Fully Leased Four-Unit
64 Hyde Street Burlington, VT 05401
64 Hyde Street, Burlington, VT, 05401
$749,900
For Sale
$749,900
MULTI_FAMILY - Other - Burlington, VT
Property Size2,450 SF
Lot Size0.13 Acres
Price / SF$306.08
Days on Market53
Property Features for 64 Hyde Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
- Appliances
- Owned Water Heater, Tank Water Heater
- Standard status
- Active
- Size
- 2,450 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10569
Utilities
- Heating system
- Space Heater, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood, Vinyl
- Building materials
- Wood Frame, Cement Exterior, Clapboard Exterior
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
KW Vermont
(802) 654-8500
68 Randall St., South Burlington, VT
Listed by
Prabin Pokhrel
(802) 654-8500
Added: May 28 Checked: Jul 19 at 1:06 am
MLS# 5091360
Listing URL
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 fully occupied four-unit multifamily property offers separate living spaces designed for independent households. The building has been well cared for over the years and features interior finishes including hardwood and vinyl flooring in select units. Several units are equipped with efficient Rinnai heaters, and the exterior has recently been refreshed with new paint. Off-street parking supports resident convenience.
Located in Burlington’s Old North End, the property is just minutes from downtown, the waterfront, local restaurants and shopping, and public transportation.
Because all four units are currently leased to long-term month-to-month tenants, the building may appeal to investors seeking an income-producing property with in-place occupancy. It can also suit owner-occupants who want the option to live on-site while maintaining rental income from the remaining units, supported by the building’s existing, independently configured living spaces.
Located in Burlington’s Old North End, the property is just minutes from downtown, the waterfront, local restaurants and shopping, and public transportation.
Because all four units are currently leased to long-term month-to-month tenants, the building may appeal to investors seeking an income-producing property with in-place occupancy. It can also suit owner-occupants who want the option to live on-site while maintaining rental income from the remaining units, supported by the building’s existing, independently configured living spaces.
Key Highlights
- Fully occupied 4‑unit multifamily property with all units leased on long‑term month‑to‑month terms
- Hardwood and vinyl flooring in select units; separate living spaces across the building
- Heating includes natural gas plus space heaters; several units equipped with Rinnai heaters
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 | $39.1k | $15.96 |
| − Vacancy | −$446 | −$0.18 |
| EGI | $38.7k | $15.78 |
| − OpEx | −$11.6k | −$4.73 |
| NOI | $27.1k | $11.04 |
2,450 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$386.6K
$338.2K – $451.0K
NOI $27,059 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$342.3K
$299.6K – $399.4K
NOI $23,964 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$672.0K
$588.0K – $784.0K
NOI $47,040 @ 7.0% cap · market cap 6.27%
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 - Four-unit income property with off-street parking and month-to-month leased tenants in Burlington’s Old North End.
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 on long‑term month‑to‑month terms; Hardwood and vinyl flooring in select units; separate living spaces across the building; Heating includes natural gas plus space heaters; several units equipped with Rinnai heaters
