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Updated Duplex with Off-Street Parking
New
For Sale
$679,000

71 Drew St, Burlington, VT 05401

Two residential units share laundry facilities, storage areas, covered porches, and a paved driveway for off-street parking.

Property SizeContact for details
Days on Market4

Property Features for 71 Drew St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Amenities

covered porches
shared laundry facilities
off-street parking

Building Details

Year Built 1925
Units 2
Listing Agency:
Listed By: Brian Libby
Source: Elliman
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 21 at 11:05AM

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 Brian Libby

Investment Insights

Based on property information with market context.

This two-unit residential property, built in 1925, includes updated kitchens and bathrooms along with cedar shake and vinyl siding. Additional improvements include gas heaters, electrical panels, and water heaters. Both apartments feature hardwood flooring, while the first-floor residence retains original woodwork and doors. Covered rear porches face the backyard, and the paved driveway provides off-street parking for both units.

The first-floor unit connects to the basement and includes an entry closet. The upper apartment has a kitchen pantry, access to attic storage, and a separate route to the basement, which offers additional storage. Shared laundry facilities serve both residences.

The property is within walking distance of downtown Burlington, the Waterfront, Battery Park, and local amenities. Walk Score is 73, Bike Score is 97, and Transit Score is 43.

Key Highlights

  • Two‑unit residential property built in 1925
  • Updated kitchens, bathrooms, siding, gas heaters, electrical panels, and water heaters
  • Hardwood floors in both apartments; original woodwork and doors in the first‑floor unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Locksmith Veterinary Clinic Pet Grooming Service Tanning Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units share laundry facilities, storage areas, covered porches, and a paved driveway for off-street parking.
Where is this duplex located?
The property is located at 71 Drew St Burlington, VT.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two‑unit residential property built in 1925; Updated kitchens, bathrooms, siding, gas heaters, electrical panels, and water heaters; Hardwood floors in both apartments; original woodwork and doors in the first‑floor unit
More about this property
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