252-260 College Street, Burlington, VT 05401
Local realty services provided by:CENTURY 21 Barbara Patterson
252-260 College Street,Burlington, VT 05401
$6,950,000
- - Beds
- 18 Baths
- 16,481 sq. ft.
- Multi-family
- Active
Listed by: robert foley
Office: flat fee real estate802-318-0833
MLS#:5083112
Source:PrimeMLS
Price summary
- Price:$6,950,000
- Price per sq. ft.:$421.7
About this home
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....
Contact an agent
Home facts
- Year built:1906
- Listing ID #:5083112
- Added:107 day(s) ago
- Updated:July 27, 2026 at 10:25 AM
Rooms and interior
- Total bathrooms:18
- Full bathrooms:18
- Flooring:Carpet, Combination, Hardwood, Laminate, Tile, Vinyl, Vinyl Plank
- Basement Description:Finished, Interior
- Living area:16,481 sq. ft.
Heating and cooling
- Cooling:Mini Split
- Heating:Hot Water
Structure and exterior
- Roof:Rolled
- Year built:1906
- Building area:16,481 sq. ft.
- Lot area:0.37 Acres
- Levels:2 Story
Schools
- High school:Burlington High School
- Middle school:Edmunds Middle School
- Elementary school:Assigned
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$6,950,000
- Price per sq. ft.:$421.7
- Tax amount:$73,653 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Gated Driveway, Paved Driveway
- Garage spaces:14
New listings near 252-260 College Street
- New
$334,900Active1 beds 1 baths551 sq. ft.193 St. Paul Street #408, Burlington, VT 05401
MLS# 5101646Listed by: RE/MAX NORTH PROFESSIONALS - New
$427,000Active3 beds 1 baths864 sq. ft.60 Gazo Avenue, Burlington, VT 05401
MLS# 5101612Listed by: COLDWELL BANKER HICKOK AND BOARDMAN - New
$765,000Active3 beds 3 baths2,075 sq. ft.274 College Street, Burlington, VT 05401
MLS# 5101577Listed by: COLDWELL BANKER HICKOK AND BOARDMAN - New
$295,000Active3 beds 1 baths1,144 sq. ft.28 Ward Street, Burlington, VT 05401
MLS# 5101570Listed by: BHHS VERMONT REALTY GROUP/S BURLINGTON - New
$495,000Active2 beds 2 baths1,022 sq. ft.163 Pleasant Avenue, Burlington, VT 05401
MLS# 5101524Listed by: BRIAN FRENCH REAL ESTATE - New
$495,000Active2 beds 2 baths1,134 sq. ft.76 Conger Avenue, Burlington, VT 05401
MLS# 5101679Listed by: KW VERMONT - New
$6,242,000Active70 beds -- baths21,408 sq. ft.1 BTV Investment Street, Burlington, VT 05401
MLS# 5101423Listed by: COLDWELL BANKER HICKOK AND BOARDMAN - New
$524,600Active3 beds 1 baths1,228 sq. ft.11 Alfred Street, Burlington, VT 05401
MLS# 5101412Listed by: COLDWELL BANKER HICKOK AND BOARDMAN - New
$635,000Active5 beds 2 baths2,002 sq. ft.78-80 Loomis Street, Burlington, VT 05401
MLS# 5101389Listed by: GERI REILLY REAL ESTATE - New
$355,000Active2 beds 2 baths1,380 sq. ft.117 Claire Pointe Road, Burlington, VT 05408
MLS# 5101306Listed by: PURSUIT REAL ESTATE