Four-Unit Multifamily
64 Hyde Street Burlington, VT 05401
64 Hyde Street, Burlington, VT, 05401
$749,900
For Sale
$749,900
Fully occupied quadplex with off-street parking, separate living spaces, and in-unit Rinnai heaters.
Property Size3,603 SF
Price / SF$208.13
Days on Market49
Property Features for 64 Hyde Street
General Information
- Standard status
- Active
- Size
- 3,603 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1910
Listing agency
Kw Vermont
(802) 363-0315
Listed by
Prabin Pokhrel
(802) 363-0315
Source
Threehillsres
Added: Jun 3 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 5:06AM
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 Kw Vermont
Investment Insights
Based on property information with market context.
This four-unit multifamily property offers separate living spaces for each unit and is currently fully occupied. All units are leased to long-term month-to-month tenants, providing steady rental occupancy. The building has been well cared for over time and features attractive interior finishes in select units, including hardwood and vinyl flooring. Several units are equipped with efficient Rinnai heaters, supporting comfortable heating throughout the property. Outside, the exterior has been refreshed with new paint, helping maintain a clean, updated presentation.
Located at 64 Hyde Street in Burlington’s Old North End, the property is described as just minutes from downtown, the waterfront, local restaurants, shopping, and public transportation. Off-street parking is available on site, which can be a practical benefit for tenants and day-to-day access.
For investors, this is a turnkey acquisition opportunity with all units currently leased. For an owner-occupant, it may also work as a way to live in one unit while receiving supplemental rental income from the remaining three units. With a maintained interior and updated exterior, the asset is positioned as a manageable, occupied property for a buyer seeking a residential income building in a convenient Burlington setting.
Located at 64 Hyde Street in Burlington’s Old North End, the property is described as just minutes from downtown, the waterfront, local restaurants, shopping, and public transportation. Off-street parking is available on site, which can be a practical benefit for tenants and day-to-day access.
For investors, this is a turnkey acquisition opportunity with all units currently leased. For an owner-occupant, it may also work as a way to live in one unit while receiving supplemental rental income from the remaining three units. With a maintained interior and updated exterior, the asset is positioned as a manageable, occupied property for a buyer seeking a residential income building in a convenient Burlington setting.
Key Highlights
- Fully occupied 4‑unit multifamily property with all units leased to long‑term month‑to‑month tenants
- Year built 1910 quadplex with separate living spaces in each unit
- Off‑street parking available for residents
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 | $57.5k | $15.96 |
| − Vacancy | −$656 | −$0.18 |
| EGI | $56.8k | $15.78 |
| − OpEx | −$17.1k | −$4.73 |
| NOI | $39.8k | $11.04 |
3,603 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$568.5K
$497.4K – $663.2K
NOI $39,794 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$503.5K
$440.5K – $587.4K
NOI $35,242 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$988.3K
$864.7K – $1.15M
NOI $69,178 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied quadplex with off-street parking, separate living spaces, and in-unit Rinnai heaters.
Where is this quadplex located?
The property is located at 64 Hyde Street Burlington, VT.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Fully occupied 4‑unit multifamily property with all units leased to long‑term month‑to‑month tenants; Year built 1910 quadplex with separate living spaces in each unit; Off‑street parking available for residents
