- beds
- 6
- baths
- 3
- sq ft
- 1,772
- Built
- 1899
214-216 Pine Street
Burlington, VT 05401
Residential Income · Active · MLS #5094424
Listing Courtesy of Coldwell Banker Hickok and Boardman | Lipkin Audette Team
The home
About this home
Exceptional investment opportunity in one of Burlington’s most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.
Property information
Details at a glance
Interior3 property facts
- Rooms
- 1
- Cooling
- None
- Flooring
- Carpet, Laminate, Vinyl
Building4 property facts
- Style
- Multi Family
- Year built
- 1899
- Foundation
- Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.04 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Res-High Intensity
Financial2 property facts
- Annual taxes
- $9,750
- Assessment year
- 2027
Plan your purchase
Estimated monthly cost
Explore costs at the $619,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,943 / monthAdjust
- Principal & interest
- $3,130
- Property tax
- $813
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,750. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Burlington.
| Metric | This home | Local listings |
|---|---|---|
| List price | $619,000 | $644,5004% below local |
| Price / sq ft | $349 | $31710% above local |
| Days on market | 77 | 6518% above local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
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Need help making sense of this home?
Common questions
About 214-216 Pine Street
Can I request a private showing?
Request a tour of 214-216 Pine Street and a Bean Group agent will help coordinate an available time with the listing side.
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