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  • Listed by: Flat Fee Real Estate • Robert Foley
    $6,950,000

    252-260 College Street, Burlington, VT 05401

    --beds
    --baths
    16,481sqft
    : 
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    Multi Family
    Built in 1906
    -- sqft lot
    $-- Zestimate®
    $422/sqft
    $-- HOA

    What's special

    Modern finishesSecure gated accessIn-unit laundryExterior lightingCamera systemNew kitchensFully renovated
    Rare opportunity to acquire a fully renovated, income-producing multi-building portfolio in Burlington’s highly desirable Downtown Center (FD5) zoning district. 260 & 252 College Street offer a combined 20 residential units with 48 total bedrooms, ideally positioned for strong rental demand and long-term appreciation. 260 College Street features 14 units (45 beds) within a historically significant structure originally built in 1906 and thoughtfully converted to multifamily use. A comprehensive, unit-by-unit gut renovation completed in 2026 delivers modern systems and finishes throughout, including new kitchens, baths, electrical, plumbing, sprinkler system, and common boiler. The property benefits from high ceilings (up to 18’), maximizing livability and tenant appeal, while added bedrooms and newly created units enhance income potential. Additional capital improvements include secure gated access, camera system, exterior lighting, and upgraded common amenities, positioning the asset as a turnkey, low-maintenance investment. 252 College Street complements the offering with a fully renovated 3-unit building (completed 2025), converted from office to residential use. Each unit features modern finishes, in-unit laundry, and separate boilers, providing operational efficiency and strong tenant demand. Together, the properties offer diversified unit mix, separately metered electric, and significant recent capital investment across all major systems—minimizing near-term expenses. Located in a prime rental corridor near downtown amenities, employment, and universities, the portfolio is well-positioned for stable occupancy and continued rent growth. Ideal for investors seeking a turnkey asset with scale, strong cash flow potential, and long-term upside in one of Vermont’s most resilient rental markets.
    90 days
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    518
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Foley,

    Flat Fee Real Estate 802-318-0833

    Source: PrimeMLS,MLS#: 5083112MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Full bathrooms: 18
      Heating
      • Natural Gas, Hot Water
      Cooling
      • Mini Split
      Appliances
      • Included: Gas Water Heater, Natural Gas Water Heater
      Features
      • Flooring: Carpet, Combination, Hardwood, Laminate, Tile, Vinyl, Vinyl Plank
      • Basement: Finished,Interior Entry
      Interior area
      • Total structure area: 16,481
      • Total interior livable area: 16,481 sqft
      • Finished area above ground: 16,481
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 14
      • Parking features: Gated, Paved, Assigned, Off Street, On Site
      • Garage spaces: 14
      Features
      • Levels: Two
      • Frontage length: Road frontage: 296
      Lot
      • Size: 0.37 Acres
      • Features: City Lot
      Details
      • Zoning description: Downtown

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Exterior
      • Foundation: Concrete, Stone
      • Roof: Rolled/Hot Mop
      Condition
      • New construction: No
      • Year built: 1906

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Burlington

      Financial & listing details

      • Price per square foot: $422/sqft
      • Annual tax amount: $73,653
      • Date on market: 4/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,081/mo

        Price history

        DateEventPrice
        4/10/2026Listed for sale$6,950,000$422/sqft
        Source: PrimeMLS #5083112 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        97 / 100
        Walker's Paradise
        46 / 100
        Some Transit
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Assigned
        • Middle: Edmunds Middle School
        • High: Burlington High School
        • District: Burlington School District

        Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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