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!
Pending
Listed by: Coldwell Banker Hickok and Boardman • Lipkin Audette Team
$1,395,000
18 Park Street, Burlington, VT 05401
10beds
5,017sqft
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
- 145 days
- 42
- 1
Zillow last checked:
Listing updated:
Listed by:
Lipkin Audette Team,
Coldwell Banker Hickok and Boardman Phone:802-846-8800
Source: PrimeMLS,MLS#: 5088609
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: $31,543
- Date on market: 5/13/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Pending sale | $1,395,000$278/sqft |
Source: | ||
| 6/26/2026 | Price change | $1,395,000-3.8%$278/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $1,450,000+684.2%$289/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/10/2019 | Listing removed | $1,090 |
Source: Owner Report a problem | ||
| 1/6/2019 | Listed for rent | $1,090 |
Source: Owner Report a problem | ||
| 7/17/2018 | Listing removed | $1,090 |
Source: Owner Report a problem | ||
| 7/13/2018 | Listed for rent | $1,090 |
Source: Owner Report a problem | ||
| 5/1/2006 | Sold | $184,900$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,735 | $1,300,500 |
| 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







