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Four-Unit Multifamily with Coin Laundry
For Sale
$1,800,000

21 Hyde Street, Burlington, VT 05401

Four-unit property with 16 bedrooms, porches and decks, hardwood floors, and coin-operated washers and dryers.

Property Size4,289 SF
Price / SF$419.68
Days on Market81

Property Features for 21 Hyde Street

General Information

Standard status Active
Size 4,289 SF
Property subtype Multi-family

Building Details

Year Built 1899
Listing Agency: RE/MAX North Professionals
Listed By: Mikail Stein
Source: Vthomesonline
Added: Jun 11 Changed: Aug 28 Last Checked: Aug 29 at 10:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX North Professionals

Investment Insights

Based on property information with market context.

This four-unit multifamily property totals 16 bedrooms and features porches and decks. Interior finishes include hardwood floors, and several units have been updated with desirable floorplans. The building also includes coin-operated washers and dryers. Recent improvements listed include siding, windows, appliances, interior remodeling, and roof work, along with newer mechanicals.

The property is located roughly half a mile to Burlington’s Church Street and about the same distance to the University of Vermont (UVM) main campus, with UVM Medical not much further.

The lot is approximately 0.39 acres and includes ample parking space. Public remarks state a history of being rented for $1,100 per bedroom and report gross income over $213,000 annually, with an indicated net return of roughly $162,000 and an 8.30% CAP rate.

Key Highlights

  • Four‑unit property built in 1899 with 16 total bedrooms
  • Coin‑operated washers and dryers on‑site
  • Recent improvements include siding, windows, appliances, interior remodeling, and roof work

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith Veterinary Clinic Tanning Salon Plumbing Service Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,310
Businesses Nearby

Demographics for 05401, VT

32,059
Population
13,898
Households
2.3
Avg Household Size
28
Median Age
63%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
5,256
Density / Sq Mi
$60,532
Median Household Income
$23,422
Median Earnings
$1,614
Median Rent
$463,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with 16 bedrooms, porches and decks, hardwood floors, and coin-operated washers and dryers.
Where is this quadplex located?
The property is located at 21 Hyde Street Burlington, VT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four‑unit property built in 1899 with 16 total bedrooms; Coin‑operated washers and dryers on‑site; Recent improvements include siding, windows, appliances, interior remodeling, and roof work
More about this property
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