Located in the heart of downtown Burlington, this four-unit multi-family property presents a rare value-add opportunity in a highly desirable rental market. The building consists of four separate rental units and offers strong upside potential for investors or owner-occupants looking to renovate and reposition. The property is in need of maintenance and updates, providing the chance to increase rents and long-term value through improvements. Just steps from downtown amenities, dining, shopping, and public transportation, this location supports consistent rental demand. A solid opportunity for those seeking a project in one of Burlington’s most sought-after neighborhoods.
Closed
Listed by: Flex Realty
Bought with: Flex Realty
Zestimate®
$483,700
27-29 Lafountain Street, Burlington, VT 05401
6beds
4baths
2,914sqft
Multi Family
Built in 1899
-- sqft lot
$483,700 Zestimate®
$166/sqft
$2,980 Estimated rent
Home value
$483,700
$460,000 - $508,000
$2,980/mo
Zestimate® history
Owner options
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$2,601/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sean Farrell,
Flex Realty Dan@FlexRealtyVT.com
Bought with:
Giles Wagoner
Flex Realty
Source: PrimeMLS,MLS#: 5077455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Direct Vent, Hot Air, Gas Stove
Cooling
- None
Features
- Flooring: Bamboo, Hardwood, Softwood, Vinyl
- Windows: Screens, Storm Window(s)
- Basement: Crawl Space,Full,Interior Stairs,Unfinished,Interior Entry
Interior area
- Total structure area: 2,914
- Total interior livable area: 2,914 sqft
- Finished area above ground: 2,914
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Crushed Stone, Driveway, Off Street, Parking Spaces 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Patio, Covered Porch, Enclosed Porch
- Exterior features: Shed
- Fencing: Partial
Lot
- Size: 5,663 sqft
- Features: City Lot, Landscaped, Rental Complex, Sidewalks
Details
- Parcel number: 11403514662
- Zoning description: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard Exterior
- Foundation: Below Frost Line, Block, Stone
- Roof: Membrane,Slate
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Burlington
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $483,700-1.1%$166/sqft |
Source:  PrimeMLS #5077455 Report a problem | ||
| 2/25/2026 | Listed for sale | $489,000+71.6%$168/sqft |
Source: PrimeMLS #5077455 Report a problem | ||
| 11/30/2005 | Sold | $285,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $651,400 |
| 2023 | -- | $651,400 |
| 2022 | -- | $651,400 |
| 2021 | -- | $651,400 +86.1% |
| 2020 | -- | $350,000 |
| 2019 | -- | $350,000 |
| 2018 | -- | $350,000 +2.5% |
| 2017 | $9,095 | $341,400 |
| 2016 | -- | $341,400 +9380.7% |
| 2015 | -- | $3,601 |
| 2014 | -- | $3,601 |
| 2013 | -- | $3,601 |
| 2012 | -- | $3,601 |
| 2011 | -- | $3,601 |
| 2010 | -- | $3,601 |
| 2009 | -- | $3,601 |
| 2008 | -- | $3,601 |
| 2007 | -- | $3,601 |
| 2006 | -- | $3,601 |
Find assessor info on the county website
Neighborhood: 05401
Nearby schools
GreatSchools rating
- 7/10Sustainability Academy At Lawrence BarnesGrades: PK-5Distance: 0.1 mi
- 7/10Edmunds Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Burlington Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Integrated Arts Academy
- 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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$483,700
2% more
+$9,674
With Zillow Showcase(estimated)
$493,374
- Vermont
- Chittenden County
- Burlington
- 05401
- 27-29 Lafountain Street
Nearby cities
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