Triplex with Recently Renovated
20 Greene Street Burlington, VT 05401
For Sale
$699,000
MULTI_FAMILY - Other - Burlington, VT
Property Size2,188 SF
Lot Size0.13 Acres
Price / SF$319.47
Days on Market130
Property Features for 20 Greene Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Basement, Bathroom 2
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Covered Porch
- Appliances
- Electric Water Heater, Owned Water Heater
- Standard status
- Active
- Size
- 2,188 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10959
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Vinyl, Hardwood, Carpet
- Building materials
- Wood Frame, Aluminum Siding, Clapboard Exterior
- Roof type
- Slate
- Architectural style
- Other
Listing Agency:
BHHS Vermont Realty Group/Burlington
(802) 864-9856
Listed By:
Charles C. Burns
(802) 658-5555
Added: Mar 20
Changed: Jul 10
Last Checked: Jul 27 at 3:06AM
MLS# 5080549
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 triplex at 20 Greene Street offers a residential income configuration with a front porch that has undergone substantial recent renovations. The property sits on a 0.13-acre lot and totals 2,188 square feet, with zoning designated as RM.
Per the seller’s remarks, the asset is located between the University of Vermont and downtown, with proximity to shopping. Off-street parking is highlighted as a practical day-to-day benefit for residents.
As an income-oriented property, this triplex may appeal to buyers seeking a straightforward, multi-unit setup in an RM-zoned residential environment. The combination of an updated front porch and substantial off-street parking supports tenant convenience, while the noted nearby access to both UVM and downtown can help align the property with renter demand patterns tied to that area. All details should be verified during due diligence, including the current condition of common areas and the property’s unit layout.
Per the seller’s remarks, the asset is located between the University of Vermont and downtown, with proximity to shopping. Off-street parking is highlighted as a practical day-to-day benefit for residents.
As an income-oriented property, this triplex may appeal to buyers seeking a straightforward, multi-unit setup in an RM-zoned residential environment. The combination of an updated front porch and substantial off-street parking supports tenant convenience, while the noted nearby access to both UVM and downtown can help align the property with renter demand patterns tied to that area. All details should be verified during due diligence, including the current condition of common areas and the property’s unit layout.
Key Highlights
- Built in 1910 with wood frame construction and aluminum siding/clapboard exterior
- Slate roof and natural gas heating
- Public water source with an owned electric water heater
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 | $34.9k | $15.96 |
| − Vacancy | −$398 | −$0.18 |
| EGI | $34.5k | $15.78 |
| − OpEx | −$10.4k | −$4.73 |
| NOI | $24.2k | $11.04 |
2,188 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.2K
$302.1K – $402.8K
NOI $24,166 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$305.7K
$267.5K – $356.7K
NOI $21,401 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$600.1K
$525.1K – $700.2K
NOI $42,010 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex investment property with substantial off-street parking and a recently renovated front porch.
Where is this triplex located?
The property is located at 20 Greene Street Burlington, VT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Built in 1910 with wood frame construction and aluminum siding/clapboard exterior; Slate roof and natural gas heating; Public water source with an owned electric water heater
