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21-25 Elmwood Avenue, 
Burlington, VT 05401

$3,195,000


Bed


Bath


9,987

Sq Ft


Multi-Family

Active

802-253-7358

Last updated:

July 28, 2025, 10:17 AM

MLS#

5052749

Source:

PrimeMLS

Company Logo

About This Home

21-25 Elmwood Avenue

A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already over an 8% cap rate with easy room for improvement.

Home Facts

Multi-Family

Built in 1900

Price Summary

3,195,000

$319 per Sq. Ft.

MLS #:

5052749

Last Updated:

July 28, 2025, 10:17 AM

Added:

9 day(s) ago


Rooms & Interior

Interior

Living Area:

9,987 Sq. Ft.


Structure

Structure

Building Area:

14,655 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

11,326


Finances & Disclosures

Finances

Price:

$3,195,000

Price per Sq. Ft:

$319 per Sq. Ft.

21-25 Elmwood Avenue
MLS Logo
Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 31, 2025

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