigerators3
Unit 1 StatusLeased
Unit 2 StatusLeased
Unit 3 StatusLeased
Unit 1 InfoPorch
Unit 2 InfoPorch
Unit 3 InfoPorch
InternetCable Internet
Total Finished Area2632
Total Water Heaters2
Total 3+ BR Units2
Total 2 BR Units
Total 1 BR Units1
Basement Access TypeWalkout
BasementYes
Basement DescriptionBulkhead, Concrete Floor, Unfinished, Interior Access
Total Number of Units3

General for 86 North Union Street

CityBurlington
Construction MaterialsWood Frame
CoolingNone
CovenantsNo
DOM93
Electric100 Amp Service, Circuit Breaker(s)
Electric CompanyBurlington Electric Dept
Flood ZoneNo
Fuel CompanyVT Gas
GarageYes
Gross Income131340
HeatingNatural Gas, Baseboard, Hot Water, Monitor Type
Last Updated07/15/2026 12:06:49
Net Income103652
Operating Expense26428
Price Per Sq Ft Total AG492.02
Property ClassMulti-Family
Property ConditionExisting
Road FrontageYes
RoofAsphalt Shingle
School DistrictBurlington School District
SeasonalNo
Separate UtilitiesYes
SewerPublic
Status Detail0
Stories Count2
StyleMulti-Family
Tax Year2025
Unit 1 Level Number1
Unit 2 Level Number2
Unit 3 Level Number2
UtilitiesUnderground Utilities
Year Built1925
ZoningR3

Exterior for 86 North Union Street

DrivewayGravel
Foundation Fieldstone
Garage Capacity1
Lot FeaturesCity Lot, Corner, Near Public Transport
Lot Size Area0.09
Lot Size Square Feet3920
Parking FeaturesAssigned, Off Street, Parking Spaces 6+
Road Frontage Length126
Road Frontage TypePublic
SurveyedUnknown
Total Electric Meters4
Total Gas Meters4
Unit 1 Styleflat
Unit 2 StyleFlat
Unit 3 StyleFlat
Water SourcePublic

Additional Details

Price History

Sadie Halliday

REALTOR
Price $1,295,000
MLS#5095537
Property Type Multi-Family
Phone 603.660.2321
Request Tour
Request Info
Visit My Website

Similar Properties to 86 North Union Street