Leased Duplex with Two Off-Street
78-80 Loomis Street Burlington, VT 05401
New
For Sale
$635,000
MULTI_FAMILY - Other - Burlington, VT
Property Size2,002 SF
Lot Size0.06 Acres
Price / SF$317.18
Days on Market3
Property Features for 78-80 Loomis Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Deck, Porch
- Exterior features
- Deck, Porch
- Appliances
- Water Heater
- Standard status
- Active
- Size
- 2,002 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10265
Utilities
- Utilities
- Cable Available
- Heating system
- Hot Water(Heating), Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Carpet, Laminate
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Slate
- Architectural style
- Other
Listing Agency:
Geri Reilly Real Estate
(802) 862-6677
Listed By:
Geri Reilly
(802) 862-6677
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 25 at 5:06AM
MLS# 5101389
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 well maintained duplex is configured with one two-bedroom unit and one three-bedroom unit, each including a full bath and a functional, efficient layout. The three-bedroom unit also features finished third-floor attic space with a half bath, providing additional room within the unit. Both units benefit from a clean basement with designated storage, and residents share a laundry area.
The property includes two off-street parking spaces in the driveway. It is offered fully leased, with the first-floor unit leased through June 1, 2027 and the second-floor unit leased through December 2026.
Set on a smaller lot designed to keep day-to-day upkeep straightforward, the building offers a consistent, income-in-place rental setup in Burlington’s rental market.
The property includes two off-street parking spaces in the driveway. It is offered fully leased, with the first-floor unit leased through June 1, 2027 and the second-floor unit leased through December 2026.
Set on a smaller lot designed to keep day-to-day upkeep straightforward, the building offers a consistent, income-in-place rental setup in Burlington’s rental market.
Key Highlights
- Fully leased duplex with 1 two‑bedroom unit and 1 three‑bedroom unit (both include full baths).
- Income in place: first‑floor unit leased through June 1, 2027; second‑floor unit leased through December 2026.
- Three‑bedroom unit includes finished third‑floor attic space with a half bath for added room to spread out.
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 | $32.0k | $15.96 |
| − Vacancy | −$364 | −$0.18 |
| EGI | $31.6k | $15.78 |
| − OpEx | −$9.5k | −$4.73 |
| NOI | $22.1k | $11.04 |
2,002 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$315.9K
$276.4K – $368.5K
NOI $22,111 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$279.7K
$244.8K – $326.4K
NOI $19,582 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$549.1K
$480.5K – $640.6K
NOI $38,438 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully leased duplex with separate 2- and 3-bedroom units, each with a full bath, plus shared laundry and off-street parking.
Where is this duplex located?
The property is located at 78-80 Loomis Street Burlington, VT.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Fully leased duplex with 1 two‑bedroom unit and 1 three‑bedroom unit (both include full baths).; Income in place: first‑floor unit leased through June 1, 2027; second‑floor unit leased through December 2026.; Three‑bedroom unit includes finished third‑floor attic space with a half bath for added room to spread out.
