252-260 College St, Burlington, VT 05401

Garage
Yes

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byFlat Fee Real Estate
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Lot size (acres)
0.37
Year built
1906

Interior features

Basement
Yes, Finished
Laundry
In Unit

Exterior features

Area amenities
Gated Community
Horse amenities
Stable

Garage and parking

Garage parking spaces
14

Utilities

Heating
Hot Water, Natural Gas

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: PrimeMLS MLS®#: 5083112 Last checked:

Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this web site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.