Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market-offering strong upside potential. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas.Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment with stable income and room for growth.Seller is licensed Broker

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290-292 North StreetBurlington, VT 05401Price: $699,000

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