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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Mikail Stein RE/MAX North Professionals

Est. payment -/mo

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Active

21 Hyde ST Burlington, VT 05401

16 Beds

4 Baths

4,289 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,289 sqft

MLS Listing ID 5095783

Style Multi-Family

Bedrooms 16

Full Baths 4

Construction Status Existing

Year Built 1899

Annual Tax Amount $34,175

Tax Year 2026

Lot Size 0.390 Acres

Acres 0.39

Property Description

A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms currently estimated at just under $900 per bedroom and coin operated washers and dryers bringing in a gross income of $173,500 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $122,000 or a 7% CAP rate. Over the last few years with larger UVM enrollment rents have been as high as $1,100 per bedroom, roughly a 9% CAP. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning rez

Rooms

Basement Unfinished

Interior

Heating Natural Gas, Baseboard, Hot Air, Other, Radiator, Boiler

Cooling None

Flooring Carpet, Laminate, Vinyl, Wood

Exterior

Parking Features Yes

Garage Spaces 2.0

Utilities Available Other

Roof Type Shingle,Slate

Building

Lot Description Sidewalks, Street Lights, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)

Story 2

Sewer Public

Water Public

Architectural Style Multi-Family

Construction Status Existing

Schools

High Schools Burlington High School

School District Burlington School District

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

21 Hyde ST Burlington, VT 05401

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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21 Hyde ST

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