21 Hyde St, Burlington, VT 05401

Building Details

Year Built

1899

Listing office RE/MAX North Professionals m***@thefuturegroupvt.com Show Phone

Listing date Jun 23, 2026

Source Elliman

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Overview

This four-unit multifamily property offers 16 total bedrooms and a consistent rental setup supported by coin-operated washers and dryers. The building is described as well maintained, with several units featuring updates and desirable floorplans. Interiors include hardwood floors, and the exterior amenities include porches and decks. Recent improvements listed include siding, windows, appliances, interior remodeling, and roof work, along with newer mechanicals intended to reduce ongoing maintenance needs.

Situated on a 0.39-acre lot, the property provides ample parking space. The public remarks also describe its walk and bike friendliness, with BikeScore 99 (Biker’s Paradise), WalkScore 84 (Very Walkable), and TransitScore 43 (Some Transit). The location is described as approximately half a mile to Burlington’s Church Street and the same distance to UVM’s main campus, with UVM Medical not much further.

For buyers, this is a four-unit residential income asset with multiple updated components and coin-operated laundry in place, designed for straightforward day-to-day operation. The remarks cite a history of renting at $1,100 per bedroom and gross income over $213,000 annually, with an annual return roughly $162,000 and an 8.10% CAP rate based on the provided figures.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Burlington

County

Chittenden

State

Vermont

Longitude

-73.2086754

Latitude

44.4855756

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FAQs

What type of property is this?

Quadplex - Well-maintained quadplex with updated interiors, porches and decks, and coin-operated laundry on a parking-rich lot.

Where is this quadplex located?

The property is located at 21 Hyde St Burlington, VT.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: 1899‑built four‑unit property with 16 total bedrooms and coin‑operated washers and dryers; Reported gross income over $213,000 annually, with a roughly $162,000 annual return and 8.10% CAP rate; Several units updated, with hardwood floors and updated appliances