24-28 North Street Burlington, VT 05401
MULTI_FAMILY - Other - Burlington, VT
- Added:
- Jul 6, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 24-28 North Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NMU
- Bedrooms
- 10
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 10
- Standard status
- Active
- Size
- 4,198 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14470
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1899
- Floors in Building
- 3
- Number of units
- 4
- Building materials
- Wood Exterior
- Roof type
- Membrane, Flat, Shingle
- Architectural style
- Other
Listing agent Blake Gintof (802) 872-8881
Listing office Signature Properties of Vermont 1 Market Place, Essex Jct., VT (802) 872-8881
Listing date Jul 6, 2026
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Burlington, Vermont, the property is positioned within the city’s downtown area, with the remarks noting walkable access to Lake Champlain and Waterfront Park, as well as Church Street Marketplace, the Burlington Bike Path, nearby restaurants and shopping, local entertainment, and UVM.
Financial information provided in the listing includes current gross rental income of approximately $110,100 annually, with projected rents nearing $126,300. The remarks also cite an indicated cap rate of 6.64% at the current asking price, with potential to increase to approximately 7.84% once stabilized at market rents. For buyers and investors, the combination of existing income, refreshed units, and turnover-based opportunity is intended to support a straightforward path toward improving overall occupancy and revenue through continued optimization.
