114 S Champlain St Burlington, VT 05401
Well-maintained 3-unit multi-family property in a prime urban location.
Property Features for 114 S Champlain St
General Information
- Standard status
- Active
- Size
- 2,412 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1899
Listing office Coldwell Banker Hickok & Boardman
Listing date Feb 24, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hickok & Boardman
Investment Insights
Based on property information with market context.
Key Highlights
- Prime downtown Burlington location, just 2 blocks from Perkins Pier/waterfront and Church Street marketplace.
- Enjoy scenic views of Lake Champlain.
- Well‑maintained 3‑unit multi‑family property.
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 | $38.5k | $15.96 |
| − Vacancy | −$439 | −$0.18 |
| EGI | $38.1k | $15.78 |
| − OpEx | −$11.4k | −$4.73 |
| NOI | $26.6k | $11.04 |
