476-478 Saint Paul St Burlington, VT 05401
Well-maintained four-unit property in Burlington with a strong cap rate.
Lot size:
0.20 AcresProperty Features for 476-478 Saint Paul St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.20 Acres
Building Details
- Year built
- 1932
Source:
Elliman
Listing Agent: Elise Polli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Burlington Four-Unit Investment Opportunity
This four-unit property in Burlington presents an investment opportunity, offering a 7% cap rate. Three of the four units are currently rented. The property contains two studio apartments and two 2-bedroom units, each updated. Unit 476 #1 features two bedrooms, an updated ¾ bathroom with a custom tiled shower, and a refreshed kitchen. Unit 478 #1 also offers two bedrooms, a new kitchen and bathroom, and fresh paint throughout. Units 476 #2 and 478 #2 are studios with mudroom entries and updated kitchens and bathrooms; 478 #2 recently received improvements, including new finishes and fixtures. A new roof was installed in November 2023, and a new boiler will be replaced in 2025. Tenants have access to a shared laundry room at no cost. The property is located near Shelburne Road, Pine Street, and downtown Burlington, providing access to shopping, dining, local events, recreation, UVM and Champlain College campuses, the UVM Medical Center, and the local bus line.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2091893
- Latitude
- 44.4670556
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FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property in Burlington with a strong cap rate.
Where is this quadplex located?
The property is located at 476-478 Saint Paul St Burlington, VT.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: - Strong 7% cap rate offering immediate income and long-term growth potential.; - Prime Burlington location near Shelburne Road, Pine Street, and downtown, providing easy access to amenities, schools, and transportation.; - Recently replaced roof (2023) and boiler (2025) ensuring reduced maintenance costs and long-term value.
