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  • Listed by: Coldwell Banker Hickok and Boardman • Lipkin Audette Team
    Price cut: $55K (6/26)
    $1,395,000

    18 Park Street, Burlington, VT 05401

    10beds
    5,017sqft
    : 
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    Multi Family
    Built in 1845
    -- sqft lot
    $-- Zestimate®
    $278/sqft
    $-- HOA

    What's special

    Apartments with laundryAmple parkingWell-maintained with fresh paintMoments from the waterfrontTwo buildingsFront brick building
    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!
    53 days
    |
    358
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lipkin Audette Team,

    Coldwell Banker Hickok and Boardman Phone:802-846-8800

    Source: PrimeMLS,MLS#: 5088609MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 10
      Heating
      • Natural Gas
      Cooling
      • None
      Features
      • Basement: Unfinished,Interior Entry
      Interior area
      • Total structure area: 7,003
      • Total interior livable area: 5,017 sqft
      • Finished area above ground: 5,017
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved
      Features
      • Levels: Two
      Lot
      • Size: 9,148 Square Feet
      • Features: City Lot
      Details
      • Parcel number: 11403514995
      • Zoning description: RH

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame
      • Foundation: Brick, Concrete Slab, Stone
      • Roof: Shingle,Slate
      Condition
      • New construction: No
      • Year built: 1845

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Location
      • Region: Burlington

      Financial & listing details

      • Price per square foot: $278/sqft
      • Tax assessed value: $1,300,500
      • Annual tax amount: $30,734
      • Date on market: 5/13/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Price change$1,395,000-3.8%$278/sqft
        Source: PrimeMLS #5088609 Report a problem
        5/13/2026Listed for sale$1,450,000+684.2%$289/sqft
        Source: PrimeMLS #5088609 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        1/10/2019Listing removed$1,090
        Source: Owner Report a problem
        1/6/2019Listed for rent$1,090
        Source: Owner Report a problem
        7/17/2018Listing removed$1,090
        Source: Owner Report a problem
        7/13/2018Listed for rent$1,090
        Source: Owner Report a problem
        5/1/2006Sold$184,900$37/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $1,300,500
        2023-- $1,300,500
        2022-- $1,300,500
        2021-- $1,300,500 +88.2%
        2020-- $691,100
        2019-- $691,100
        2018-- $691,100
        2017$18,411 +37.6%$691,100
        2016$13,376 $691,100 +9900%
        2015$13,376 $6,911 +17.4%
        2014$13,376 $5,887
        2013$13,376 $5,887
        2012-- $5,887
        2011-- $5,887
        2010-- $5,887
        2009-- $5,887
        2008-- $5,887
        2007-- $5,887
        2006-- $5,887

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05401

        Getting around

        89 / 100
        Very Walkable
        46 / 100
        Some Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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