Duplex with Covered
47-49 Greene Street, Burlington, VT 05401
For Sale
$599,900
Multi-Family, Burlington, VT
Property Size1,976 SF
Lot Size0.08 Acres
Price / SF$303.59
Days on Market144
Property Features for 47-49 Greene Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Amenities
laundry hookups
front porch
hardwood floors
French doors
private back porch
yard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Geri Reilly Real Estate
Listed By:
Geri Reilly
(802) 862-6677
Added: Jun 16
Changed: Nov 5
Last Checked: Nov 6 at 8:06PM
MLS# 5094975
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,976-square-foot duplex, built in 1899, contains two three-bedroom, one-bath residences. The first-floor unit is vacant and includes a covered front porch, hardwood flooring, French doors, and basement access. The upper unit has hardwood floors and its own rear porch, with a lease extending through the end of July. Each residence is served by separate utilities.
The property occupies 0.08 acres in Burlington, Vermont, with driveway parking for up to four vehicles and a manageable yard. Basement laundry hookups add practical support space. Additional features include wood-frame construction with clapboard and wood siding, slate roofing, natural-gas heat, public water, and cable availability. The property is zoned R-2 and is located near UVM, the UVM Medical Center, local colleges, Church Street Marketplace, and the Burlington Waterfront.
The property occupies 0.08 acres in Burlington, Vermont, with driveway parking for up to four vehicles and a manageable yard. Basement laundry hookups add practical support space. Additional features include wood-frame construction with clapboard and wood siding, slate roofing, natural-gas heat, public water, and cable availability. The property is zoned R-2 and is located near UVM, the UVM Medical Center, local colleges, Church Street Marketplace, and the Burlington Waterfront.
Key Highlights
- Two three‑bedroom, one‑bath units with separate utilities
- 1,976 square feet on 0.08 acres
- First‑floor residence is vacant; upper unit leased through the end of July
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,824
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,480
$436.5K
Cap Rate 7%
$311,771
$311.8K
Cap Rate 9%
$242,489
$242.5K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$31.5K $15.96/SF
− Vacancy
−$360 −$0.18/SF
EGI
$31.2K $15.78/SF
− OpEx
−$9.4K −$4.73/SF
NOI
$21.8K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,480
Cap Rate 7%
$311,771
Cap Rate 9%
$242,489
Alternative Uses
Best Use
Multifamily LT 5
$311.8K
$272.8K – $363.7K
NOI $21,824 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,328 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$542.0K
$474.2K – $632.3K
NOI $37,939 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,556
Businesses Nearby
Explore this area
Business Placement
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
$463,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Burlington, VT
Properties on Market for Duplexes in Burlington
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units feature hardwood flooring, separate utilities, basement laundry hookups, and off-street driveway parking.
Where is this duplex located?
The property is located at 47-49 Greene Street Burlington, VT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two three‑bedroom, one‑bath units with separate utilities; 1,976 square feet on 0.08 acres; First‑floor residence is vacant; upper unit leased through the end of July
