Fully Renovated Multifamily
252-260 College Street Burlington, VT 05401
For Sale
$6,950,000
MULTI_FAMILY - Other - Burlington, VT
Property Size16,481 SF
Lot Size0.37 Acres
Price / SF$421.70
Days on Market111
Property Features for 252-260 College Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Downtown
Rooms
Basement
Parking features
Off Street, Assigned
Appliances
Gas Water Heater, Natural Gas Water Heater
Standard status
Active
Size
16,481 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
73653
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Ductless, Zoned
Water source
Public
Building Details
Year built
1906
Floors in Building
2
Number of units
17
Flooring type
Hardwood, Carpet, Combination, Laminate, Tile, Vinyl
Building materials
Brick Exterior
Architectural style
Other
Listing Agency:
Flat Fee Real Estate
(802) 318-0833
Listed By:
Robert Foley
(802) 318-0833
Added: Apr 10
Changed: Jul 28
Last Checked: Jul 29 at 9:06PM
MLS# 5083112
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 for-sale portfolio includes two multifamily buildings at 252 and 260 College Street, offered as a turnkey acquisition. 260 College Street contains 14 residential units within a historically significant structure originally built in 1906, converted to multifamily use. A comprehensive unit-by-unit gut renovation was completed in 2026, bringing new kitchens and baths, updated electrical and plumbing, a sprinkler system, and a common boiler. The building also features high ceilings of up to 18'. Additional capital improvements include secure gated access, a camera system, exterior lighting, and upgraded common amenities.
252 College Street provides a fully renovated three-unit building, with completion in 2025 after conversion from office to residential. Each unit has modern finishes, in-unit laundry, and separate boilers, supporting decentralized building systems. Across the combined offering, the properties provide a diversified unit mix, separately metered electric, and substantial recent investment across major systems.
The portfolio is positioned within Burlington’s Downtown Center (FD5) zoning district and totals 20 residential units and 48 total bedrooms. With renovations completed across both buildings and upgrades focused on core mechanicals and security, the asset is designed for operators seeking a ready-to-run multifamily investment with reduced near-term capital needs, supported by a tenant-oriented residential layout and in-unit conveniences.
252 College Street provides a fully renovated three-unit building, with completion in 2025 after conversion from office to residential. Each unit has modern finishes, in-unit laundry, and separate boilers, supporting decentralized building systems. Across the combined offering, the properties provide a diversified unit mix, separately metered electric, and substantial recent investment across major systems.
The portfolio is positioned within Burlington’s Downtown Center (FD5) zoning district and totals 20 residential units and 48 total bedrooms. With renovations completed across both buildings and upgrades focused on core mechanicals and security, the asset is designed for operators seeking a ready-to-run multifamily investment with reduced near-term capital needs, supported by a tenant-oriented residential layout and in-unit conveniences.
Key Highlights
- Multi‑building portfolio in Burlington Downtown Center (FD5) zoning: 260 & 252 College Street with 20 residential units and 48 total bedrooms.
- 260 College Street: 14 units (45 beds) in a historically significant structure originally built in 1906, with high ceilings up to 18'.
- 260 College Street gut renovation completed in 2026: new kitchens and baths, electrical, plumbing, and sprinkler system, plus common boiler.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey two-building Burlington downtown-center portfolio with unit-by-unit renovations and separately metered electric.
Where is this apartment building located?
The property is located at 252-260 College Street Burlington, VT.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Multi‑building portfolio in Burlington Downtown Center (FD5) zoning: 260 & 252 College Street with 20 residential units and 48 total bedrooms.; 260 College Street: 14 units (45 beds) in a historically significant structure originally built in 1906, with high ceilings up to 18'.; 260 College Street gut renovation completed in 2026: new kitchens and baths, electrical, plumbing, and sprinkler system, plus common boiler.