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18 Park Street

Burlington VT 05401

10
10
7003 sq. ft.
9148 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Buyer Opportunity: Well-Located 10-Unit Investment with Strong Cash Flow & 9%+ Cap Rate. Rare opportunity to own a 10-unit multi-family property in one of Burlington's most sought-after downtown locations, directly across from Battery Park and moments from the waterfront, bike path, Church Street, restaurants, and downtown employers. The property includes two buildings with a strong unit mix made up of highly desirable and easy-to-rent 1-bedroom and studio apartments - layouts that continue to see consistent demand from tenants seeking downtown living with ample parking! The front brick building contains 4 distinctive apartments, while the rear building offers 6 single-level apartments with straightforward layouts. Well-maintained with fresh paint and tenants paying heat and electric, this property offers easy-to-rent apartments with laundry and a strong cash return in a premier Burlington location!

Features

10 bedrooms
10 bathrooms
7003 sq. ft. floor area
9148 sq. ft. lot size
Multi-Family

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Local market activity for 10 bedroom multi families in Burlington

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