Duplex with Covered
New
For Sale
$499,000
73-75 N Champlain Street, Burlington, VT 05401
Multi-Family, Burlington, VT
Property Size1,920 SF
Lot Size0.08 Acres
Price / SF$259.90
Days on Market4
Property Features for 73-75 N Champlain Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Basement
Patio and Porch features
Porch
Exterior features
Covered Porch, Enclosed Porch
Lot features
City Lot
Middle school
Edmunds Middle School
High school
Burlington High School
Elementary school district
Burlington School District
Middle school district
Burlington School District
High school district
Burlington School District
Directions
From downtown Burlington, head north on Battery Street. Turn right onto North Street, then left onto North Champlain Street. Continue to 73-75 North Champlain Street. Property will be on the right. Is this conversation helpful so far?
Standard status
Active
Size
1,920 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8377
Utilities
Heating system
Forced Air, Natural Gas, Space Heater
Water source
Public
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Aluminum, Wood Frame
Roof type
Flat, Membrane
Architectural style
Other
Listing Agency:
KW Vermont · Keller Williams Realty
Listed By:
Elvis Salkic
(802) 654-8500
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 26 at 1:06AM
MLS# 5115490
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.
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Investment Insights
Based on property information with market context.
This Burlington duplex contains two residences, each with two bedrooms and one full bathroom. The 1,920-square-foot property sits on a 0.08-acre lot and dates to 1899. Interior details include hardwood and carpet flooring, woodwork, and living and dining rooms. Kitchens provide cabinetry and storage, while covered and enclosed porch features extend the home’s layout outdoors.
The building has an aluminum exterior over a wood-frame structure, a flat membrane roof, and natural gas heating with space-heater and forced-air systems. Public water serves the property, and a basement is also present.
The building has an aluminum exterior over a wood-frame structure, a flat membrane roof, and natural gas heating with space-heater and forced-air systems. Public water serves the property, and a basement is also present.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,920 square feet on a 0.08‑acre lot
- Built in 1899
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,206
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,120
$424.1K
Cap Rate 7%
$302,943
$302.9K
Cap Rate 9%
$235,622
$235.6K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$30.6K $15.96/SF
− Vacancy
−$349 −$0.18/SF
EGI
$30.3K $15.78/SF
− OpEx
−$9.1K −$4.73/SF
NOI
$21.2K $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%
$424,120
Cap Rate 7%
$302,943
Cap Rate 9%
$235,622
Alternative Uses
Best Use
Multifamily LT 5
$302.9K
$265.1K – $353.4K
NOI $21,206 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$268.3K
$234.8K – $313.0K
NOI $18,780 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$526.6K
$460.8K – $614.4K
NOI $36,864 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,813
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, a full bathroom, and separate living and dining areas.
Where is this duplex located?
The property is located at 73-75 N Champlain Street Burlington, VT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,920 square feet on a 0.08‑acre lot; Built in 1899
