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Fully Renovated Multifamily Portfolio

252-260 College Street Burlington, VT 05401

252-260 College Street, Burlington, VT, 05401
$6,950,000
For Sale
$6,950,000

MULTI_FAMILY - Other - Burlington, VT

Property Size16,481 SF
Lot Size0.37 Acres
Price / SF$421.70
Days on Market103

Property Features for 252-260 College Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Downtown
Rooms
Basement
Parking features
Off Street, Assigned
Appliances
Gas Water Heater, Natural Gas Water Heater
Standard status
Active
Size
16,481 SF
Lot size
0.37 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
73653

Utilities

Heating system
Hot Water(Heating), Natural Gas
Cooling system
Zoned, Ductless
Water source
Public

Building Details

Year built
1906
Floors in Building
2
Number of units
17
Flooring type
Combination, Tile, Laminate, Carpet, Hardwood, Vinyl
Building materials
Brick Exterior
Architectural style
Other
Listing Agency Flat Fee Real Estate
26 Hillcrest Road, Burlington, VT
Listed by Robert Foley
Added: Apr 10 Updated: Jun 23 at 3:14 pm Checked: Jul 21 at 5:06 am
MLS# 5083112 Listing URL

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.

This for-sale portfolio includes two multifamily buildings at 252 and 260 College Street, offered as a turnkey acquisition. 260 College Street contains 14 residential units within a historically significant structure originally built in 1906, converted to multifamily use. A comprehensive unit-by-unit gut renovation was completed in 2026, bringing new kitchens and baths, updated electrical and plumbing, a sprinkler system, and a common boiler. The building also features high ceilings of up to 18'. Additional capital improvements include secure gated access, a camera system, exterior lighting, and upgraded common amenities.

252 College Street provides a fully renovated three-unit building, with completion in 2025 after conversion from office to residential. Each unit has modern finishes, in-unit laundry, and separate boilers, supporting decentralized building systems. Across the combined offering, the properties provide a diversified unit mix, separately metered electric, and substantial recent investment across major systems.

The portfolio is positioned within Burlington’s Downtown Center (FD5) zoning district and totals 20 residential units and 48 total bedrooms. With renovations completed across both buildings and upgrades focused on core mechanicals and security, the asset is designed for operators seeking a ready-to-run multifamily investment with reduced near-term capital needs, supported by a tenant-oriented residential layout and in-unit conveniences.

Key Highlights

  • Multi‑building portfolio in Burlington Downtown Center (FD5) zoning: 260 & 252 College Street with 20 residential units and 48 total bedrooms.
  • 260 College Street: 14 units (45 beds) in a historically significant structure originally built in 1906, with high ceilings up to 18'.
  • 260 College Street gut renovation completed in 2026: new kitchens and baths, electrical, plumbing, and sprinkler system, plus common boiler.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Auto Parts Store Locksmith Veterinary Clinic Pet Grooming Service Electrical Service Tanning Salon (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey two-building Burlington downtown-center portfolio with unit-by-unit renovations and separately metered electric.
Where is this apartment building located?
The property is located at 252-260 College Street Burlington, VT.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Multi‑building portfolio in Burlington Downtown Center (FD5) zoning: 260 & 252 College Street with 20 residential units and 48 total bedrooms.; 260 College Street: 14 units (45 beds) in a historically significant structure originally built in 1906, with high ceilings up to 18'.; 260 College Street gut renovation completed in 2026: new kitchens and baths, electrical, plumbing, and sprinkler system, plus common boiler.
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