76 Ethan Allen Pkwy Burlington, VT 05408
Seven-unit property near Ethan Allen Park with income potential.
Property Features for 76 Ethan Allen Pkwy
General Information
- Standard status
- Active
- Size
- 5,798 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1988
Listing office KW Vermont
Listing date May 6, 2026
Source Hometown-team
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location directly across from Ethan Allen Park, offering immediate access to nature, recreation, and scenic views.
- Strong income potential from a 7‑unit property.
- Four units have been recently updated with new flooring, kitchens, and paint.
Local Financial Insights For Apartment 5plus
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 | $104.4k | $18.00 |
| − Vacancy | −$1.3k | −$0.22 |
| EGI | $103.1k | $17.78 |
| − OpEx | −$46.4k | −$8.00 |
| NOI | $56.7k | $9.78 |