Maintained Duplex for Residential
73-75 N Champlain Street Burlington, VT 05401
73-75 N Champlain Street, Burlington, VT, 05401
$525,000
For Sale
$525,000
MULTI_FAMILY - Other - Burlington, VT
Property Size1,920 SF
Lot Size0.08 Acres
Price / SF$273.44
Days on Market22
Property Features for 73-75 N Champlain Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Basement, Bedroom 1, Bedroom 3
- Patio and Porch features
- Porch
- Exterior features
- Covered Porch, Enclosed Porch
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8163
Utilities
- Heating system
- Natural Gas, Forced Air, Space Heater
- Water source
- Public
Building Details
- Year built
- 1899
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Hardwood
- Building materials
- Wood Frame
- Roof type
- Membrane
- Architectural style
- Other
Listing Agency
Flat Fee Real Estate
(802) 318-0833
26 Hillcrest Road, Burlington, VT
Listed by
Robert Foley
(802) 318-0833
Added: Jun 30 Updated: Jul 2 at 3:41 pm Checked: Jul 21 at 5:06 am
MLS# 5097441
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 well-maintained duplex at 73-75 N Champlain Street in Burlington provides two separate residential units within a classic period-style building. The property is configured as two units, and each unit features spacious living areas with hardwood flooring and generous bedrooms. Both units have access to their own driveway, supporting off-street parking for residents.
Located in Burlington’s Old North End, the property offers convenient access to everyday needs. The listing highlights proximity to downtown Burlington, the waterfront, UVM and Champlain College, restaurants, shopping, and public transportation.
For investors and owner-occupants, this duplex offers the flexibility of living in one unit while renting the other. The property is currently generating $3,700 per month in rental income. With a residential zoning designation and a compact lot size of 0.08 acres, it can be a practical choice for those seeking a straightforward multifamily setup with a two-driveway layout intended to reduce parking friction for tenants.
Located in Burlington’s Old North End, the property offers convenient access to everyday needs. The listing highlights proximity to downtown Burlington, the waterfront, UVM and Champlain College, restaurants, shopping, and public transportation.
For investors and owner-occupants, this duplex offers the flexibility of living in one unit while renting the other. The property is currently generating $3,700 per month in rental income. With a residential zoning designation and a compact lot size of 0.08 acres, it can be a practical choice for those seeking a straightforward multifamily setup with a two-driveway layout intended to reduce parking friction for tenants.
Key Highlights
- Well‑maintained duplex at 73‑75 North Champlain Street with 4 bedrooms listed across the home
- Currently generates $3,700/month in rental income; rented below market with upside potential through market‑rate rents
- Each unit includes its own driveway for off‑street downtown parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $15.96 |
| − Vacancy | −$349 | −$0.18 |
| EGI | $30.3k | $15.78 |
| − OpEx | −$9.1k | −$4.73 |
| NOI | $21.2k | $11.04 |
1,920 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.9K
$265.1K – $353.4K
NOI $21,206 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$268.3K
$234.8K – $313.0K
NOI $18,780 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$526.6K
$460.8K – $614.4K
NOI $36,864 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-kept two-unit duplex on N Champlain Street with hardwood floors and separate driveways, currently generating $3,700/month.
Where is this duplex located?
The property is located at 73-75 N Champlain Street Burlington, VT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Well‑maintained duplex at 73‑75 North Champlain Street with 4 bedrooms listed across the home; Currently generates $3,700/month in rental income; rented below market with upside potential through market‑rate rents; Each unit includes its own driveway for off‑street downtown parking
