30-32 North Champlain ST Burlington, VT 05401
Ideally located duplex with development opportunity near downtown Burlington.
Property Features for 30-32 North Champlain ST
General Information
- Standard status
- Active
- Size
- 2,337 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1899
Listing office Coldwell Banker Hickok and Boardman
Listing date May 8, 2026
Source Hometown-team
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hickok and Boardman
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location: One block from Battery Park, near waterfront, bike path, and downtown Burlington.
- Rare, spacious, fenced yard offering privacy and green space in the city.
- Two units: Flexible 4‑bedroom and well‑designed 2‑bedroom layouts.
Local 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 | $37.3k | $15.96 |
| − Vacancy | −$425 | −$0.18 |
| EGI | $36.9k | $15.78 |
| − OpEx | −$11.1k | −$4.73 |
| NOI | $25.8k | $11.04 |
