Individually Owned Property summary
This exceptional four-unit apartment building, located at 484-488 S Union St, Burlington, VT 05401, presents a compelling investment opportunity. The property, built in 1928 and situated on a 0.15-acre lot, boasts 3,120 square feet and offers a compelling blend of historical charm and modern updates. The building comprises three units within a triplex and a separate one-bedroom cottage, originally a Sears Roebuck home. Two units feature two bedrooms each, while the third unit on the top… floor offers one bedroom and stunning Lake Champlain views. The separate cottage provides a unique one-bedroom floor plan. All units benefit from hardwood floors and separate utilities, including water. Ample paved parking is available. The current NOI is $50,967, with a pro-forma NOI of $74,967, resulting in a current cap rate of 4.63% and a pro-forma cap rate of 6.82%. The asking price is $1,100,000, or $275,000 per unit. The property is zoned RM and presents an ideal opportunity for both owner-occupiers and investors seeking a strong return on investment in a desirable Burlington location. Recent updates enhance the property's condition and appeal. This is a rare chance to acquire a well-maintained multifamily property with significant upside potential in a thriving Vermont market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
This istrict is intended primarily for residential development that includes a mix of housing types such as single detached dwellings, with or without accessory dwelling units, duplexes, triplexes and quadplex organized…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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