Attention Investors! Versatile downtown Burlington property with a ton of potential. Don’t miss this incredible opportunity in the heart of Downtown Burlington. Located at 292 Pearl Street, this mixed-use property currently features a spacious commercial unit and two one-bedroom apartments - offering immediate income potential with room to grow. With off-street parking and a flexible layout, the possibilities are wide open: expand the commercial footprint, reconfigure for additional residential units, or create a custom combination to suit your needs.
Closed
Listed by: Element Real Estate
Bought with: KW Vermont
$580,000
292 Pearl Street, Burlington, VT 05401
--beds
--baths
2,323sqft
Multi Family
Built in 1899
-- sqft lot
$596,600 Zestimate®
$250/sqft
$2,707 Estimated rent
Home value
$596,600
$543,000 - $656,000
$2,707/mo
Zestimate® history
Owner options
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$3,119/mo
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Spacious commercial unitOff-street parkingTwo one-bedroom apartments
Zillow last checked:
Listing updated:
Listed by:
Tanner Faucett,
Element Real Estate Phone:802-324-3469
Bought with:
Wen K Dong
KW Vermont
Source: PrimeMLS,MLS#: 5051435
Facts & features
Interior
Heating
- Natural Gas, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Natural Gas Water Heater, Owned Water Heater
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Unfinished,Interior Access,Interior Entry
Interior area
- Total structure area: 3,447
- Total interior livable area: 2,323 sqft
- Finished area above ground: 2,323
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Covered Porch
- Frontage length: Road frontage: 54
Lot
- Size: 6,534 sqft
- Features: City Lot, Curbing, Level, Sidewalks, In Town, Near Hospital
Details
- Parcel number: 11403515896
- Zoning description: Residential - Corridor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Brick Exterior
- Foundation: Brick, Stone
- Roof: Asphalt Shingle,Slate
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & neighborhood
Location
- Region: Burlington
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $580,000-0.9%$250/sqft |
Source:  PrimeMLS #5051435 Report a problem | ||
| 7/17/2025 | Contingent | $585,000$252/sqft |
Source: PrimeMLS #5051435 Report a problem | ||
| 7/14/2025 | Listed for sale | $585,000+216.7%$252/sqft |
Source: PrimeMLS #5051435 Report a problem | ||
| 8/1/1997 | Sold | $184,700+11.9%$80/sqft |
Source: Public Record Report a problem | ||
| 5/14/1992 | Sold | $165,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $785,000 |
| 2023 | -- | $785,000 |
| 2022 | -- | $785,000 |
| 2021 | -- | $785,000 +137.2% |
| 2020 | -- | $331,000 |
| 2019 | -- | $331,000 |
| 2018 | -- | $331,000 |
| 2017 | -- | $331,000 |
| 2016 | $4,037 | $331,000 +9900% |
| 2015 | $4,037 | $3,310 |
| 2014 | $4,037 | $3,310 |
| 2012 | -- | $3,310 |
| 2011 | -- | $3,310 |
Find assessor info on the county website
Neighborhood: 05401
Nearby schools
GreatSchools rating
- 7/10Edmunds Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Edmunds Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Burlington Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- 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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$596,600
2% more
+$11,932
With Zillow Showcase(estimated)
$608,532
- Vermont
- Chittenden County
- Burlington
- 05401
- 292 Pearl Street
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