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  • Listed by: 

    Peter M Yee,

    Yellow Sign Commercial Inc. 802-598-0006

    Price cut: $20K (8/2)
    $689,900

    512-514 Saint Paul Street, Burlington, VT 05401

    --beds
    --baths
    2,793sqft
    : 
    Multi Family
    Built in 1899
    -- sqft lot
    $681,000 Zestimate®
    $247/sqft
    $-- HOA

    What's special

    Welcome to 512-514 Saint Paul Street. Located in Burlington's desirable South End, this property offers a range of possibilities for both new homeowners and seasoned investors. We have the property leased until the end of May in the year 2026 making this a turn key investment. With two bedrooms in each unit, the property has been and is currently rented as 2 three-bedroom units. The highly desired south end of Burlington attracts the best tenant demographic in the area. Rents continue to increase in our market and over time your cashflow will continue to get better. Currently heat is included with the rents which is a large expense that a savvy investor can fix by separating the heat and allowing tenants to pay their own heat. The garage and residential corridor zoning offer potential for future development of additional units. If you are looking to take some money out of the volatile stock market and take advantage of a recently renovated income producing property in a very desirable location with development opportunities you should come take a look.
    149 days
    on Zillow
    |
    370
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: 18 hours ago

    Listed by:

    Peter M Yee,

    Yellow Sign Commercial Inc. 802-598-0006

    Source: PrimeMLS,MLS#: 5031301MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 512-514 Saint Paul Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Full bathrooms: 2
    Heating
    • Oil, Hot Water, Zoned
    Cooling
    • None
    Features
    • Basement: Concrete Floor,Interior Stairs,Sump Pump,Interior Access,Interior Entry
    Interior area
    • Total structure area: 4,403
    • Total interior livable area: 2,793 sqft
    • Finished area above ground: 2,793
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    • Garage spaces: 2
    Features
    • Levels: Two
    Lot
    • Size: 6,098.4 Square Feet
    • Features: City Lot
    Details
    • Zoning description: Residential - Corridor

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Aluminum Siding
    • Foundation: Brick, Stone
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Electric: Circuit Breakers, On-Site
    • Water: Public Water On-Site
    • Utilities for property: Cable at Site, Gas at Street, Sewer Connected

    Community & HOA

    Location
    • Region: Burlington

    Financial & listing details

    • Price per square foot: $247/sqft
    • Annual tax amount: $14,118
    • Date on market: 3/16/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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